Equity Bancshares, Inc. (EQBK) - Net Assets

Latest as of September 2025: $711.89 Million USD

Based on the latest financial reports, Equity Bancshares, Inc. (EQBK) has net assets worth $711.89 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.36 Billion) and total liabilities ($5.64 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Equity Bancshares, Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$711.89 Million
% of Total Assets	11.2%
Annual Growth Rate	-5.24%
5-Year Change	45.45%
10-Year Change	254.55%
Growth Volatility	37.12

Equity Bancshares, Inc. - Net Assets Trend (2012–2024)

This chart illustrates how Equity Bancshares, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Equity Bancshares, Inc. (EQBK) total assets for the complete picture of this company's asset base.

Annual Net Assets for Equity Bancshares, Inc. (2012–2024)

The table below shows the annual net assets of Equity Bancshares, Inc. from 2012 to 2024. For live valuation and market cap data, see market value of Equity Bancshares, Inc..

Year	Net Assets	Change
2024-12-31	$592.92 Million	+30.93%
2023-12-31	$452.86 Million	+10.44%
2022-12-31	$410.06 Million	-18.09%
2021-12-31	$500.63 Million	+22.81%
2020-12-31	$407.65 Million	-14.73%
2019-12-31	$478.06 Million	+4.85%
2018-12-31	$455.94 Million	+21.86%
2017-12-31	$374.14 Million	+45.04%
2016-12-31	$257.96 Million	+54.25%
2015-12-31	$167.23 Million	+42.05%
2014-12-31	$117.73 Million	-15.83%
2013-12-31	$139.87 Million	-87.64%
2012-12-31	$1.13 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Equity Bancshares, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 19492000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	$194.92 Million	32.87%
Common Stock	$230.00K	0.04%
Other Comprehensive Income	$-55.18 Million	-9.31%
Other Components	$452.95 Million	76.39%
Total Equity	$592.92 Million	100.00%

Equity Bancshares, Inc. Competitors by Market Cap

The table below lists competitors of Equity Bancshares, Inc. ranked by their market capitalization.

Company	Market Cap
Lushang Property Co Ltd SHG:600223	$974.35 Million
Manorama Industries Limited NSE:MANORAMA	$974.40 Million
Heilongjiang ZBD Pharmaceutical Co Ltd SHG:603567	$974.90 Million
Everlight Chemical Industrial Corp TW:1711	$975.03 Million
Shenzhen Jiang and Associates Creative Design Co Ltd SHE:300668	$973.96 Million
Guangdong Hongtu Technology Holdings Co Ltd SHE:002101	$973.16 Million
SmartStop Self Storage REIT, Inc. NYSE:SMA	$973.11 Million
Guangxi Liuzhou Pharm Co Ltd SHG:603368	$973.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Equity Bancshares, Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 452,860,000 to 592,918,000, a change of 140,058,000 (30.9%).
Net income of 62,621,000 contributed positively to equity growth.
Dividend payments of 7,892,000 reduced retained earnings.
Share repurchases of 11,859,000 reduced equity.
New share issuances of 86,980,000 increased equity.
Other comprehensive income increased equity by 2,739,000.
Other factors increased equity by 7,469,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	$62.62 Million	+10.56%
Dividends Paid	$7.89 Million	-1.33%
Share Repurchases	$11.86 Million	-2.0%
Share Issuances	$86.98 Million	+14.67%
Other Comprehensive Income	$2.74 Million	+0.46%
Other Changes	$7.47 Million	+1.26%
Total Change	$-	30.93%

Book Value vs Market Value Analysis

This analysis compares Equity Bancshares, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.21x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1.95x to 1.21x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	$23.56	$45.94	x
2013-12-31	$20.39	$45.94	x
2014-12-31	$17.16	$45.94	x
2015-12-31	$25.44	$45.94	x
2016-12-31	$29.45	$45.94	x
2017-12-31	$29.35	$45.94	x
2018-12-31	$29.02	$45.94	x
2019-12-31	$30.17	$45.94	x
2020-12-31	$27.00	$45.94	x
2021-12-31	$32.71	$45.94	x
2022-12-31	$24.95	$45.94	x
2023-12-31	$28.94	$45.94	x
2024-12-31	$37.83	$45.94	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Equity Bancshares, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.56%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 19.18%
• Asset Turnover: 0.06x
• Equity Multiplier: 8.99x
Recent ROE (10.56%) is above the historical average (4.85%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	2.76%	13.27%	0.02x	8.60x	$-10.00 Million
2013	5.63%	14.48%	0.05x	8.15x	$-6.11 Million
2014	7.63%	16.41%	0.05x	9.98x	$-2.79 Million
2015	6.16%	16.80%	0.04x	9.48x	$-6.42 Million
2016	3.63%	13.20%	0.03x	8.50x	$-16.42 Million
2017	5.52%	17.82%	0.04x	8.47x	$-16.77 Million
2018	7.86%	20.02%	0.04x	8.91x	$-9.77 Million
2019	5.35%	12.92%	0.05x	8.26x	$-22.23 Million
2020	-18.39%	-42.35%	0.04x	9.85x	$-115.73 Million
2021	10.48%	28.09%	0.04x	10.27x	$2.42 Million
2022	14.07%	26.19%	0.04x	12.15x	$16.68 Million
2023	1.73%	3.48%	0.04x	11.12x	$-37.47 Million
2024	10.56%	19.18%	0.06x	8.99x	$3.33 Million

Industry Comparison

This section compares Equity Bancshares, Inc.'s net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $552,557,300
Average return on equity (ROE) among peers: 11.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Equity Bancshares, Inc. (EQBK)	$711.89 Million	2.76%	7.93x	$974.10 Million
Ameris Bancorp (ABCB)	$1.46 Billion	8.31%	6.86x	$4.95 Billion
Ameris Bancorp (ABCB)	$120.94 Million	10.83%	9.48x	$5.70 Billion
ACNB Corporation (ACNB)	$74.01 Million	9.97%	11.77x	$483.21 Million
Affinity Bancshares Inc (AFBI)	$129.12 Million	4.21%	5.71x	$135.98 Million
Alerus Financial Corp (ALRS)	$153.31 Million	13.22%	8.01x	$647.19 Million
Amalgamated Bank (AMAL)	$535.82 Million	8.62%	10.16x	$1.14 Billion
Amerant Bancorp Inc. (AMTB)	$901.22 Million	12.53%	7.48x	$962.39 Million
Arrow Financial Corporation (AROW)	$72.29 Million	17.85%	12.85x	$601.02 Million
Associated Banc-Corp (ASB)	$2.02 Billion	12.80%	9.17x	$5.20 Billion
AmeriServ Financial Inc (ASRV)	$65.10 Million	11.83%	10.90x	$62.60 Million

About Equity Bancshares, Inc.

NYSE:EQBK USA Banks - Regional

Market Cap

$978.36 Million

Market Cap Rank

#9222 Global

#2448 in USA

Share Price

$45.94

Change (1 day)

+1.32%

52-Week Range

$36.56 - $49.00

All Time High

$49.21