Equity Bancshares, Inc. (EQBK) To Go Ex-Dividend on March 31st

Equity Bancshares, Inc. (NYSE:EQBK) announced a quarterly dividend on Wednesday, February 18th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.18 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, March 31st.

Equity Bancshares has a payout ratio of 16.3% indicating that its dividend is sufficiently covered by earnings.

Equity Bancshares Trading Down 0.3%

Shares of Equity Bancshares stock opened at $43.74 on Friday. The company’s fifty day simple moving average is $45.50 and its 200-day simple moving average is $43.87. Equity Bancshares has a 1 year low of $34.11 and a 1 year high of $50.07. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.54. The company has a market cap of $918.08 million, a price-to-earnings ratio of 33.39 and a beta of 0.86.

Institutional Trading of Equity Bancshares

A number of large investors have recently added to or reduced their stakes in EQBK. State of Alaska Department of Revenue bought a new position in shares of Equity Bancshares in the 3rd quarter valued at about $28,000. Osaic Holdings Inc. raised its holdings in shares of Equity Bancshares by 282.0% in the 2nd quarter. Osaic Holdings Inc. now owns 680 shares of the company’s stock valued at $28,000 after purchasing an additional 502 shares during the period. Royal Bank of Canada lifted its stake in Equity Bancshares by 132.0% in the 4th quarter. Royal Bank of Canada now owns 972 shares of the company’s stock valued at $44,000 after purchasing an additional 553 shares during the last quarter. State of Wyoming bought a new position in Equity Bancshares during the second quarter worth about $59,000. Finally, Tower Research Capital LLC TRC grew its holdings in Equity Bancshares by 233.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,925 shares of the company’s stock worth $79,000 after purchasing an additional 1,347 shares during the period. Institutional investors and hedge funds own 71.80% of the company’s stock.

About Equity Bancshares

Equity Bancshares, Inc is the bank holding company for Equity Bank, a regional financial services provider headquartered in Wichita, Kansas. As a publicly traded company on the New York Stock Exchange under the ticker EQBK, Equity Bancshares operates a network of branches and lending offices across Kansas, Missouri, Oklahoma, Illinois and Colorado. Its geographic footprint spans both urban and rural markets, reflecting a focus on supporting small businesses, agricultural enterprises and individual consumers throughout the Midwest.

The company’s core business activities encompass a full spectrum of commercial and consumer banking services.