NYSE$EQBK
Equity Bancshares Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Equity Bancshares' second quarter 2024 results were highlighted by record net interest income and net interest margin expansion.
Equity Bancshares reported a strong second quarter in 2024, characterized by record net interest income and net interest margin expansion. The company reported net income of $11.7 million, or $0.76 earnings per diluted share. Adjusted net income was $15.3 million, or $0.99 per diluted share, excluding merger and BOLI-related costs.
- Earnings per diluted share were $0.99, adjusted to exclude merger expenses and BOLI repositioning costs.
- Operations of the Rockhold Bancorp merger were integrated, and the merger with KansasLand Bancshares, Inc. was closed.
- Net interest income reached an all-time high of $46.5 million due to strategic transactions.
- The company repurchased 152,982 shares at a weighted average cost of $33.35.
Headline financials
Revenue & EPS history
Equity Bancshares · Revenue · Quarterly
$55.4M
Revenue by segment
Equity Bancshares · $5.74M total across 3 segments · Q3 2021
- Debit Card Income$2.57M—44.9%
- Service Charges$2.36M—41.2%
- Mortgage Banking$801K—14.0%
Forward guidance
The press release does not contain specific forward guidance. It highlights the company's position to facilitate strategic M&A and leverage its balance sheet for franchise growth.
Tailwinds
- Continued increase in margin
- Opportunities to enhance customer relationships
- Building stockholder value
- Leverage balance sheet position to grow our franchise
- Positioned to facilitate strategic M&A
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.7%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.9%
Avg return
30 days after
52%
25 / 48 earnings
Positive
+14.3%
Q3 2020
Best reaction
-17.1%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -2.1% | -5.4% | |
| Q4 2025 | -0.8% | -6.9% | -5.2% | |
| Q3 2025 | -1.9% | -3.4% | -0.6% | |
| Q2 2025 | -0.4% | +1.2% | +5.0% | |
| Q1 2025 | +1.3% | +2.1% | +13.5% | |
| Q4 2024 | -0.9% | +1.1% | -1.9% | |
| Q3 2024 | +5.3% | +4.1% | +12.6% | |
| Q2 2024 | +5.8% | +3.5% | -1.9% | |
| Q1 2024 | -0.8% | +1.2% | +7.1% | |
| Q4 2023 | +0.7% | +3.3% | -4.3% | |
| Q3 2023 | -2.5% | -4.0% | +9.7% | |
| Q2 2023 | +8.0% | +7.0% | +4.2% | |
| Q1 2023 | -4.5% | -3.7% | -8.3% | |
| Q4 2022 | -6.9% | -10.2% | -6.4% | |
| Q3 2022 | +4.0% | +0.9% | +9.9% | |
| Q2 2022 | +4.0% | +4.5% | +13.9% | |
| Q1 2022 | +11.6% | +8.0% | -1.8% | |
| Q4 2021 | -3.6% | -6.6% | -7.8% | |
| Q3 2021 | -3.9% | -2.5% | +0.3% | |
| Q2 2021 | +4.1% | +2.7% | +10.6% | |
| Q1 2021 | +4.8% | +7.8% | +11.3% | |
| Q4 2020 | -1.1% | -6.2% | +13.0% | |
| Q3 2020 | +14.3% | +18.9% | +34.8% | |
| Q2 2020 | -0.1% | +2.2% | +7.8% | |
| Q1 2020 | +4.1% | -3.1% | -9.4% | |
| Q4 2019 | +3.0% | +2.5% | +2.9% | |
| Q3 2019 | +5.0% | +5.6% | +6.1% | |
| Q2 2019 | +4.3% | +9.1% | +5.3% | |
| Q1 2019 | -17.1% | -15.6% | -10.7% | |
| Q4 2018 | -7.3% | -5.3% | -1.8% | |
| Q3 2018 | -2.0% | -6.8% | +0.2% | |
| Q2 2018 | -1.6% | -5.3% | -4.0% | |
| Q1 2018 | -2.0% | -2.5% | -1.9% | |
| Q4 2017 | +0.9% | +2.0% | +6.2% | |
| Q3 2017 | -5.0% | -4.9% | -5.9% | |
| Q2 2017 | +2.5% | +4.2% | -1.2% | |
| Q1 2017 | +1.3% | +4.1% | -4.8% | |
| Q4 2016 | +1.8% | -4.2% | -3.5% | |
| Q3 2016 | +3.2% | +3.4% | +16.5% | |
| Q2 2015 | -1.5% | +1.7% | +9.0% | |
| Q2 2016 | -0.4% | +0.7% | +5.0% | |
| Q1 2015 | +1.5% | — | — | |
| Q1 2016 | +0.3% | — | — | |
| Q3 2015 | +1.3% | — | — | |
| Q4 2013 | +1.3% | — | — | |
| Q4 2015 | +5.8% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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