Equity Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 23, 2020 at 04:30 pm EST
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Equity Bancshares, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 32.405 million compared to USD 33.336 million a year ago. Net income was USD 10.014 million compared to USD 9.925 million a year ago. Basic earnings per share was USD 0.65 compared to USD 0.63 a year ago. Diluted earnings per share was USD 0.64 compared to USD 0.62 a year ago. For the full year, net interest income was USD 125.858 million compared to USD 124.798 million a year ago. Net income was USD 25.579 million compared to USD 35.825 million a year ago. Basic earnings per share was USD 1.64 compared to USD 2.33 a year ago. Diluted earnings per share was USD 1.61 compared to USD 2.28 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.