Equity Bancshares (NYSE:EQBK) Rating Increased to Hold at Wall Street Zen

Key Points

• Equity Bancshares was upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, indicating improved analyst outlook.
• The stock is currently trading at $39.53 with a market capitalization of $759.77 million and a PE ratio of 9.81.
• Equity Bancshares operates as a bank holding company, providing a wide range of banking and financial services to both individual and corporate customers.

Equity Bancshares (NYSE:EQBK - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Saturday.

Equity Bancshares Stock Performance

NYSE EQBK traded up $0.10 on Friday, hitting $40.10. 77,928 shares of the company's stock were exchanged, compared to its average volume of 91,571. The stock has a market capitalization of $770.72 million, a price-to-earnings ratio of 9.30 and a beta of 0.85. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.64. Equity Bancshares has a fifty-two week low of $34.11 and a fifty-two week high of $50.85.

Equity Bancshares Company Profile

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-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.