Equity Bancshares Stock Falls as 2Q Revenue Miss Analyst Expectations

Dow Jones
2025/07/15
 

By Kelly Cloonan

 

Shares of Equity Bancshares declined after the company's second-quarter revenue missed Wall Street's expectations.

The stock fell 5.8% to $41.50 in after-hours trading on Monday. Shares have risen 3.9% since the start of the year through market close.

The holding company of Equity Bank posted a profit of $15.3 million, or 86 cents a share, compared with $11.7 million, or 76 cents a share, a year earlier.

Adjusted earnings per share were 99 cents, ahead of estimates of 89 cents a share according to analysts polled by FactSet.

Revenue rose to $58.4 million compared with $55.4 million a year ago, missing the $60.5 million expected by analysts.

Net interest income rose to $49.8 million, compared to $46.5 million a year ago. Net interest margin was 4.2%.

The bank's provision for credit losses declined to $19,000 from $265,000 the year before, driven by a decline in ending loan balances.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

July 14, 2025 18:17 ET (22:17 GMT)

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