secwatch.observer — SEC 8-K summary
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Issuer:     EQUITY BANCSHARES INC (EQBK)
CIK:        0001227500
Form:       8-K
Filed at:   2026-09-03T11:46:00+00:00
Accession:  0001193125-26-381051
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equity Bancshares to merge with Lincoln Bancorp in $123.8M deal
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- Total consideration ~$123.8M: 77.5% EQBK stock, 22.5% cash; based on $49.85 spot price.
- Adds 16 Iowa locations; Lincoln has $1.7B assets, $1.2B loans, $1.5B deposits as of 6/30/26.
- Expected ~5.1% ($0.27) EPS accretion in 2027 and 7.5% ($0.42) in 2028, excluding one-time costs.
- TBV dilution earned back in <3 years; proforma assets ~$9.1B after reducing excess liquidity.
- Merger expected to close Q4 2026, subject to regulatory and shareholder approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227500/000119312526381051/0001193125-26-381051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227500/000119312526381051/d152469d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-381051

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