Equity Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 23, 2019 at 04:58 pm EST
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Equity Bancshares, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 33.336 million compared to USD 24.589 million a year ago. Net income was USD 9.925 million compared to USD 4.274 million a year ago. Basic earnings per share was USD 0.63 compared to USD 0.32 a year ago. Diluted earnings per share was USD 0.62 compared to USD 0.31 a year ago. For the full year, net interest income was USD 124.798 million compared to USD 86.002 million a year ago. Net income was USD 35.825 million compared to USD 20.649 million a year ago. Basic earnings per share was USD 2.33 compared to USD 1.66 a year ago. Diluted earnings per share was USD 2.28 compared to USD 1.62 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.