Equity Bancshares Inc. (EQBK) has disclosed a new risk, in the Regulation category.
The Consumer Financial Protection Bureau (CFPB) has significantly reshaped the landscape of consumer financial laws, potentially impacting Equity Bancshares Inc.’s operations. With its broad rulemaking authority under the Dodd-Frank Act, the CFPB can impose stricter requirements than previous regulators, focusing on unfair, deceptive, or abusive practices. Recent enforcement actions have shown that compliance could demand substantial resources, as the CFPB under the Biden Administration has intensified its scrutiny on regulatory matters like fair lending and financial institution practices. The evolving leadership within the CFPB may further alter its policies and interpretations, adding layers of unpredictability to the regulatory environment faced by Equity Bancshares Inc.
The average EQBK stock price target is $50.33, implying 26.49% upside potential.
To learn more about Equity Bancshares Inc.’s risk factors, click here.