Equity Bancshares, Inc. (NYSE:EQBK) Declares Quarterly Dividend of $0.18

Equity Bancshares, Inc. (NYSE:EQBKGet Free Report) declared a quarterly dividend on Wednesday, May 20th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.18 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, June 30th.

Equity Bancshares has a dividend payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Equity Bancshares to earn $5.27 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 13.7%.

Equity Bancshares Trading Up 0.2%

EQBK stock traded up $0.08 during trading on Friday, reaching $45.84. The company had a trading volume of 13,449 shares, compared to its average volume of 105,736. The business has a 50 day moving average of $44.92 and a 200 day moving average of $45.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $946.03 million, a P/E ratio of 36.38 and a beta of 0.78. Equity Bancshares has a 52 week low of $36.04 and a 52 week high of $50.07.

Equity Bancshares (NYSE:EQBKGet Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.17. Equity Bancshares had a return on equity of 12.85% and a net margin of 6.15%.The business had revenue of $83.26 million during the quarter, compared to the consensus estimate of $85.24 million. As a group, sell-side analysts forecast that Equity Bancshares will post 5.06 earnings per share for the current fiscal year.

Equity Bancshares Company Profile

(Get Free Report)

Equity Bancshares, Inc is the bank holding company for Equity Bank, a regional financial services provider headquartered in Wichita, Kansas. As a publicly traded company on the New York Stock Exchange under the ticker EQBK, Equity Bancshares operates a network of branches and lending offices across Kansas, Missouri, Oklahoma, Illinois and Colorado. Its geographic footprint spans both urban and rural markets, reflecting a focus on supporting small businesses, agricultural enterprises and individual consumers throughout the Midwest.

The company’s core business activities encompass a full spectrum of commercial and consumer banking services.

Further Reading

Dividend History for Equity Bancshares (NYSE:EQBK)

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