Equity Bancshares (EQBK) Revenue & Revenue Breakdown
Equity Bancshares Revenue Highlights
Latest Revenue (Y)
$168.08M
Latest Revenue (Q)
$84.01M
Main Segment (Y)
Debit Card
Main Geography (Y)
Mortgage Banking
Equity Bancshares Revenue by Period
Equity Bancshares Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $168.08M | -13.76% |
| 2022-12-31 | $194.89M | 13.39% |
| 2021-12-31 | $171.88M | 11.52% |
| 2020-12-31 | $154.13M | 3.94% |
| 2019-12-31 | $148.29M | 4.31% |
| 2018-12-31 | $142.16M | 42.85% |
| 2017-12-31 | $99.52M | 61.05% |
| 2016-12-31 | $61.79M | 12.36% |
| 2015-12-31 | $54.99M | 9.70% |
| 2014-12-31 | $50.13M | 2.81% |
| 2013-12-31 | $48.76M | 69.66% |
| 2012-12-31 | $28.74M | - |
Equity Bancshares generated $168.08M in revenue during NA 2023, up -13.76% compared to the previous quarter, and up 118.23% compared to the same period a year ago.
Equity Bancshares Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $84.01M | 17.06% |
| 2024-03-31 | $71.77M | -1674.87% |
| 2023-12-31 | $-4.56M | -109.28% |
| 2023-09-30 | $49.10M | 7.39% |
| 2023-06-30 | $45.72M | -3.86% |
| 2023-03-31 | $47.56M | -3.27% |
| 2022-12-31 | $49.17M | -2.04% |
| 2022-09-30 | $50.19M | 4.74% |
| 2022-06-30 | $47.91M | 0.61% |
| 2022-03-31 | $47.63M | 4.46% |
| 2021-12-31 | $45.59M | -1.06% |
| 2021-09-30 | $46.08M | 8.75% |
| 2021-06-30 | $42.37M | 11.98% |
| 2021-03-31 | $37.84M | -8.45% |
| 2020-12-31 | $41.33M | 8.63% |
| 2020-09-30 | $38.05M | 0.10% |
| 2020-06-30 | $38.01M | 3.43% |
| 2020-03-31 | $36.75M | -4.15% |
| 2019-12-31 | $38.34M | 2.31% |
| 2019-09-30 | $37.47M | 0.89% |
| 2019-06-30 | $37.14M | 5.12% |
| 2019-03-31 | $35.33M | -7.55% |
| 2018-12-31 | $38.22M | 1.91% |
| 2018-09-30 | $37.51M | 7.04% |
| 2018-06-30 | $35.04M | 11.58% |
| 2018-03-31 | $31.40M | 11.71% |
| 2017-12-31 | $28.11M | 17.52% |
| 2017-09-30 | $23.92M | -2.95% |
| 2017-06-30 | $24.65M | 7.89% |
| 2017-03-31 | $22.84M | 26.33% |
| 2016-12-31 | $18.08M | 25.95% |
| 2016-09-30 | $14.36M | -0.84% |
| 2016-06-30 | $14.48M | -5.77% |
| 2016-03-31 | $15.36M | 3.53% |
| 2015-12-31 | $14.84M | 10.01% |
| 2015-09-30 | $13.49M | 0.70% |
| 2015-06-30 | $13.40M | 0.19% |
| 2015-03-31 | $13.37M | 6.39% |
| 2014-12-31 | $12.57M | -3.34% |
| 2014-09-30 | $13.00M | - |
Equity Bancshares generated $84.01M in revenue during Q2 2024, up 17.06% compared to the previous quarter, and up 176.66% compared to the same period a year ago.
Equity Bancshares Revenue Breakdown
Equity Bancshares Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Financial Service | $10.19M | - | - | - | - |
| Mortgage Banking | $652.00K | $1.42M | $3.31M | $3.15M | $2.47M |
| Debit Card | $10.32M | - | - | - | - |
Equity Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit Card (48.78%), Financial Service (48.14%), and Mortgage Banking (3.08%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage Banking | $188.00K | $125.00K | $226.00K | $213.00K | $88.00K | $116.00K | $310.00K | $428.00K | $562.00K | $722.00K | $801.00K | $848.00K | $935.00K | $877.00K | $831.00K | $590.00K | $820.00K |
| Debit Card | $2.45M | $7.73M | $2.59M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Service | $2.57M | $7.50M | $2.69M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Financial Service (49.37%), Debit Card (47.02%), and Mortgage Banking (3.61%).
Equity Bancshares Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Mortgage Banking | $1.42M | $3.31M | $3.15M | $2.47M |
Equity Bancshares's latest annual revenue breakdown by geography, as of Dec 22: Mortgage Banking (100.00%).
Equity Bancshares Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BRKL | Brookline Bancorp | $609.22M | $161.75M |
| CFB | CrossFirst Bankshares | $455.32M | $134.39M |
| KRNY | Kearny Financial | $326.88M | $86.29M |
| HFWA | Heritage Financial | $303.13M | $81.83M |
| LBC | Luther Burbank | $178.91M | $20.59M |
| HBCP | Home Bancorp | $178.87M | $51.02M |
| EQBK | Equity Bancshares | $168.08M | $84.01M |
| ISTR | Investar | $141.13M | $38.54M |
| CFBK | CF Bankshares | $112.31M | $29.99M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| FVCB | FVCBankcorp | $42.14M | $28.84M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $33.45M | $8.40M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
EQBK Revenue FAQ
What is Equity Bancshares’s yearly revenue?
Equity Bancshares's yearly revenue for 2023 was $168.08M, representing a decrease of -13.76% compared to 2022. The company's yearly revenue for 2022 was $194.89M, representing an increase of 13.39% compared to 2021. EQBK's yearly revenue for 2021 was $171.88M, representing an increase of 11.52% compared to 2020.
What is Equity Bancshares’s quarterly revenue?
Equity Bancshares's quarterly revenue for Q2 2024 was $84.01M, a 17.06% increase from the previous quarter (Q1 2024), and a 83.76% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $71.77M, a -1674.87% decrease from the previous quarter (Q4 2023), and a 50.91% increase year-over-year (Q1 2023). EQBK's quarterly revenue for Q4 2023 was $-4.557M, a -109.28% decrease from the previous quarter (Q3 2023), and a -109.27% decrease year-over-year (Q4 2022).
What is Equity Bancshares’s revenue growth rate?
Equity Bancshares's revenue growth rate for the last 3 years (2021-2023) was -2.21%, and for the last 5 years (2019-2023) was 13.35%.
What are Equity Bancshares’s revenue streams?
Equity Bancshares's revenue streams in c 23 are Financial Service, Mortgage Banking, and Debit Card. Financial Service generated $10.19M in revenue, accounting 48.14% of the company's total revenue Mortgage Banking generated $652K in revenue, accounting 3.08% of the company's total revenue, down -53.95% year-over-year. Debit Card generated $10.32M in revenue, accounting 48.78% of the company's total revenue
What is Equity Bancshares’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Equity Bancshares was Debit Card. This segment made a revenue of $10.32M, representing 48.78% of the company's total revenue.