Equity Bancshares Inc (EQBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Equity Bancshares Inc (EQBK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Equity Bancshares Inc is a full-service community bank. It offers services such as commercial loans, consumer banking, mortgage loans & treasury management services. The bank generates a majority of its revenue from the interest income, fees, & interest. Equity Bancshares Inc has a market cap of $482.640 million; its shares were traded at around $30.56 with a P/E ratio of 13.41 and P/S ratio of 3.50.


For the last quarter Equity Bancshares Inc reported a revenue of $38.8 million, compared with the revenue of $28.69 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $144.5 million, an increase of 42.5% from last year. For the last five years Equity Bancshares Inc had an average revenue growth rate of 24.4% a year.

The reported diluted earnings per share was $2.28 for the year, an increase of 40.7% from previous year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Equity Bancshares Inc has the cash and cash equivalents of $197.7 million, compared with $51.5 million in the previous year. The long term debt was $414.6 million, compared with $364.2 million in the previous year. Equity Bancshares Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $30.56, Equity Bancshares Inc is traded at 19.9% discount to its historical median P/S valuation band of $38.17. The P/S ratio of the stock is 3.50, while the historical median P/S ratio is 4.37. The stock lost 18.93% during the past 12 months.

For the complete 20-year historical financial data of EQBK, click here.

This article first appeared on GuruFocus.


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