| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 18.01 | 69.2% | 67.5% |
| Total Income | 18.01 | 69.2% | 67.5% |
| Expenditure | 55.31 | 38.2% | 75.5% |
| PBT | -37.30 | 303.1% | 256.5% |
| Net Profit | -29.66 | 294.4% | 249.4% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.55 | 278.2% | 219.2% |
Equity Bancshares Reports Q3 2025 Net Loss of $29.7 Million
04 May 2026 · 4 May, 9:03 am
Summary
Equity Bancshares, Inc. reported a net loss of $29.7 million for Q3 2025, or $1.55 per diluted share. Adjusting for merger-related expenses and bond portfolio repositioning, net income was $22.5 million, or $1.17 per diluted share. The company completed its merger with NBC Oklahoma, which contributed significantly to loan and deposit balances. Net interest margin expanded by 28 basis points linked quarter to 4.45%.
Key Highlights
- 1
Equity Bancshares, Inc. reported a net loss of $29.7 million, or $1.55 per diluted share, for the quarter ended September 30, 2025.
- 2
Adjusted net income for Q3 2025 was $22.5 million, or $1.17 per diluted share, after accounting for merger-related expenses and bond portfolio repositioning.
- 3
Net interest margin for the third quarter of 2025 expanded by 28 basis points linked quarter to 4.45%.
- 4
The company closed its merger with NBC Oklahoma during the quarter, contributing $664.6 million in loan balances and $807.1 million in deposit balances.
- 5
Loan balances closed the period at $4.3 billion, reflecting an 18.5% increase in the quarter including NBC balances.
- 6
Deposit balances, excluding NBC and brokered accounts, increased by $37.2 million during the quarter.
- 7
The Company announced a $0.18 dividend on outstanding common shares as of September 30, 2025, a 20% increase relative to the prior quarterly dividend.
Management Comments
Brad S. Elliott
“Our Company continued to execute in the third quarter of 2025 as we closed and integrated our merger with NBC, announced a definitive agreement with Frontier Holdings LLC ("Frontier"), reissued subordinated debt, repositioned the remainder of our investment portfolio and continued to service our customers and our communities," “Our accomplishments in the quarter and throughout 2025 position our Company for continued success as we execute on our mission to empower our employees, customers and communities. “I couldn’t be more proud of our employees and partners. Transformational quarters like these are not possible without excellent operators committing to accomplishing significant tasks,” “Our teams are motivated to realize the benefits of our continued expansion efforts and to continue driving our organization forward.”
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