Equity Bancshares GAAP EPS of $0.86 misses by $0.03, revenue of $58.39M misses by $2.07M

Equity Bancshares reported a second-quarter GAAP earnings per share of $0.86, which was $0.03 below expectations.

The company's revenue for the quarter was $58.39 million, exhibiting a year-over-year growth of 5.3%, although it fell short of projections by $2.07 million.

Overall, the recommendation rating for Equity Bancshares is labeled as "Moderate Concern" due to these mixed results.

Recommendation Rating: Moderate Concern

Equity Bancshares (NYSE: EQBK) has announced its second-quarter results, reporting a GAAP earnings per share (EPS) of $0.86, which falls short of expectations by $0.03. Additionally, the company's revenue stands at $58.39 million, reflecting a year-over-year growth of 5.3%, but it also missed projections by $2.07 million.