EQBK Earnings Prediction
The chart below shows how EQBK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EQBK sees a -3.98% change in stock price 10 days leading up to the earnings, and a +0.14% change 10 days following the report. On the earnings day itself, the stock moves by +1.15%. This data can give you a slight idea of what to expect for the next quarter's release.
EQBK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
54.42M
977.33%
5.44%
Gross Margin
--
--
--
Operating Margin
37.70%
1384.25%
22.32%
Net Margin
31.21%
411.64%
-18.85%
EPS
1.04
156.52%
-18.75%
No Data Available
EQBK Earnings Analysis
Equity Bancshares Inc Corporation (EQBK.N) Earnings Conference Call
Positive
Record Earnings Per Share: Record earnings per share of $4.04 achieved, marking a significant milestone for the company.
Net Interest Income Increase: Net interest income increased by $3.4 million or 7.4% during the quarter, driven by improved net interest margin of 4.17%, up from 3.87% in the previous quarter.
Capital Raise for Growth: Successful capital raise of $87 million completed, aimed at funding M&A growth and organic expansion, enhancing the company's financial position.
Loan and Deposit Growth: Loan portfolio grew to $3.5 billion, reflecting a 5% year-over-year increase, alongside a deposit portfolio growth to $4.4 billion, also up 5% year-over-year.
Tangible Book Value Increase: Tangible book value per share increased by 18.5% to $4.70, indicating strong franchise growth and shareholder value enhancement.
Negative
Cost Management Challenges: Noninterest expenses adjusted for one-time M&A charges were effectively flat at $37,700,000, which was modestly above the outlook, indicating cost management challenges.
Rising Credit Risk Concerns: Total classified loans increased to $73,500,000, representing 12.1% of total bank regulatory capital, highlighting rising credit risk concerns.
Asset Quality Deterioration: Nonperforming assets increased by $2,300,000 during the quarter, reflecting a deterioration in asset quality despite a decrease in nonaccrual loans.
Loan Paydowns Trend Reversal: Loan paydowns in excess of the average quarterly run rate totaled $125,000,000, indicating a trend reversal in loan production and potential future growth challenges.
Q1 2025 Margin Forecast: The forecast for Q1 2025 anticipates a margin between 3.95% and 4.05%, suggesting potential margin compression due to lagging repricing effects.
EQBK FAQs
How does EQBK typically perform around its earnings report dates?
Is Earnings call transcript: Equity Bancshares beats Q4 2024 EPS forecast, stock dips positive or negative?
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EQBK Earning Call Sentiment
Earnings call transcript: Equity Bancshares beats Q4 2024 EPS forecast, stock dips
EQBK.N
0.7%Positive
The earnings call reveals strong financial performance with an increase in EPS and net income, along with a dividend hike. The company shows a solid capital position and asset quality improvement. Despite some risks in M&A execution and interest rate sensitivity, management remains optimistic. Positive guidance on loan growth and strategic M&A, combined with shareholder return plans, outweigh concerns. The Q&A section indicates stable sentiment from analysts. Overall, the sentiment is positive due to the strong financial metrics and optimistic outlook, suggesting a likely stock price increase.
