NYSE$EQBK
Equity Bancshares Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported net income of $12.3 million and $0.80 earnings per diluted share.
Equity Bancshares reported a net income of $12.3 million, with earnings per diluted share at $0.80 for the quarter ended September 30, 2023. The company experienced growth in net interest margin and net interest income, driven by its core deposit base. Strong tangible and regulatory capital ratios and positive credit quality trends were maintained.
- Net Interest Margin grew by 13 basis points, and Net Interest Income grew by $1.6 million.
- Pre-tax, pre-provision net income for the quarter was $15.5 million, up $2.3 million linked quarter.
- The Company's Board authorized a 20% increase in quarterly dividend to $0.12 per share, and authorized the repurchase of up to 1 million shares.
- Classified loans as a percentage of total risk-based capital at Equity Bank were 6.3%, down from 7.9% as of June 30, 2023.
Headline financials
Revenue & EPS history
Equity Bancshares · Revenue · Quarterly
$49.7M
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 forward guidance. Therefore, this section is left empty.
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 Q3 2023
+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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