What is DA Davidson’s Estimate for EQBK FY2025 Earnings?

Equity Bancshares, Inc. (NASDAQ:EQBK) – Analysts at DA Davidson issued their FY2025 earnings per share (EPS) estimates for shares of Equity Bancshares in a report issued on Thursday, April 10th. DA Davidson analyst J. Rulis anticipates that the bank will earn $3.80 per share for the year. DA Davidson currently has a “Neutral” rating and a $46.00 target price 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’ FY2026 earnings at $4.50 EPS.

A number of other brokerages also recently weighed in on EQBK. Stephens cut their price target on shares of Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Keefe, Bruyette & Woods cut their target price on Equity Bancshares from $46.00 to $44.00 and set a “market perform” rating for the company in a research note on Monday, April 7th. Janney Montgomery Scott initiated coverage on Equity Bancshares in a research note on Thursday, April 3rd. They issued a “neutral” rating on the stock. Finally, Hovde Group upped their price objective on Equity Bancshares from $56.00 to $57.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.20.

Equity Bancshares Trading Up 0.4 %

EQBK opened at $35.43 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. Equity Bancshares has a twelve month low of $30.98 and a twelve month high of $50.85. The stock has a market capitalization of $620.34 million, a price-to-earnings ratio of 8.90 and a beta of 0.73. The company has a 50-day simple moving average of $40.33 and a 200 day simple moving average of $42.68.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EQBK. Barclays PLC boosted its holdings in shares of Equity Bancshares by 247.2% during the 3rd quarter. Barclays PLC now owns 23,308 shares of the bank’s stock valued at $953,000 after acquiring an additional 16,595 shares in the last quarter. JPMorgan Chase & Co. raised its position in Equity Bancshares by 5.1% in the third quarter. JPMorgan Chase & Co. now owns 360,457 shares of the bank’s stock valued at $14,735,000 after purchasing an additional 17,431 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of Equity Bancshares during the third quarter valued at about $2,809,000. BNP Paribas Financial Markets grew its holdings in shares of Equity Bancshares by 7.8% during the third quarter. BNP Paribas Financial Markets now owns 3,213 shares of the bank’s stock worth $131,000 after purchasing an additional 232 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Equity Bancshares by 2.6% in the third quarter. State Street Corp now owns 314,889 shares of the bank’s stock valued at $12,919,000 after buying an additional 8,103 shares during the period. 71.80% of the stock is currently owned by institutional investors and hedge funds.

Equity Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.69%. Equity Bancshares’s dividend payout ratio is currently 15.08%.

About Equity Bancshares

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.