Trade Equity Bancshares Inc - EQBK CFD

Equity Bancshares Inc Company profile

About Equity BancShares Inc

Equity Bancshares, Inc. is a bank holding company. The Company's subsidiary, Equity Bank, provides a range of financial services primarily to businesses and business owners as well as individuals through its network of branches located in Arkansas, Kansas, Missouri and Oklahoma. The Company's operations involve the delivery of loan and deposit products to its customers. The Company's operations involve the delivery of loan and deposit products to its customers. The Company offers commercial banking products and other services, including lending activities, deposit products, and other products and services. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements and mobile banking solutions. In addition, the Company offers commercial treasury management services, wire transfer, automated clearing house (ACH) services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Equity BancShares Inc interest income increased 1% to $157.4M. Net interest income after loan loss provision increased 39% to $151.1M. Net income totaled $52.5M vs. loss of $75M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities.