Equity Bancshares, Inc. (EQBK) FY2026 earnings

Reported results

• GAAP net income was $26.8 million or $1.29 per diluted share; non-GAAP core net income was $29.1 million or $1.40 per diluted share
• Net interest income was $72.8 million, down $1.0 million quarter over quarter; net interest margin was 4.20%
• Loans held for investment ended at $5.4 billion, up $39.2 million or an annualized rate of 2.9%; legacy market loan growth annualized at 11.9%
• GAAP efficiency ratio was 54.0%; non-GAAP core non-interest expense to average assets was 2.42%
• Return on average equity was 12.7%; non-GAAP return on average tangible common equity was 16.1%
• Allowance for credit losses was 1.18% of outstanding balances; net charge-offs were $2.1 million or an annualized 15 basis points

Guidance

• Net interest margin expected to return to 4.25-4.35% in fourth quarter, absent Lincoln impact
• Non-interest income expected to be between $10.0 and $11.0 million in fourth quarter, exclusive of Lincoln impact
• Non-interest expense expected in the range of $47.0 to $48.0 million in fourth quarter, exclusive of Lincoln impact

Notes

Company announced merger with Lincoln Bancorp. Book value and tangible book value per share declined quarter over quarter primarily due to increase in accumulated other comprehensive loss as market interest rates moved against investment portfolio. Loan purchase accounting accretion was $3.3 million in the quarter.

Price and volatility reaction

The stock moved +0.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -7.8 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-14 (8-K, Item 2.02). Read the original filing on sec.gov.