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1 Comment
Equity Bancshares, Inc is currently in a long term uptrend where the price is trading 17.2% above its 200 day moving average.
From a valuation standpoint, the stock is 70.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.7.
Equity Bancshares, Inc's total revenue rose by 7.9% to $41M since the same quarter in the previous year.
Its net income has increased by 24.7% to $12M since the same quarter in the previous year.
Finally, its free cash flow fell by 308.4% to $-37M since the same quarter in the previous year.
Based on the above factors, Equity Bancshares, Inc gets an overall score of 4/5.
ISIN | US29460X1090 |
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CurrencyCode | USD |
Industry | Banks-Regional |
Sector | Financial Services |
Exchange | NASDAQ |
Market Cap | 536M |
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Dividend Yield | 1.2% |
Target Price | 35.2 |
PE Ratio | 10.31 |
Beta | 0.73 |
Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses. The company's loan products also comprise various consumer loans to individuals and professionals, including residential real estate loans, home equity loans and lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides debit cards; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. As of December 31, 2021, it operated a network of 69 branches in Arkansas, Kansas, Missouri, and Oklahoma. The company was founded in 2002 and is headquartered in Wichita, Kansas.
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