Equity Bancshares, Inc. (EQBK) Stock

Equity Bancshares, Inc. (EQBK) is a Financials stock trading at $49.80 (as of 2026-08-21), with a market capitalization of $1.03B and a trailing P/E of 28.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Equity Bancshares, Inc. is a bank holding company that provides banking, mortgage banking, and financial services through Equity Bank, serving individual and corporate customers. It accepts a range of deposit accounts, offers commercial and consumer lending, provides deposit-related services such as debit cards and online banking, and supports customer transactions including bill payment and letters of credit.

Understand Equity Bancshares, Inc.: how it makes money

Equity Bancshares is the bank holding company for Equity Bank, providing banking, mortgage banking, and other financial services by taking customer deposits and making a wide range of commercial, real estate, homebuilder, agricultural, government guaranteed, and other loans, plus related financial services.

Profit is driven by the bank business model described here, funding customer lending and related financial services with customer deposits across many loan categories (including commercial and real estate-linked lending, plus mortgage banking).

Business quality (Solid): The provided facts describe the deposit-funded lending and mortgage banking business, but do not include any official reportable segment breakdown or operational KPI labels, limiting a deeper, metric-based read.

Valuation: At 39× earnings, EQBK trades 212% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Broad lending menu: The company reports many loan product categories, including commercial and industrial, commercial real estate-backed, real estate construction, homebuilder, agricultural, and government guaranteed loans.
Mortgage banking included: The business description explicitly includes mortgage banking alongside traditional banking services to individual and corporate customers.

Bear case

Real estate-linked credit exposure: Loan categories include commercial real estate-backed lending, real estate construction, and homebuilder loans, which can be sensitive to stress in those end markets.
Credit risk across many specialized products: The large number of distinct loan types (for example, construction, working capital, equipment financing, and borrowing base loans) can increase the complexity of credit performance monitoring.

Valuation — source: SEC EDGAR (first-party)
Price	$49.80
Market Cap	$1.03B
P/E Ratio	28.6
EV / EBITDA	30.0
Price / Book	1.24
Price / Sales	2.58
FCF Yield	7.6%
DCF Value (model)	$1.87
DCF Upside vs Price	-96.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$330.83M
Net Margin	6.9%
Revenue Growth (YoY)	45.3%
EPS Growth (YoY)	47.1%
FCF Growth (YoY)	36.7%

Valuation vs Sector & Industry
Stock P/E	28.6
Sector P/E (Financials)	15.1
Industry P/E (Banking)	13.0
vs Sector	89.6%
vs Industry	120.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	T. Rowe Price Investment Management, Inc. ($92.80M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Brad S. Elliott
Employees	810
Country	US
IPO Date	2015-11-11

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.