EQBK Stock Summary and Trading Ideas (Equity Bancshares Class A | NYSE:EQBK)

Equity Bancshares Inc is a bank holding company. The company's operation involves the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.

Equity Bancshares Class A trades on the NYSE stock market under the symbol EQBK.

As of December 12, 2024, EQBK stock price declined to $46.75 with 25,532 million shares trading.

EQBK has a beta of 0.77, meaning it tends to be less sensitive to market movements. EQBK has a correlation of 0.08 to the broad based SPY ETF.

EQBK has a market cap of $811.43 million. This is considered a Small Cap stock.

Last quarter Equity Bancshares Class A reported $55 million in Revenue and $1.31 earnings per share. This fell short of revenue expectation by $-742,000 and exceeded earnings estimates by $.32.

In the last 3 years, EQBK traded as high as $50.85 and as low as $20.50.

The top ETF exchange traded funds that EQBK belongs to (by Net Assets): IWM, VTI, VXF, IWN, DFAT.

EQBK has outperformed the market in the last year with a return of +46.6%, while the SPY ETF gained +32.3%. In the last 3 month period, EQBK beat the market returning +21.3%, while SPY returned +9.3%. However, in the most recent 2 weeks EQBK has underperformed the stock market by returning -3.1%, while SPY returned +0.9%.

EQBK support price is $46.56 and resistance is $48.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EQBK shares will trade within this expected range on the day.