Equity Bancshares, Inc. (EQBK)

Equity Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	230.43	211.21	160.86	137.33	134.66	149.3
Interest Income on Investments	45.8	35.5	27.39	20.03	20.9	26.2
Total Interest Income	276.23	246.71	188.25	157.37	155.56	175.5
Interest Paid on Deposits	84.97	70.47	16.32	8.26	16.58	40.91
Interest Paid on Borrowings	20.13	17.22	9.1	6.53	6.33	8.73
Total Interest Expense	105.1	87.69	25.42	14.79	22.91	49.64
Net Interest Income	171.14	159.02	162.83	142.58	132.65	125.86
Net Interest Income Growth (YoY)	5.31%	-2.34%	14.20%	7.48%	5.40%	0.85%
Gain (Loss) on Sale of Assets	0.1	0.1	0.04	0.02	-0.01	0.02
Gain (Loss) on Sale of Investments	-50.6	-51.91	0.01	0.41	0.01	0.01
Gain (Loss) on Sale of Equity Investments	-0.22	-0.22	-0.22	-0.22	-0.21	-
Other Non-Interest Income	34.75	32.35	33.8	28.77	20.92	22.51
Total Non-Interest Income	-15.19	-19.03	35.04	32.28	23.87	25.01
Non-Interest Income Growth (YoY)	-	-	8.55%	35.21%	-4.54%	25.62%
Revenues Before Loan Losses	155.95	139.99	197.87	174.85	156.52	150.87
Provision for Loan Losses	3.21	1.87	0.13	-8.48	24.26	18.35
Revenue	152.74	138.12	197.74	183.33	132.27	132.51
Revenue Growth (YoY)	-21.78%	-30.15%	7.86%	38.61%	-0.18%	-5.85%
Salaries and Employee Benefits	65.78	61.78	58.71	54.2	54.13	49.25
Federal Deposit Insurance	2.48	2.2	1.14	1.67	2.09	1.23
Amortization of Goodwill & Intangibles	3.66	3.37	4.04	4.17	3.85	3.17
Selling, General & Administrative	38.32	36.08	33.88	25.36	21.85	24.23
Other Non-Interest Expense	17.73	19.97	18.15	15.2	11.61	11.48
Total Non-Interest Expense	141.23	135.41	127.83	109.92	103.85	98.74
EBT Excluding Unusual Items	11.52	2.71	69.91	73.41	28.42	33.77
Other Unusual Items	1.3	-	0.96	0.21	2.15	-
Pretax Income	8.68	2.42	70.28	64.44	-74.57	32.86
Income Tax Expense	-1.15	-5.41	12.59	11.96	0.4	7.28
Earnings From Continuing Operations	9.83	7.82	57.69	52.48	-74.97	25.58
Net Income to Common	9.83	7.82	57.69	52.48	-74.97	25.58
Basic Shares Outstanding	15	16	16	15	15	16
Diluted Shares Outstanding	15	16	16	15	15	16
Shares Change (YoY)	-3.26%	-4.80%	7.39%	1.38%	-4.70%	0.86%
EPS (Basic)	0.64	0.50	3.56	3.49	-4.97	1.64
EPS (Diluted)	0.62	0.50	3.51	3.43	-4.97	1.61
EPS Growth	-80.25%	-85.75%	2.33%	-	-	-29.39%
Effective Tax Rate	-	-	17.92%	18.55%	-	22.15%
Dividend Per Share	0.480	0.440	0.360	0.160	-	-
Dividend Growth	20.00%	22.22%	125.00%	-	-	-

Source: S&P Capital IQ. Banks template.