Equity Bancshares reports higher Q2 FY26 profit and EPS
Equity Bancshares posted Q2 net income of $26.4 million, swinging from $17 million in Q1, with diluted EPS rising to $1.27 from $0.80.
Net interest margin widened 3 basis points to 4.36%, while net interest income was effectively flat at $73.9 million.
Noninterest income fell to $8.1 million from $9.5 million, hit by a $2.2 million write-down of a fund investment.
Provision for credit losses turned to $1.3 million from a $0.1 million release, while nonperforming assets ticked up to 0.86% of total assets from 0.76%.
Equity forecast a 4.25%-4.35% net interest margin for the rest of 2026, with average deposits of $6.25-$6.35 billion and average gross loans of $5.4-$5.5 billion.