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Stock impact report

Equity Bancshares (EQBK) Q1 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Equity Bancshares, Inc. Class A (EQBK) 
Last equity bancshares, inc. class a earnings: 4/29 07:21 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.equitybank.com/investor-relations
Bank CEO — Richard J. Sems Chief Financial Officer — Christopher M. Navratil Chief Credit Officer — Krzysztof Slupkowski Need a quote from a Motley Fool analyst? Email pr@fool.com Takeaways Net income -- $15.0 million, or $0.85 per diluted share, as directly reported for the quarter. Tangible common earnings -- $16.0 million, or $0.90 per diluted share, excluding intangible amortization. Net interest income -- Increased to $50.3 million from $49.5 million sequentially, with net interest margin expanding to 4.27% from 4.17%. Loan growth -- Loans grew by $131 million in the quarter, equating to an annualized rate of 15.5%. Provision for credit loss -- $2.7 million, attributed to higher loan balances and economic uncertainty from recent trade policy announcements. Allowance for credit losses (ACL) coverage -- 1.26% of loans at period end. Tangible common equity (TCE) ratio -- Ended at 10.13%, a 36% year-over-year increase. Tangible book value per share -- $31.07, Show less Read more
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