1 min read
Add as a preferred source on Google

Equity Bancshares Posts $1.40 Non-GAAP EPS, Beating Estimates

Revenue reached $83.74 million, up 365.0% year over year but $6.98 million below estimates. Loans rose $39.2 million to $5.4 billion.

A sealed loan folder rests on a brass balance scale / TokenPost.ai
A sealed loan folder rests on a brass balance scale / TokenPost.ai

Equity Bancshares posted third-quarter non-GAAP earnings per share of $1.40, topping estimates by 14 cents, while revenue missed forecasts despite rising 365.0% from a year earlier.

Revenue totaled $83.74 million, $6.98 million below estimates. Loans ended the period at $5.4 billion, an increase of $39.2 million at a 2.9% annualized rate.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…