Equity Bancshares Inc., based in Wichita, Kansas, has been assigned new credit ratings by KBRA. The company received a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3. Its primary subsidiary, Equity Bank, was given deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2. All long-term ratings have been given a Stable outlook, supported by the bank's recent stability in credit trends and strong asset quality.
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