Equity Bancshares Inc. (EQBK) Stock Rating Upgraded by Keefe, Bruyette & Woods

Equity Bancshares Inc. (NASDAQ:EQBK) was upgraded by investment analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research note issued on Thursday.

Shares of Equity Bancshares (NASDAQ:EQBK) traded down 0.04% during midday trading on Thursday, hitting $22.74. 4,507 shares of the stock were exchanged. The firm has a market cap of $186.90 million and a PE ratio of 15.06. The firm’s 50-day moving average is $22.32 and its 200 day moving average is $21.77. Equity Bancshares has a 52-week low of $16.00 and a 52-week high of $24.93.

Equity Bancshares (NASDAQ:EQBK) last released its earnings results on Thursday, July 21st. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.04. On average, analysts forecast that Equity Bancshares will post $1.52 earnings per share for the current year.

Equity Bancshares, Inc is a bank holding company. The Company is primarily engaged in providing a range of banking, mortgage banking, and financial services to individual and corporate customers in Kansas and Missouri. The Company’s banking subsidiary, Equity Bank (the Bank), provides a range of financial services to businesses and business owners, as well as individuals.