DA Davidson Expects Increased Earnings for Equity Bancshares

Equity Bancshares, Inc. (NASDAQ:EQBK - Free Report) - Stock analysts at DA Davidson lifted their Q2 2025 earnings estimates for shares of Equity Bancshares in a research report issued to clients and investors on Friday, June 27th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $0.93 for the quarter, up from their prior estimate of $0.92. DA Davidson has a "Neutral" rating and a $39.00 price target on the stock. The consensus estimate for Equity Bancshares' current full-year earnings is $3.72 per share. DA Davidson also issued estimates for Equity Bancshares' FY2025 earnings at $3.87 EPS and FY2026 earnings at $4.45 EPS.

EQBK has been the subject of a number of other reports. Keefe, Bruyette & Woods lowered their price objective on Equity Bancshares from $46.00 to $44.00 and set a "market perform" rating for the company in a research report on Monday, April 7th. Janney Montgomery Scott started coverage on shares of Equity Bancshares in a research note on Thursday, April 3rd. They issued a "neutral" rating on the stock. Finally, Piper Sandler dropped their target price on shares of Equity Bancshares from $46.00 to $44.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Equity Bancshares presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.60.

Equity Bancshares Stock Up 1.6%

NASDAQ:EQBK traded up $0.70 during mid-day trading on Monday, reaching $43.33. The stock had a trading volume of 28,043 shares, compared to its average volume of 60,054. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.86 and a quick ratio of 0.86. Equity Bancshares has a 1-year low of $32.95 and a 1-year high of $50.85. The company has a market capitalization of $758.92 million, a price-to-earnings ratio of 10.89 and a beta of 0.78. The stock's 50 day simple moving average is $39.60 and its two-hundred day simple moving average is $40.57.

Equity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. Equity Bancshares's dividend payout ratio is 15.27%.

Insider Buying and Selling at Equity Bancshares

In related news, COO Julie A. Huber sold 4,000 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $39.10, for a total value of $156,400.00. Following the completion of the sale, the chief operating officer owned 57,688 shares in the company, valued at $2,255,600.80. This represents a 6.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Equity Bancshares

Large investors have recently modified their holdings of the business. Bellwether Advisors LLC bought a new stake in shares of Equity Bancshares in the first quarter valued at about $39,000. CWM LLC boosted its holdings in shares of Equity Bancshares by 311.5% in the 1st quarter. CWM LLC now owns 2,041 shares of the bank's stock valued at $80,000 after buying an additional 1,545 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of Equity Bancshares in the 4th quarter valued at approximately $98,000. Quantbot Technologies LP increased its holdings in Equity Bancshares by 139.9% during the fourth quarter. Quantbot Technologies LP now owns 2,725 shares of the bank's stock worth $116,000 after buying an additional 1,589 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Equity Bancshares during the fourth quarter worth $119,000. 71.80% of the stock is currently owned by institutional investors.

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, 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.