Equity Bancshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 16, 2024 at 04:45 pm
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Equity Bancshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 46.48 million compared to USD 39.43 million a year ago. Net income was USD 11.72 million compared to USD 11.46 million a year ago. Basic earnings per share from continuing operations was USD 0.77 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.74 a year ago.
For the six months, net interest income was USD 90.66 million compared to USD 78.54 million a year ago. Net income was USD 25.78 million compared to USD 23.78 million a year ago. Basic earnings per share from continuing operations was USD 1.68 compared to USD 1.52 a year ago. Diluted earnings per share from continuing operations was USD 1.66 compared to USD 1.51 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 74 locations in Kansas, Missouri, Arkansas, and Oklahoma. The Bankâs operations involve the delivery of loan and deposit products to its customers. The Bank offers commercial loans, consumer banking, mortgage loans, trust and wealth management services, treasury management service and other 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. In addition, the Company offers commercial treasury management services, wire transfer, automated clearing house (ACH) origination and stop payments.