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Equity Bancshares ( (EQBK) ) has issued an announcement.
Equity Bancshares, Inc. announced its financial results for the fourth quarter ended December 31, 2024, reporting a net income of $17.0 million and earnings per diluted share of $1.04. The company experienced a net interest margin expansion to 4.17% and concluded the quarter with a tangible common equity ratio of 9.95%. The quarter also saw the completion of a common stock capital raise, issuing over 2 million shares and increasing deposits by $211.2 million. The company is optimistic about future growth opportunities and announced the return of Greg Kossover to lead its Capital Markets division.
More about Equity Bancshares
Equity Bancshares, Inc., based in Wichita, Kansas, is a holding company for Equity Bank. The company operates in the financial services industry, providing banking services including loans and deposits. It focuses on expanding its footprint and generating value for its customers, employees, and shareholders.
YTD Price Performance: 5.55%
Average Trading Volume: 63,163
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $747.7M
Learn more about EQBK stock on TipRanks’ Stock Analysis page.
