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Financials · EQBK

Equity Bancshares Inc. (EQBK) financials

For the twelve months ended Sep 30, 2026, Equity Bancshares Inc. reported $321.86M of revenue and $92.26M of net income.

Revenue, TTM
$321.86M
Revenue growth, YoY
+64.8%
Net income, TTM
$92.26M
Net income growth, YoY
+423.4%
Net margin
28.7%
Free cash flow, TTM
$44.45M
EPS, diluted, TTM
$4.43
EPS growth, YoY
+263.1%
Total debt
$537.88M
P/E
11.02
P/S
3.16
Market cap
$1.02B
Annual revenue$210.05M
FY2016FY2025
Annual net income$22.73M
FY2016FY2025
Annual free cash flow$38.11M
FY2016FY2025

EQBK revenue and earnings growth

EQBK revenueQ3 2026$83.75M

Quarter YoY
+365.1%
QoQ
+2.2%
FY YoY
-6.6%
5Y CAGR
+5.8%
10Y CAGR
+14.1%

EQBK revenue was $83.75M in fiscal Q3 2026 (ended Sep 30, 2026), up 365.1% from a year earlier and up 2.2% from the prior quarter. For the full fiscal 2025 it was $210.05M, down 6.6% from fiscal 2024. Compound annual growth was +5.8% over 5 years and +14.1% over 10 years. It rose in 8 of the last 10 fiscal years.

EQBK net incomeQ3 2026$26.77M

QoQ
+1.3%
FY YoY
-63.7%
10Y CAGR
+8.2%

EQBK net income was $26.77M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$29.66M a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $22.73M, down 63.7% from fiscal 2024. Compound annual growth was +8.2% over 10 years. It rose in 2 of the last 4 fiscal years.

EQBK EPSQ3 2026$1.29

QoQ
+1.6%
FY YoY
-69.3%

EQBK diluted EPS was $1.29 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$1.55 a year earlier and up 1.6% from the prior quarter. For the full fiscal 2025 it was $1.23, down 69.3% from fiscal 2024.

EQBK free cash flowQ3 2026$9.93M

Quarter YoY
+123.0%
QoQ
-72.1%
FY YoY
-41.7%
5Y CAGR
+2.3%
10Y CAGR
+17.1%

EQBK free cash flow was $9.93M in fiscal Q3 2026 (ended Sep 30, 2026), up 123.0% from a year earlier and down 72.1% from the prior quarter. For the full fiscal 2025 it was $38.11M, down 41.7% from fiscal 2024. Compound annual growth was +2.3% over 5 years and +17.1% over 10 years. It rose in 6 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$210.05M$224.98M$139.89M$198.79M$175.42M$158.68M$150.85M$144.52M$101.44M$63.06M
Interest expense$104.75M$110.68M$87.69M$25.42M$14.79M$22.91M$49.64M$36.76M$16.69M$9.20M
Pre-tax income$26.38M$78.28M$2.42M$70.28M$64.44M-$74.57M$32.86M$46.17M$31.03M$13.87M
Income tax$3.65M$15.66M-$5.41M$12.59M$11.96M$400.0K$7.28M$10.35M$10.38M$4.50M
Net income$22.73M$62.62M$7.82M$57.69M$52.48M-$74.97M$25.58M$35.83M$20.65M$9.37M
EPS, basic$1.24$4.04$0.50$3.56$3.49-$4.97$1.64$2.33$1.66$1.09
EPS, diluted$1.23$4.00$0.50$3.51$3.43-$4.97$1.61$2.28$1.62$1.07
Diluted shares18.5M15.7M15.6M16.4M15.3M15.1M15.8M15.7M12.7M8.8M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents--------$52.20M$35.09M
Goodwill$82.10M$53.10M$53.10M$53.10M$54.47M$31.60M$136.43M$131.71M$104.91M$58.87M
Total assets$6.37B$5.33B$5.03B$4.98B$5.14B$4.01B$3.95B$4.06B$3.17B$2.19B
Total debt$443.22M$312.80M$386.93M$288.69M$159.36M$141.76M----
Total liabilities$5.64B$4.74B$4.58B$4.57B$4.64B$3.61B$3.47B$3.61B$2.80B$1.93B
Shareholders' equity$732.05M$592.92M$452.86M$410.06M$500.63M$407.65M$478.06M$455.94M$374.14M$257.96M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$51.37M$73.84M$76.53M$74.07M$102.70M$43.62M$48.52M$36.67M$27.63M$15.55M
Capital expenditures$13.25M$8.49M$15.57M$3.48M$5.10M$9.55M$6.95M$8.83M$6.87M$2.80M
Free cash flow$38.11M$65.35M$60.95M$70.59M$97.60M$34.07M$41.57M$27.84M$20.75M$12.75M
Investing cash flow$136.92M$123.73M$232.17M-$214.18M-$315.34M$96.00M$96.10M-$171.49M-$222.92M-$140.69M
Financing cash flow$35.79M-$192.93M-$34.03M-$15.41M$191.90M$51.78M-$248.15M$275.44M$212.40M$103.41M
Dividends paid$11.42M$7.89M$6.61M$5.56M$1.15M----$42.0K
Share repurchases$13.99M$11.86M$17.90M$33.19M$18.66M$19.35M$10.87M---
Stock-based compensation$5.63M$4.05M$3.21M$3.33M$2.91M$3.47M$2.87M$2.51M$1.10M$553.0K
Depreciation and amortization$6.08M$5.38M$4.52M$4.47M$4.19M$3.73M$3.56M$3.13M$2.50M$1.76M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-6.6%60.8%-29.6%13.3%10.6%5.2%4.4%42.5%60.9%12.5%
Net income growth, YoY-63.7%700.7%-86.4%9.9%---28.6%73.5%120.3%-9.0%
EPS growth, YoY-69.3%700.0%-85.8%2.3%---29.4%40.7%--30.5%
Net margin10.8%27.8%5.6%29.0%29.9%-47.2%17.0%24.8%20.4%14.9%
Free cash flow margin18.1%29.0%43.6%35.5%55.6%21.5%27.6%19.3%20.5%20.2%
Return on equity3.1%10.6%1.7%14.1%10.5%-18.4%5.4%7.9%5.5%3.6%
Return on assets0.4%1.2%0.2%1.2%1.0%-1.9%0.6%0.9%0.7%0.4%
Debt to equity0.610.530.850.700.320.35----

Source: XBRL data Equity Bancshares Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

EQBK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
EQBK$321.86M+64.8%$92.26M28.7%$1.02B
JPM$203.15B+13.2%$65.98B32.5%$908.43B
BAC$120.16B+5.4%$32.24B26.8%$348.81B
WFC$87.23B+5.4%$22.97B26.3%$256.63B
C$85.22B+5.6%$14.31B16.8%$201.89B
UBS$49.57B+2.0%$7.80B15.7%$151.93B
MFG¥8.79T+7.6%¥1.16T13.2%$122.19B
COF$63.01B+31.2%$10.87B17.2%$119.45B
BNSC$37.74B+12.1%C$7.79B20.6%$114.51B

EQBK FAQ

8 questions
  • What is EQBK revenue?
    Equity Bancshares Inc. (EQBK) reported $321.86M of revenue for the twelve months ended Sep 30, 2026. That is up 64.8% from the year before. Revenue for fiscal 2025 was $210.05M.
  • Is EQBK profitable?
    Yes. Equity Bancshares Inc. earned $92.26M in net income for the twelve months ended Sep 30, 2026, a net margin of 28.7%.
  • How much cash and debt does EQBK have?
    Equity Bancshares Inc. reported $537.88M of debt on its most recent balance sheet in SEC filings.
  • How fast is EQBK revenue growing?
    Equity Bancshares Inc.'s revenue changed -6.6% in fiscal 2025, to $210.05M. Its compound annual growth rate was +5.8% over 5 years and +14.1% over 10 years.
  • What is EQBK free cash flow?
    Equity Bancshares Inc. generated $44.45M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $64.36M less capital expenditures.
  • What is EQBK earnings per share?
    Diluted earnings per share were $4.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did EQBK last report financial results?
    The latest statements here come from Equity Bancshares Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this EQBK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Equity Bancshares Inc. files with the SEC. It is provided for information only and is not investment advice.