earnings
confidence high
sentiment positive
materiality 0.70
Equity Bancshares Q3 net income $12.3M ($0.80 EPS); NIM 3.51%; dividend raised to $0.12/share
EQUITY BANCSHARES INC
2023-Q3 EPS reported
$2.30
- Net income $12.3M, diluted EPS $0.80; PTPP ROAA 1.22%, ROATCE 14.18%.
- Net interest income $41.0M (+$1.6M QoQ); NIM 3.51%; loan yield 6.67% (+33bps).
- Total deposits $4.1B, noninterest-bearing 23%; cost of deposits 1.84%.
- Dividend increased to $0.12/share from $0.10; Board approved 1M share repurchase plan.
- TCE/TA 7.29% (9.55% ex AOCI); CET1 12.65%; all capital ratios above well-capitalized.