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Equity Bancshares (EQBK) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Equity Bancshares (EQBK) Q3 2026 earnings results →

Q3 2026 Revenue up 365% year over year to $83.7M · 32¢ of every $1 of revenue kept as net profit · operating margin 40.6%

Equity Bancshares made $83.7M in Q3 2026 (+365% Y/Y): Net interest income $72.8M, Noninterest income $10.9M. Operating margin 40.6%, net earnings $26.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.

Revenue$83.7M
Year over year+365%
Operating margin40.6%
Net earnings$26.8M
Operating cash flow$17.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $83.7M in Q3 2026, up 365% year over year and up 2% from the previous quarter. Net interest income was the largest line at 87% of revenue. Noninterest income added $55.4M year over year, 84% of the total change.

Operating profit was $34.0M, a 40.6% margin (up 247.7 points year over year). Total costs fell 10% while revenue rose 365%. Net earnings were $26.8M. The effective tax rate was 21.2%.

Operating cash flow was $17.3M (up 104% year over year), 64% of net earnings. Non-cash charges added back $1.8M of depreciation and amortization and $480K of share-based compensation. Working capital and other items used $11.8M. Capital expenditures of $7.3M left free cash flow of $9.9M.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 6, 2026$83.7M+365%40.6%$26.8M$17.3M

Charts

Equity Bancshares: where the cash came from (+) and went (−), TTM to Q3 2026Equity Bancshares: where the cash came from (+) and went (−), TTM to Q3 2026Cash drawn (+) / kept (−)$361MOther investing−$183MOther financing−$173MOperating cash flow$64.4MBuybacks−$39.8MCapital spending−$19.9MDividends−$14.4MAsset & business sales$4.0MShares issued$1.1M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Equity Bancshares: profit against cash, quarter by quarterEquity Bancshares: profit against cash, quarter by quarterNet incomeOperating cash flow$17.0M$21.7MQ4 2024$15.0M$21.7MQ1 2025$15.3M$28.3MQ2 2025−$29.7M$8.5MQ3 2025$22.1M−$7.1MQ4 2025$17.0M$15.3MQ1 2026$26.4M$38.8MQ2 2026$26.8M$17.3MQ3 2026
Latest (Q3 2026): Net income $26.8M, Operating cash flow $17.3M.
Equity Bancshares: diluted shares by fiscal yearEquity Bancshares: diluted shares by fiscal year15MFY202015MFY202116MFY202216MFY202316MFY202418MFY2025
+22.2% since FY2020: more shares outstanding (issuance, stock pay).
Equity Bancshares in its industry: growth against margin (133 companies, SIC 6022)Equity Bancshares in its industry: growth against margin (133 companies, SIC 6022)revenue growth, year over year →↑ operating marginmedian +9%median 40%BNYSTTFITBMTBFCNCAALLYCFGNTRSWALBPOPEWBCWTFCCOLBSSBCBSHASBHWCAUBGBCIUBSIABCBHTHHOMBUCBRNSTFBPCATYFIBKCUBIFHBIBOCMBINSBCFBOHCVBFBUSEEFSCOFGLOBFBKFFINSFBSMCHBCCBFBNCGABCBYSYBTPEBOTCBKOBKSTBAFMBHRBCAACNOBAMALMCBQCRHOSBCFMNBBFSTUVSPTMPCCNEMSBIHBTCTBICPFTHFFMPBSBSIMBWMLKFNIBCPEGBNSPFIWASHCCBGCOFSCWBCHBIAACNBGSBCFSBCTRSTCIVBFCBCMCBSFBIZINBKBWBCBANMVBFBSRRCZNCCFFIRBBISTRUNTYBWFGBMRCRRBIPCBFCBMCHMGCZFSNWFLWTBAMYFWAVBHOPBKUSCBFCCOEBMTCOSOFXNCPKBKISBAPEBKBPRNBRBSHNVRMNSBFVCBCCFNSBFGJMSBBOTJNWPPFUSBAUBNJUVFEQBK (+300%, 41%)
State Commercial Banks; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Equity Bancshares

Equity Bancshares, Inc. is a Wichita-based bank holding company. Equity Bank serves customers in Kansas, Missouri, Oklahoma, Arkansas, Nebraska, and Iowa, with total assets of $7.7 billion as of June 30, 2026. More information is available at equitybank.com.

In its own words, from its 8-K, filed Jul 14, 2026.

Equity Bancshares against its State Commercial Banks peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +365% against the peers' median +12%. Operating margin: 40.6% against the peers' median 34.7%.

CompanyQuarterRevenueY/YOp. margin
EQBK Equity BancsharesQ3 2026$83.7M+365%40.6%
BNY Bank of New York MellonQ3 2026$5.7B+12%38.5%
STT State StreetQ3 2026$4.0B+13%34.7%
FITB Fifth Third BancorpQ3 2026$3.3B+42%33.8%
MTB M&T BankQ3 2026$2.5B+0.9%39.7%
FCNCA First Citizens BancsharesQ3 2026$2.4B0%33.1%
ALLY Ally FinancialQ3 2026$2.3B+8%24.3%
CFG Citizens Financial GroupQ3 2026$2.3B+10%34.6%
NTRS Northern TrustQ3 2026$2.3B+13%34.7%

Source: Equity Bancshares 10-Q on SEC EDGAR · CIK 1227500 · State Commercial Banks

Guidance and outlook

Equity Bancshares: what its forward-looking statements are about (10-Q filed 2026-11-06)Equity Bancshares: what its forward-looking statements are about (10-Q filed 2026-11-06)Other4The economy2Tax1
7 statements; tone -0.57 (−1 all cautious, +1 all confident); 3 hedged.
Equity Bancshares: outlook statements against the filing beforeEquity Bancshares: outlook statements against the filing beforeConfident1Cautious5

13F: who owns EQBK and who is buying

Largest holders of EQBK (13F)Largest holders of EQBK (13F)T. Rowe Price Investment Manageme…$116MBlackRock$74.9MPatriot Financial Partners GP, LP$49.7MPatriot Financial Partners GP II,…$48.0MFJ Capital Management LLC$47.1MVanguard Group$42.5MDimensional Fund Advisors LP$37.7MVanguard Capital Management LLC$37.2MState Street$29.2MGeode Capital Management, LLC$21.0M
Funds' net buying of EQBK by quarter (13F)Funds' net buying of EQBK by quarter (13F)$10.5M2024-09$37.2M2024-12$10.6M2025-03$9.5M2025-06$5.4M2025-09$13.1M2025-12−$1.5M2026-03$14.5M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on EQBK

History

Every quarter: Q3 2026 results

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