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)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10