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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