Equity Bancshares (EQBK) financial statements
Equity Bancshares reported revenue of $210M in fiscal 2025, up 14.3% a year over 9 years.
Net income was $23M.
Free cash flow was $38M, and the company returned $11M in dividends and $14M in net buybacks.
The diluted share count rose 111% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Equity Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63M | $101M | $145M | $151M | $159M | $175M | $199M | $140M | $225M | $210M |
| Interest expense | $9M | $17M | $37M | $50M | $23M | $15M | $25M | $88M | $111M | $105M |
| Pre-tax income | $14M | $31M | $46M | $33M | -$75M | $64M | $70M | $2M | $78M | $26M |
| Income tax | $4M | $10M | $10M | $7M | $400,000 | $12M | $13M | -$5M | $16M | $4M |
| Net income | $9M | $21M | $36M | $26M | -$75M | $52M | $58M | $8M | $63M | $23M |
| EPS (diluted) | $1.07 | $1.62 | $2.28 | $1.61 | -$4.97 | $3.43 | $3.51 | $0.50 | $4.00 | $1.23 |
| Diluted shares | 9M | 13M | 16M | 16M | 15M | 15M | 16M | 16M | 16M | 18M |
| Net margin | 14.9% | 20.4% | 24.8% | 17.0% | -47.2% | 29.9% | 29.0% | 5.6% | 27.8% | 10.8% |
Balance sheet
Fiscal years, from Equity Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $35M | $52M | — | — | — | — | — | — | — | — |
| Property, plant and equipment | $51M | $63M | $80M | $84M | $89M | $104M | $101M | $113M | $117M | $137M |
| Goodwill | $59M | $105M | $132M | $136M | $32M | $54M | $53M | $53M | $53M | $82M |
| Total assets | $2.2B | $3.2B | $4.1B | $3.9B | $4.0B | $5.1B | $5.0B | $5.0B | $5.3B | $6.4B |
| Total liabilities | $1.9B | $2.8B | $3.6B | $3.5B | $3.6B | $4.6B | $4.6B | $4.6B | $4.7B | $5.6B |
| Shareholders' equity | $258M | $374M | $456M | $478M | $408M | $501M | $410M | $453M | $593M | $732M |
| Net debt | -$35M | -$52M | — | — | — | — | — | — | — | — |
Cash flow
Fiscal years, from Equity Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $16M | $28M | $37M | $49M | $44M | $103M | $74M | $77M | $74M | $51M |
| Capital spending | $3M | $7M | $9M | $7M | $10M | $5M | $3M | $16M | $8M | $13M |
| Free cash flow | $13M | $21M | $28M | $42M | $34M | $98M | $71M | $61M | $65M | $38M |
| Stock-based compensation | $553,000 | $1M | $3M | $3M | $3M | $3M | $3M | $3M | $4M | $6M |
| Dividends paid | $42,000 | — | — | — | — | $1M | $6M | $7M | $8M | $11M |
| Share buybacks (net) | — | — | — | -$11M | -$19M | -$19M | -$33M | -$18M | -$12M | -$14M |
| Free cash flow margin | 20.2% | 20.5% | 19.3% | 27.6% | 21.5% | 55.6% | 35.5% | 43.6% | 29.0% | 18.1% |
| Dividends per share | $0.00 | — | — | — | — | $0.08 | $0.34 | $0.42 | $0.50 | $0.62 |
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Open EQBK in InvestinglyQuestions
What was Equity Bancshares's revenue in 2025?
$210M in fiscal 2025, from its 10-K filing.
How much free cash flow does Equity Bancshares generate?
$38M in fiscal 2025 (operating cash flow minus capital spending).
From Equity Bancshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.