Equity Bank

Equity Bancshares, Inc. Will Announce First Quarter 2024 Results on April 16, 2024

Retrieved on: 
Tuesday, March 26, 2024

Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its first quarter results on Tuesday, April 16, 2024, with a press release issued after market close.

Key Points: 
  • Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its first quarter results on Tuesday, April 16, 2024, with a press release issued after market close.
  • Equity Chairman and Chief Executive Officer Brad Elliott and Chief Financial Officer Chris Navratil will hold a conference call and webcast to discuss earnings results on Wednesday, April 17, 2024 at 10 a.m. eastern time or 9 a.m. central time.
  • A live webcast of the call will be available on the Company’s website at investor.equitybank.com .
  • A replay of the call and webcast will be available two hours following the close of the call until May 1, 2024, accessible at investor.equitybank.com .

Equity Bancshares, Inc. Completes Merger with Rockhold BanCorp

Retrieved on: 
Monday, February 12, 2024

Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced it completed its merger with Rockhold BanCorp (“Rockhold”), the parent company of the Bank of Kirksville in Kirksville, Missouri.

Key Points: 
  • Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced it completed its merger with Rockhold BanCorp (“Rockhold”), the parent company of the Bank of Kirksville in Kirksville, Missouri.
  • “I’m grateful for the efforts of our Equity Bank team, including our new team members from Bank of Kirksville,” said Brad Elliott, Equity Chairman & CEO.
  • We are eager to serve our new Missouri communities, customers, and team members.”
    Bank of Kirksville’s locations opened as Equity Bank locations on February 10.
  • Equity announced the merger with Rockhold on December 6, 2023.

Equity Bancshares, Inc. Fourth Quarter Results Highlighted by 6.1% Annualized Loan Growth and Strategic Balance Sheet Repositioning

Retrieved on: 
Wednesday, January 24, 2024

"Our classified asset ratio continues to be historically low, while both capital and on balance sheet reserves remain high, positioning Equity to be strategic for organic and acquisitive growth opportunities."

Key Points: 
  • "Our classified asset ratio continues to be historically low, while both capital and on balance sheet reserves remain high, positioning Equity to be strategic for organic and acquisitive growth opportunities."
  • The Company realized linked quarter deposit growth of $63.3 million, including $13.3 million in non-brokered deposit balances.
  • Stockholders' Equity increased $34.7 million linked quarter, while tangible book value increased $35.5 million.
  • Quarter over quarter, book capital increased $34.7 million to $452.9 million and tangible capital increased $35.5 million to $391.5 million.

Marstone Announces $8M Series B to Drive New Fee-Based Revenue for Financial Institutions via Digital Investment and Planning Offering

Retrieved on: 
Thursday, January 25, 2024

Marstone enables financial institutions to retain and generate deposits, increase non-interest income, and improve client servicing and satisfaction by launching a wealth practice for less cost than an average full-time hire.

Key Points: 
  • Marstone enables financial institutions to retain and generate deposits, increase non-interest income, and improve client servicing and satisfaction by launching a wealth practice for less cost than an average full-time hire.
  • “In today’s economy, financial firms are under immense pressure to retain deposits, increase fee revenue, and stem outflows to external, digital-first investment solutions.
  • For many, digital investing and wealth planning are the most strategic paths toward those goals.
  • For countless institutions today, offering digital investment and financial planning is essential as they combat a challenging rate environment and evolving consumer needs in the digital space.

Equity Bancshares, Inc. Will Announce Fourth Quarter 2023 Results on January 24, 2024

Retrieved on: 
Thursday, December 28, 2023

WICHITA, Kan., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its fourth quarter results on Wednesday, January 24, 2024, with a press release issued after market close.

Key Points: 
  • WICHITA, Kan., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its fourth quarter results on Wednesday, January 24, 2024, with a press release issued after market close.
  • Equity Chairman and Chief Executive Officer Brad Elliott and Chief Financial Officer Chris Navratil will hold a conference call and webcast to discuss earnings results on Thursday, January 25, 2024 at 10 a.m. eastern time or 9 a.m. central time.
  • A live webcast of the call will be available on the Company’s website at investor.equitybank.com .
  • A replay of the call and webcast will be available two hours following the close of the call until January 31, 2024, accessible at investor.equitybank.com .

Equity Bancshares, Inc. Adds to Missouri Franchise, Will Acquire Bank of Kirksville

Retrieved on: 
Wednesday, December 6, 2023

Bank of Kirksville will merge into Equity Bank, adding eight locations to Equity Bank’s current network.

Key Points: 
  • Bank of Kirksville will merge into Equity Bank, adding eight locations to Equity Bank’s current network.
  • Each bank has roots in community values, and dedication to Missouri customers,” said Bank of Kirksville Chief Executive Officer Norman Belitz.
  • Following completion of the merger in the first quarter of 2024, Bank of Kirksville will merge with and into Equity Bank.
  • Following the closing of the transaction, Norman Belitz, Chief Executive Officer of Bank of Kirksville, will join Equity Bank as Regional Market President.

Equity Bancshares, Inc. Reports Third Quarter Results; Including Net Interest Margin Growth Driven by Core Deposit Base

Retrieved on: 
Tuesday, October 17, 2023

During the quarter, the Company realized linked period Net Interest Margin growth of 13 basis points, and Net Interest Income growth of $1.6 million.

Key Points: 
  • During the quarter, the Company realized linked period Net Interest Margin growth of 13 basis points, and Net Interest Income growth of $1.6 million.
  • Pre-tax, pre-provision net income for the quarter was $15.5 million up $2.3 million linked quarter driven by growth in both net interest income and non-interest income.
  • During the quarter, the Company received non-objection from the Federal Reserve Bank of Kansas City related to the repurchase plan.
  • During the third quarter, Equity announced two internal promotions to its executive management team.

Equity Bancshares, Inc. Will Announce Third Quarter 2023 Results on October 17, 2023

Retrieved on: 
Thursday, September 28, 2023

WICHITA, Kansas, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its third quarter results on Tuesday, October 17, 2023, with a press release issued after market close.

Key Points: 
  • WICHITA, Kansas, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its third quarter results on Tuesday, October 17, 2023, with a press release issued after market close.
  • Equity Chairman and Chief Executive Officer Brad Elliott and Chief Financial Officer Chris Navratil will hold a conference call and webcast to discuss earnings results on Wednesday, October 18, 2023 at 10 a.m. eastern time or 9 a.m. central time.
  • A live webcast of the call will be available on the Company’s website at investor.equitybank.com .
  • A replay of the call and webcast will be available two hours following the close of the call until October 25, 2023, accessible at investor.equitybank.com .

Marstone and Jack Henry Collaboration Combines Seamless Access to Digital Wealth and Digital Banking

Retrieved on: 
Tuesday, September 26, 2023

Marstone, Inc. , a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY).

Key Points: 
  • Marstone, Inc. , a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY).
  • The partnership allows bank customers who use Jack Henry’s Banno™ digital banking platform to also access Marstone’s digital wealth platform via a single sign-on (SSO).
  • Marstone leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital Platform™ is built on, to embed its technology into the digital experiences offered by community and regional financial institutions.
  • Access to Jack Henry’s API, design and authenticated frameworks has enabled Marstone to directly integrate into the digital banking platform, providing a seamless banking experience.

Equity Bank, Marstone Announce Partnership to Enhance Customers’ Digital Investing

Retrieved on: 
Tuesday, September 12, 2023

Marstone, Inc. , a leading digital wealth technology firm, today announced its partnership with Equity Bank , to help make personal investing simpler for the Bank’s customers.

Key Points: 
  • Marstone, Inc. , a leading digital wealth technology firm, today announced its partnership with Equity Bank , to help make personal investing simpler for the Bank’s customers.
  • With the partnership, Marstone will provide its turnkey digital wealth management platform and Wealth Management-as-a-Service offering (through its Registered Investment Advisor) to the growing community bank.
  • This new investment offering aims to increase Equity Bank’s customer retention and expansion efforts.
  • Equity Bank is a subsidiary of Equity Bancshares, Inc. (NYSE: EQBK), which operates 66 bank locations across Kansas, Missouri, Arkansas, and Oklahoma, and comprises more than $5 billion in assets.