Equity Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 24, 2024 at 04:45 pm EST
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Equity Bancshares, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 39.47 million compared to USD 42.03 million a year ago. Net loss was USD 28.3 million compared to net income of USD 11.61 million a year ago. Basic loss per share from continuing operations was USD 1.84 compared to basic earnings per share from continuing operations of USD 0.73 a year ago. Diluted loss per share from continuing operations was USD 1.84 compared to diluted earnings per share from continuing operations of USD 0.72 a year ago.
For the full year, net interest income was USD 159.02 million compared to USD 162.83 million a year ago. Net income was USD 7.82 million compared to USD 57.69 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 3.56 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 3.51 a year ago.
Equity Bancshares, Inc. is a bank holding company for Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners as well as individuals through its network of approximately 82 branches located in Arkansas, Kansas, Missouri and Oklahoma. The Bankâs operations involve the delivery of loan and deposit products to its customers. It offers commercial banking products and other services, including lending activities, deposit products, and other products and services. The Bank offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay. Its commercial treasury management services include balance reporting, transfers between accounts, wire transfer initiation, automated clearing house (ACH) origination and stop payments.
EQUITY BANCSHARES, INC. 
