AP NEWS

Equity Bancshares: 4Q Earnings Snapshot

January 23, 2020 GMT

WICHITA, Kan. (AP) _ Equity Bancshares Inc. (EQBK) on Thursday reported fourth-quarter profit of $10 million.

The Wichita, Kansas-based bank said it had earnings of 64 cents per share. Earnings, adjusted for one-time gains and costs, came to 68 cents per share.

The bank holding company posted revenue of $49.6 million in the period. Its revenue net of interest expense was $39 million, beating Street forecasts.

For the year, the company reported profit of $25.6 million, or $1.61 per share. Revenue was reported as $150.8 million.

Equity Bancshares shares have decreased 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.39, a drop of 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EQBK at https://www.zacks.com/ap/EQBK