Equity Bancshares Inc (EQBK) stock analysis

P/E above its 5-year median

Equity Bancshares's P/E of 10.9 is above its own 5-year median of 10.4.

P/E below the industry

Equity Bancshares's P/E of 10.9 is below the Commercial Banks median of 12.1.

P/S below the industry

Equity Bancshares's price-to-sales of 3.15 is below the Commercial Banks median of 3.60.

P/B below the industry

Equity Bancshares's price-to-book of 1.24 is below the Commercial Banks median of 1.29.

Trading below fair value

The share price of $49.20 is below our fair value estimate of $49.29.

Margin of safety under 20%

The price is 0.2% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 1.9% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -29.5% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 64.8% over the last twelve months; the Commercial Banks median is 11.3%.

Guidance raised

Equity Bancshares raised its fourth quarter Non-interest expense outlook on Oct 14, 2026.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 12.1% over the last twelve months and averaged 8.3% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 1.3%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

Equity Bancshares's return on equity of 12.1% is above the Commercial Banks median of 11.5%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin above its 5-year average

Net margin was 28.7% over the last twelve months, against a 5-year average of 20.6%.

Net margin below the industry

Equity Bancshares's net margin of 28.7% is below the Commercial Banks median of 30.3%.

Well capitalized

Equity is 10.7% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Loans equal 87.2% of deposits, so lending is funded by customer deposits.

Adequate loan-loss reserve

The allowance for credit losses is 1.2% of loans; we look for at least 1%.

High cost base

Non-interest expense takes 61.1% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 21.1% over the past year.

Borrowings

Needs debt and equity figures.

Pays a dividend

Equity Bancshares paid dividends worth 1.5% of the share price over the last twelve months.

Yield below Treasuries

The 1.5% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Equity Bancshares yields 1.5%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 5 fiscal years.

Covered by earnings

Dividends take 15.6% of net income.

Covered by free cash flow

Dividends take 32.5% of free cash flow.