Equity Bancshares (EQBK) Projected to Post Earnings on Wednesday

Equity Bancshares (NASDAQ:EQBK) will likely be issuing its quarterly earnings data after the market closes on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.94 per share and revenue of $55,959.60 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Equity Bancshares Price Performance

Shares of NASDAQ EQBK opened at $43.15 on Monday. Equity Bancshares has a fifty-two week low of $30.44 and a fifty-two week high of $50.85. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $659.72 million, a price-to-earnings ratio of 39.22 and a beta of 0.92. The company has a 50 day simple moving average of $45.08 and a two-hundred day simple moving average of $41.84.

Equity Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.39%. Equity Bancshares’s dividend payout ratio (DPR) is presently 54.55%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EQBK. DA Davidson upped their price objective on Equity Bancshares from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Keefe, Bruyette & Woods upped their price target on Equity Bancshares from $43.00 to $48.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens upgraded Equity Bancshares from an “equal weight” rating to an “overweight” rating and set a $46.00 price objective for the company in a report on Monday, October 14th.

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.