DA Davidson Has Positive Outlook for EQBK FY2026 Earnings

Key Points

• DA Davidson has increased its FY2026 earnings estimate for Equity Bancshares from $4.50 to $5.00 per share, maintaining a "Neutral" rating with a price objective of $45.00.
• In a separate report, Keefe, Bruyette & Woods also raised their price target for the stock from $45.00 to $47.00, while three analysts rated it as a Buy and three as Hold.
• Hedge funds have recently boosted their stakes in Equity Bancshares, with Osaic Holdings increasing its position by 282% in the second quarter, indicating growing institutional interest.

Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Analysts at DA Davidson increased their FY2026 earnings per share (EPS) estimates for Equity Bancshares in a research note issued on Wednesday, September 3rd. DA Davidson analyst J. Rulis now forecasts that the bank will earn $5.00 per share for the year, up from their previous forecast of $4.50. DA Davidson currently has a "Neutral" rating and a $45.00 target price on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share.

Separately, Keefe, Bruyette & Woods upped their price objective on Equity Bancshares from $45.00 to $47.00 and gave the company a "market perform" rating in a research note on Thursday, September 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $48.40.

Equity Bancshares Stock Performance

Shares of EQBK stock traded up $0.09 during trading on Friday, hitting $41.92. The company's stock had a trading volume of 18,115 shares, compared to its average volume of 76,244. Equity Bancshares has a 52 week low of $34.11 and a 52 week high of $50.85. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.78. The business has a fifty day moving average of $40.25 and a 200-day moving average of $39.58. The company has a market cap of $805.66 million, a PE ratio of 10.53 and a beta of 0.83.

Institutional Investors Weigh In On Equity Bancshares

Several institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Equity Bancshares by 4.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,158 shares of the bank's stock worth $346,000 after acquiring an additional 322 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of Equity Bancshares by 4.5% during the first quarter. MetLife Investment Management LLC now owns 9,492 shares of the bank's stock worth $374,000 after acquiring an additional 413 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Equity Bancshares by 282.0% during the second quarter. Osaic Holdings Inc. now owns 680 shares of the bank's stock worth $28,000 after acquiring an additional 502 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Equity Bancshares by 33.3% during the second quarter. BNP Paribas Financial Markets now owns 2,189 shares of the bank's stock worth $89,000 after acquiring an additional 547 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in shares of Equity Bancshares by 22.0% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 3,825 shares of the bank's stock worth $156,000 after acquiring an additional 689 shares in the last quarter. Hedge funds and other institutional investors own 71.80% of the company's stock.

About Equity Bancshares

Equity Bancshares, Inc operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.