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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Equity Bancshares, Inc. - EQBK

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
Company Research Source: PR Newswire
NEW YORK, June 20, 2019 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Equity Bancshares, Inc. ("Equity Bancshares" or the "Company") (NASDAQ: EQBK).  Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.The investigation concerns whether Equity Bancshares and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  On January 24, 2019, Equity Bancshares disclosed that, during the fourth quarter of 2018, one credit relationship was downgraded to Watch and Substandard for $19 million and $9 million, respectively.  On this news, the Company's stock price fell $2.14 per share, or more than 6%, to close at $32.15 per share on January 24, 2019.  Then, on April 22, 2019, Equity Bancshares disclosed a $14.5 million provision for loss against the credit relationship, resulting in a $4.1 million net loss for the first quarter of 2019.  On this new Show less Read more
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