Damon Del Monte

Andrew Liesch

Jeff Rulis

Terence McEvoy

Brett Rabatin

Ryan Payne

Terry McEvoy

- Equity Bancshares Inc. reported a **net loss of $29.7 million**, or **$1.57 per diluted share**, for Q3 2025.  **[0001227500_2185832_2]**  After adjusting for a **$53.4 million loss** from a bond portfolio repositioning, M&A costs, and CECL provisioning, **adjusted net income was $22.4 million**, or **$1.17 per diluted share**.  **[0001227500_2185832_2]** 
- The company completed its merger with **NBC Oklahoma** on July 2nd, adding **$665 million in loans** and **$808 million in deposits**.  **[0001227500_2185832_1]** **[0001227500_2185832_4]**  Additionally, a definitive merger agreement with **Frontier Holdings** was announced in September, which will extend Equity Bank's footprint into Nebraska.  **[0001227500_2185832_1]** 
- Net interest income for Q3 2025 was **$62.5 million**, an increase of **$12.7 million** linked quarter, with the margin improving by **28 basis points to 4.45%**.  **[0001227500_2185832_2]** 
- Loan production in Q3 2025 was **$243 million**, up **23%** linked quarter, and organic deposit growth was approximately **$37 million**.  **[0001227500_2185832_4]** 
- Management is positioning the company to earn **$5 per share in 2026**.  **[0001227500_2185832_4]**

Equity Bancshares Inc. Reports Q3 2025 Net Loss Amidst Strategic Mergers and Bond Repositioning

- Equity Bancshares, Inc. reported a **net loss of $(29.7) million** and **diluted EPS of $(1.55)** for Q3 2025, alongside a **Core Net Income of $23.3 million** and **Core EPS of $1.21**.  **[0001227500_2184355:10]** **[0001227500_2184355:23]** 
- The company completed its merger with **NBC Oklahoma on July 2, 2025**, and announced a merger with **Frontier Bank on September 2, 2025**, contributing to **total assets of $6.4 billion**, **loans of $4.3 billion**, and **deposits of $5.1 billion** in Q3 2025.  **[0001227500_2184355:7]** **[0001227500_2184355:10]** 
- Equity Bancshares' **Net Interest Margin expanded to 4.45%** in Q3 2025 from 4.17% in Q2 2025, and the **Efficiency Ratio improved to 58.31%** from 63.62% over the same period.  **[0001227500_2184355:10]** **[0001227500_2184355:11]** **[0001227500_2184355:12]** **[0001227500_2184355:13]**

Equity Bancshares, Inc. Announces Q3 2025 Financial Results and Merger Updates

- Equity Bancshares, Inc. reported a **net loss of $29.7 million** or **$(1.55) per diluted share** for the quarter ended September 30, 2025. After adjustments for merger expenses, bond portfolio repositioning losses, and double-count provisioning, the adjusted net income was **$22.5 million**, or **$1.17 per diluted share**.  **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:0]** 
- The company completed its merger with **NBC Oklahoma**, which contributed **$664.6 million** in loan balances and **$807.1 million** in deposit balances. Additionally, Equity Bancshares announced a definitive agreement to acquire **Frontier Holdings LLC**, expected to add **$1.3 billion** in loans and **$1.1 billion** in deposits.  **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:0]** **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:1]** 
- Net interest margin expanded to **4.45%** in Q3 2025, an increase of **28 basis points** linked quarter. Total assets grew to **$6.4 billion**, loan balances reached **$4.3 billion**, and deposit balances increased to **$5.1 billion** by the end of the quarter.  **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:0]** **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:2]** 
- The company announced a **$0.18 dividend** on outstanding common shares, representing a **20% increase** from the prior quarterly dividend, and renewed its share repurchase program.  **[1227500_0001193125-25-239067_eqbk-ex99_1.htm:0]**

Equity Bancshares, Inc. Reports Q3 2025 Results, Merger Activity, and Dividend Increase

- Equity Bancshares, Inc. reported a **net loss of $29.7 million**, or **$(1.55) per diluted share**, for the quarter ended September 30, 2025, though **adjusted net income was $22.5 million**, or **$1.17 per diluted share**.  **[1227500_1770801b2cd3499b8ca73f1095688c91_0]** **[1227500_1770801b2cd3499b8ca73f1095688c91_2]** 
- The company completed its merger with NBC Oklahoma, adding **$664.6 million in loan balances** and **$807.1 million in deposit balances**, contributing to a **$982.4 million increase** in total assets to **$6.4 billion** at quarter-end.  **[1227500_1770801b2cd3499b8ca73f1095688c91_1]** **[1227500_1770801b2cd3499b8ca73f1095688c91_3]** 
- Net interest margin expanded by **28 basis points** linked quarter to **4.45%** for the third quarter of 2025.  **[1227500_1770801b2cd3499b8ca73f1095688c91_1]** 
- Equity Bancshares sold **$436.3 million in securities**, realizing a pre-tax loss of **$53.4 million**, to re-deploy proceeds at a higher yield.  **[1227500_1770801b2cd3499b8ca73f1095688c91_1]** **[1227500_1770801b2cd3499b8ca73f1095688c91_3]** 
- The company announced a **$0.18 dividend** on outstanding common shares, representing a **20% increase**, and renewed its share repurchase program.  **[1227500_1770801b2cd3499b8ca73f1095688c91_1]**

Equity Bancshares Reports Q3 2025 Net Loss, Announces Acquisitions, and Expands Net Interest Margin

- Equity Bancshares, Inc. (EQBK) has entered into a definitive merger agreement to acquire **Frontier Holdings, LLC**, the parent company of Frontier Bank, marking Equity's entrance into Nebraska with **seven new locations**.  **[1227500_0001193125-25-193355_d81587dex991.htm:0]** **[1227500_0001193125-25-193355_d81587dex992.htm:0]**  The merger is expected to close in the **fourth quarter of 2025**.  **[1227500_0001193125-25-193355_d81587dex991.htm:0]** **[1227500_0001193125-25-193355_d81587dex992.htm:0]** **[1227500_0001193125-25-193355_d81587dex993.htm:2]** 
- The acquisition is projected to be approximately **7.7%** or **$0.34** accretive to Equity's 2026 earnings per share and **9.8%** accretive to 2027E EPS, excluding one-time transaction expenses.  **[1227500_0001193125-25-193355_d81587dex991.htm:0]** **[1227500_0001193125-25-193355_d81587dex993.htm:1]** 
- The estimated tangible book value per share dilution from the acquisition is expected to be earned back in **2.8 years**.  **[1227500_0001193125-25-193355_d81587dex993.htm:1]**  Following the merger, Equity's proforma consolidated assets are expected to reach **$7.9 billion**.  **[1227500_0001193125-25-193355_d81587dex991.htm:0]** **[1227500_0001193125-25-193355_d81587dex992.htm:0]** **[1227500_0001193125-25-193355_d81587dex993.htm:1]** 
- Additionally, Equity announced a bond portfolio repositioning involving the sale of approximately **$358.8 million** in investment securities, resulting in an estimated after-tax loss of **$31.6 million** but anticipated to contribute **$0.27** in EPS accretion in 2026.  **[1227500_0001193125-25-193355_d81587dex991.htm:1]**

EQUITY BANCSHARES (EQBK)