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WICHITA, Kan. (AP) _ Equity Bancshares Inc. (EQBK) on Monday reported fourth-quarter net income of $12.5 million.
The Wichita, Kansas-based bank said it had earnings of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.
The bank holding company posted revenue of $48.5 million in the period. Its revenue net of interest expense was $44.1 million, topping Street forecasts.
For the year, the company reported a loss of $75 million, or $4.97 per share, swinging to a loss in the period. Revenue was reported as $158.7 million.
Equity Bancshares shares have increased 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.15, a decrease of 15% in the last 12 months.