secwatch.observer — SEC 8-K summary
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Issuer:     EQUITY BANCSHARES INC (EQBK)
CIK:        0001227500
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001193125-25-071450
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equity Bancshares to acquire NBC Oklahoma; $35.54+3.219 shares per NBC share, close Q3 2025
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- Consideration: 80% stock/20% cash; each NBC share receives 3.219 EQBK shares + ~$35.54 cash, subject to NBC equity adjustments.
- Pro forma combined: $6.4B assets, $5.3B deposits, $4.3B loans; EQBK adds 15 Oklahoma locations, doubling state footprint.
- Transaction expected ~12.5% accretive to 2026 EPS (excl. one-time costs) with TBV dilution earn-back in <3 years.
- Voting agreement covers ~100% of NBC shares; Ken Fergeson to join EQBK board; NBC president H.K. Hatcher to remain with Equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227500/000119312525071450/0001193125-25-071450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227500/000119312525071450/d943138d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-071450

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer