Equity Bancshares (EQBK) Revenue & Revenue Breakdown


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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

DateRevenueChange
2023-12-31$168.08M-13.76%
2022-12-31$194.89M13.39%
2021-12-31$171.88M11.52%
2020-12-31$154.13M3.94%
2019-12-31$148.29M4.31%
2018-12-31$142.16M42.85%
2017-12-31$99.52M61.05%
2016-12-31$61.79M12.36%
2015-12-31$54.99M9.70%
2014-12-31$50.13M2.81%
2013-12-31$48.76M69.66%
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

DateRevenueChange
2024-06-30$84.01M17.06%
2024-03-31$71.77M-1674.87%
2023-12-31$-4.56M-109.28%
2023-09-30$49.10M7.39%
2023-06-30$45.72M-3.86%
2023-03-31$47.56M-3.27%
2022-12-31$49.17M-2.04%
2022-09-30$50.19M4.74%
2022-06-30$47.91M0.61%
2022-03-31$47.63M4.46%
2021-12-31$45.59M-1.06%
2021-09-30$46.08M8.75%
2021-06-30$42.37M11.98%
2021-03-31$37.84M-8.45%
2020-12-31$41.33M8.63%
2020-09-30$38.05M0.10%
2020-06-30$38.01M3.43%
2020-03-31$36.75M-4.15%
2019-12-31$38.34M2.31%
2019-09-30$37.47M0.89%
2019-06-30$37.14M5.12%
2019-03-31$35.33M-7.55%
2018-12-31$38.22M1.91%
2018-09-30$37.51M7.04%
2018-06-30$35.04M11.58%
2018-03-31$31.40M11.71%
2017-12-31$28.11M17.52%
2017-09-30$23.92M-2.95%
2017-06-30$24.65M7.89%
2017-03-31$22.84M26.33%
2016-12-31$18.08M25.95%
2016-09-30$14.36M-0.84%
2016-06-30$14.48M-5.77%
2016-03-31$15.36M3.53%
2015-12-31$14.84M10.01%
2015-09-30$13.49M0.70%
2015-06-30$13.40M0.19%
2015-03-31$13.37M6.39%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Sep 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

CountryDec 22Dec 21Dec 20Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
BRKLBrookline Bancorp$609.22M$161.75M
CFBCrossFirst Bankshares$455.32M$128.69M
KRNYKearny Financial$326.88M$86.29M
HFWAHeritage Financial$303.13M$81.83M
LBCLuther Burbank$178.91M$20.59M
HBCPHome Bancorp$178.87M$49.13M
EQBKEquity Bancshares$168.08M$84.01M
ISTRInvestar$141.13M$38.54M
CFBKCF Bankshares$112.31M$29.99M
FNWDFinward Bancorp$96.53M$24.70M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$84.15M
HMNFHMN Financial$43.48M$14.79M
FVCBFVCBankcorp$42.14M$28.84M
HVBCHV Bancorp$25.74M$6.58M
HFBLHome Federal Bancorp, Inc. of Louisiana$23.45M$8.40M

EQBK Revenue FAQ


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.

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).

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%.

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

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.