Form 8-K

8-K — EQUITY BANCSHARES INC

Accession: 0001193125-26-303176

Filed: 2026-07-14

Period: 2026-07-14

CIK: 0001227500

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — eqbk-20260714.htm (Primary)

EX-99.1 (eqbk-ex99_1.htm)

EX-99.2 (eqbk-ex99_2.htm)

GRAPHIC (eqbk-ex99_2s1.jpg)

GRAPHIC (eqbk-ex99_2s2.jpg)

GRAPHIC (eqbk-ex99_2s3.jpg)

GRAPHIC (eqbk-ex99_2s4.jpg)

GRAPHIC (eqbk-ex99_2s5.jpg)

GRAPHIC (eqbk-ex99_2s6.jpg)

GRAPHIC (eqbk-ex99_2s7.jpg)

GRAPHIC (eqbk-ex99_2s8.jpg)

GRAPHIC (eqbk-ex99_2s9.jpg)

GRAPHIC (eqbk-ex99_2s10.jpg)

GRAPHIC (eqbk-ex99_2s11.jpg)

GRAPHIC (eqbk-ex99_2s12.jpg)

GRAPHIC (eqbk-ex99_2s13.jpg)

GRAPHIC (eqbk-ex99_2s14.jpg)

GRAPHIC (eqbk-ex99_2s15.jpg)

GRAPHIC (eqbk-ex99_2s16.jpg)

GRAPHIC (eqbk-ex99_2s17.jpg)

GRAPHIC (eqbk-ex99_2s18.jpg)

GRAPHIC (eqbk-ex99_2s19.jpg)

GRAPHIC (eqbk-ex99_2s20.jpg)

GRAPHIC (eqbk-ex99_2s21.jpg)

GRAPHIC (eqbk-ex99_2s22.jpg)

GRAPHIC (eqbk-ex99_2s23.jpg)

GRAPHIC (eqbk-ex99_2s24.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: eqbk-20260714.htm · Sequence: 1

8-K

false000122750000012275002026-07-142026-07-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 14, 2026

EQUITY BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Kansas

001-37624

72-1532188

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

7701 East Kellogg Drive, Suite 300

Wichita, KS

67207

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: 316.612.6000

Former name or former address, if changed since last report: Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Class A, Common Stock, par value $0.01 per share

Trading Symbol

EQBK

Name of each exchange on which registered

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

1

Item 2.02 Results of Operations and Financial Condition.

On July 14, 2026, Equity Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 and is incorporated by reference herein.

The information in this Item 2.02, including Exhibit 99.1, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, unless specifically identified therein as being incorporated therein by reference.

Item 7.01 Regulation FD Disclosure.

The Company intends to hold an investor call and webcast to discuss its financial results for the second quarter ended June 30, 2026, on Wednesday, July 15, 2026, at 9:00 a.m. Central Time. The Company’s presentation to analysts and investors contains additional information about the Company’s financial results for the second quarter ended June 30, 2026, and is furnished as Exhibit 99.2 and is incorporated by reference herein.

The information in this Item 7.01, including Exhibit 99.2, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, unless specifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Earnings Press Release, Dated July 14, 2026

99.2

Investor Presentation

104

Cover Page Interactive Data File

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Equity Bancshares, Inc.

Date: July 14, 2026

By: /s/ Chris M. Navratil

Chris M. Navratil

Executive Vice President and Chief Financial Officer

2

EX-99.1

EX-99.1

Filename: eqbk-ex99_1.htm · Sequence: 2

EX-99.1

Equity Bancshares, Inc. Exhibit 99.1

PRESS RELEASE

Equity Bancshares, Inc. Second Quarter Results Highlighted by Strong Earnings Momentum and Margin Expansion

EPS of $1.27 and Core EPS of $1.41 Reflects Franchise Earning Power

WICHITA, Kansas, July 14, 2026 (BUSINESSWIRE) – Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “the Company,” “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $26.4 million or $1.27 per diluted share for the quarter ended June 30, 2026. Core earnings per diluted share for the quarter was $1.41.

“This quarter demonstrates what we wanted to accomplish when we entered into and then closed the Frontier transaction on January 1. It has driven growth in both earnings and efficiency. Our ROATCE was 16.6% and our efficiency ratio was 53.4% both improving meaningfully. We have built the franchise to compete and continuously drive improving performance," said Brad S. Elliott, Chairman and CEO of Equity Bancshares.”

“The core conversion is complete, the integration work is largely behind us, and our team is focused on what we do best: growing relationships, serving customers, and producing results. The second half of 2026 is about execution and organic growth, and Rick Sems has done a great job working with the entire team, both old and new, to position them to have the ability to grow organically," Mr. Elliott continued.

Notable Items:

•

Net interest income was $73.8 million, up modestly quarter over quarter and 48.3% year over year. Margin expanded in the period from 4.33% to 4.36%. Loan purchase accounting accretion was $2.9 million in the quarter.

•

Efficiency ratio for the period improved to 53.4% from 56.7% in the previous period. As compared to the same period in 2025, the ratio improved 10.2 percentage points, or 16.1%. Non-interest expense, adjusted for merger expenses and intangible amortization, as a percentage of average assets improved 14 basis points quarter over quarter and 54 basis points year over year.

•

Return on average equity for the quarter was 12.9%, up from 8.2% in the previous quarter. Adjusting for merger costs and amortization of intangible assets in both periods, return on tangible common equity ("ROATCE") improved to 16.6% from 16.1% in the previous quarter. As compared to the same period in the prior year, return on tangible common equity improved 4.9%, from 11.7%. Core ROATCE was 17.2% for the quarter.

•

Book value per share increased to $40.22 from $39.37 and tangible book value per share increased to $33.45 from $32.58. Tangible common equity to tangible common assets closed the quarter at 9.1%.

•

During the quarter, the Company realized net charge-offs of $1.7 million. The allowance for credit losses (“ACL”) closed the quarter at 1.19% of outstanding balances, while ACL plus purchase discounts on loans closed the quarter at 1.73%.

•

The Company announced an $0.18 dividend on outstanding common shares as of June 30, 2026. During the quarter, the Company repurchased 211,369 shares at a weighted average cost of $45.02 per share. Year to date the Company has repurchased 711,369 shares at a weighted average cost of $44.84. Under the currently active repurchase plan, 116,293 additional shares are authorized for purchase.

Equity Bancshares, Inc.

PRESS RELEASE

Financial Results for the Quarter Ended June 30, 2026

Net income was $26.4 million, or $1.27 per diluted share, as compared to $17.0 million, or $0.80 per diluted share in the prior quarter. Core net income was $29.4 million or $1.41 per diluted share, demonstrating the underlying earnings power of the franchise.

The drivers of the current period results are discussed in detail in the following sections.

Net Interest Income

Net interest income was $73.9 million for the period, as compared to $73.7 million in the previous quarter. Net interest margin was 4.36%, up 3 basis points from 4.33% in the prior quarter. The expansion was driven by a favorable shift in earning asset composition toward higher-yielding categories and increased discount accretion on bonds called during the quarter. Average interest-earning assets were $6.8 billion. The yield on interest-earning assets increased 1 basis point while cost of interest-bearing liabilities decreased by 5 basis points. Looking ahead, management anticipates a modestly lower margin of 4.25% to 4.35% for the remainder of 2026 as earning assets expand.

Provision for Credit Losses

During the quarter, the Company recognized a provision for loan losses of $1.3 million, decreasing significantly from the prior quarter which was elevated due to integration of Frontier balances into the reserve framework. Net charge-offs were $1.7 million, or an annualized 12 basis points of average loans. At quarter end, ACL to gross loans held for investment was 1.19% and ACL plus purchase discounts was 1.73%. The Company continues to estimate the allowance with assumptions reflecting slower prepayment rates and continued disruption from trade policy, elevated inflation, and monetary policy pressures.

Non-Interest Income

Total non-interest income was $8.1 million, down $1.4 million from the prior quarter. Results were negatively impacted by losses on security transactions and the write-down of a fund investment of $2.2 million. Adjusted for these losses, non-interest income was $10.3 million, up $0.7 million linked quarter, reflecting growth in debit and credit card income along with expansion in mortgage and trust and wealth management revenue. Non-interest income for the second half of 2026 is expected in the range of $18 to $22 million.

Non-Interest Expense

Total non-interest expense was $46.9 million as compared to $55.0 million for the prior quarter. Excluding merger expenses in both periods, non-interest expense was $46.8 million versus $49.2 million, a decrease of $2.5 million or 5.1%. The improvement reflects ongoing operational efficiency gains and the impact of the core system conversion completed in the first quarter. Non-interest expense for the second half of 2026 is expected in the range of $94 to $98 million.

Income Tax Expense

At June 30, 2026, the effective tax rate for the quarter was 21.6% as compared to 23.7% for the quarter ended March 31, 2026. The decrease in the effective tax rate was primarily attributable to the nonrecurrence of state tax expense recognized in the first quarter related to the remeasurement of deferred tax assets, partially offset by lower tax benefits associated with restricted stock units in the second quarter. The first-quarter remeasurement was driven by decreased state apportionment, which resulted in certain deferred tax assets being measured at a lower state tax rate. The year-to-date tax rate is 22.4% as compared to 18.6% at June 30, 2025.

Equity Bancshares, Inc.

PRESS RELEASE

Loans, Total Assets and Funding

Loans held for investment were $5.4 billion at period end, decreasing $22.6 million during the quarter. Total assets closed the quarter at $7.7 billion, remaining consistent with the prior quarter end.

Total deposit balances closed the quarter at $6.3 billion, remaining consistent with the previous quarter end. Brokered deposits closed the quarter at 8.0% of total deposits up from 5.7% at prior quarter end.

Asset Quality

Nonperforming assets were $66.3 million, or 0.86% of total assets, compared to $58.4 million or 0.76% at prior quarter end. The increase is primarily attributable to additions from the Frontier portfolio. Classified assets to regulatory capital remained stable at 11.9%. The Company continues to actively manage credit quality across all markets.

Capital

Book capital increased $9.6 million quarter over quarter to $827.3 million. Tangible book value per share closed at $33.45, up from $32.58 at prior quarter end. CET1 capital was 11.84%, total risk-based capital was 14.66%, and the leverage ratio was 9.97%. The Company has repurchased 711,369 shares year to date at a weighted average price of $44.84 per share. The dividend payout ratio year to date was 17.4%, within the Company's 10 to 20% target range.

Non-GAAP Financial Measures

In addition to evaluating the Company’s results of operations in accordance with accounting principles generally accepted in the United States of America (“GAAP”), management periodically supplements this evaluation with an analysis of certain non-GAAP financial measures that are intended to provide the reader with additional perspectives on operating results, financial condition and performance trends, while facilitating comparisons with the performance of other financial institutions. Non-GAAP financial measures are not a substitute for GAAP measures, rather, they should be read and used in conjunction with the Company’s GAAP financial information.

The efficiency ratio is a common comparable metric used by banks to understand the expense structure relative to total revenue. In other words, for every dollar of total revenue recognized, how much of that dollar is expended. To improve the comparability of the ratio to our peers, non-core items are excluded. To improve transparency and acknowledging that banks are not consistent in their definition of the efficiency ratio, we include our calculation of this non-GAAP measure.

Core income calculations are a non-GAAP measure that management believes is an effective alternative measure of how efficiently the company utilizes its asset base. Core income is calculated by adjusting GAAP income by non-core gains and losses and excluding non-core expenses, net of tax, as outlined in the table below. We calculate (a) core net income (loss) allocable to common stockholders plus merger expenses, tax effected non-core items, goodwill impairment and BOLI tax adjustment, less gain (loss) from securities transactions; (b) adjusted operating net income as net income (loss) allocable to common stockholders plus adjusted non-core items, tax effected non-core items and BOLI tax adjustments.

Core return on average assets before income tax provision and provision for loan losses is a measure that the Company uses to understand fundamental operating performance before these expenses. Used as a ratio relative to average assets, we believe it demonstrates “core” performance and can be viewed as an alternative measure of how efficiently the Company services its asset base. Used as a ratio relative to average equity, it can function as an alternative measure of the Company’s earnings performance in relationship to its equity.

Core return on average equity is a non-GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate by taking core net income allocable to common stockholders divided by a simple average of net income and core net income plus average stockholders' equity. For return on average equity, the most directly comparable financial measure calculated in accordance with GAAP is return on average equity.

Equity Bancshares, Inc.

PRESS RELEASE

Core earnings per share is a non-GAAP financial measure we calculate by taking GAAP net income less non-core impacts to net income to arrive at core net income and core diluted earnings per share. This financial measure is used by financial statement users to evaluate the core financial performance of the Company.

Tangible common equity and related measures are non-GAAP financial measures that exclude the impact of intangible assets, net of deferred taxes, and their related amortization. These financial measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Return on average tangible common equity is used by management and readers of our financial statements to understand how efficiently the Company is deploying its common equity. Companies that are able to demonstrate more efficient use of common equity are more likely to be viewed favorably by current and prospective investors.

The Company believes that disclosing these non-GAAP financial measures is both useful internally and is expected by our investors and analysts in order to understand the overall performance of the Company. Other companies may calculate and define their non-GAAP financial measures and supplemental data differently. A reconciliation of GAAP financial measures to non-GAAP measures and other performance ratios, as adjusted, are included in Table 6 in the following press release tables.

Conference Call and Webcast

Equity's Chairman and Chief Executive Officer, Brad Elliott, Chief Executive Officer of Equity Bank, Rick Sems, and Chief Financial Officer, Chris Navratil, will hold a conference call and webcast on July 15, 2026 at 9:00 a.m. Central Time to discuss the Company's financial results.

Those wishing to participate in the conference call should call the applicable number below and reference the Access Code below.

United States (Local): +1 626 884 3620

United States (Toll-Free): +1 833 461 5787

Global Dial-In Numbers

Access Code: 797391070

To eliminate wait times, conference call participants may pre-register using this registration link. After registering, a confirmation with access details will be sent via email.

A replay of the call and webcast will be available two hours following the close of the call until July 31, 2026, accessible at investor.equitybank.com. Webcast URL: https://events.q4inc.com/attendee/797391070

About Equity Bancshares, Inc.

Equity Bancshares, Inc. is a Wichita-based bank holding company. Equity Bank serves customers in Kansas, Missouri, Oklahoma, Arkansas, Nebraska, and Iowa, with total assets of $7.7 billion as of June 30, 2026. More information is available at equitybank.com.

Special Note Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect the current views of Equity’s management with respect to, among other things, future events and Equity’s financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,”

Equity Bancshares, Inc.

PRESS RELEASE

“intend,” “plan,” “project,” “positioned,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about Equity’s industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond Equity’s control. Accordingly, Equity cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although Equity believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from Equity’s expectations include competition from other financial institutions and bank holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; the possibility that the expected benefits related to the proposed transaction with Frontier Bank (“Frontier”) may not materialize as expected; and the ability to successfully implement integration strategies or to achieve expected synergies and operating efficiencies within the expected time-frames or at all; and similar variables. The foregoing list of factors is not exhaustive.

For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in Equity’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 6, 2026, as amended, and any updates to those risk factors set forth in Equity’s subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. If one or more events related to these or other risks or uncertainties materialize, or if Equity’s underlying assumptions prove to be incorrect, actual results may differ materially from what Equity anticipates. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and Equity does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties arise from time to time and it is not possible for us to predict those events or how they may affect us. In addition, Equity cannot assess the impact of each factor on Equity’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Equity or persons acting on Equity’s behalf may issue.

Investor Contact:

Chris M. Navratil

EVP, Chief Financial Officer

Equity Bancshares, Inc.

(316) 612-6014

cnavratil@equitybank.com

Media Contact:

Russell Colburn

Public Relations and Communication Manager

Equity Bancshares, Inc.

(913) 583-8011

rcolburn@equitybank.com

Equity Bancshares, Inc.

PRESS RELEASE

Unaudited Financial Tables

•

Table 1. Consolidated Statements of Income

•

Table 2. Quarterly Consolidated Statements of Income

•

Table 3. Consolidated Balance Sheets

•

Table 4. Selected Financial Highlights

•

Table 5. Year-To-Date Net Interest Income Analysis

•

Table 6. Quarter-To-Date Net Interest Income Analysis

•

Table 7. Quarter-Over-Quarter Net Interest Income Analysis

•

Table 8. Non-GAAP Financial Measures

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 1. CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(Dollars in thousands, except per share data)

Three Months Ended

June 30,

Six Months ended

June 30,

2026

2025

2026

2025

Interest and dividend income

Loans, including fees

$

90,577

$

62,868

$

182,039

$

125,865

Securities, taxable

14,878

8,821

28,537

17,935

Securities, nontaxable

207

358

429

735

Federal funds sold and other

2,162

2,140

4,843

4,336

Total interest and dividend income

107,824

74,187

215,848

148,871

Interest expense

Deposits

30,143

20,090

60,621

39,467

Federal funds purchased and retail repurchase agreements

208

219

400

467

Federal Home Loan Bank advances

1,786

2,224

3,672

5,140

Federal Reserve Bank borrowings

—

—

—

—

Bank stock loan

—

—

4

—

Subordinated debt

1,815

1,852

3,615

3,703

Total interest expense

33,952

24,385

68,312

48,777

Net interest income

73,872

49,802

147,536

100,094

Provision (reversal) for credit losses

1,304

19

7,259

2,741

Net interest income after provision (reversal) for credit losses

72,568

49,783

140,277

97,353

Non-interest income

Service charges and fees

2,414

2,177

4,907

4,241

Debit card income

3,391

3,052

6,508

5,556

Mortgage banking

589

212

937

318

Increase in value of bank-owned life insurance

1,623

1,321

3,021

4,914

Net gain on acquisition and branch sales

—

—

—

—

Net gains (losses) from securities transactions

(1,213

)

12

(1,321

)

24

Other

1,254

1,815

3,493

3,866

Total non-interest income

8,058

8,589

17,545

18,919

Non-interest expense

Salaries and employee benefits

24,594

19,735

50,849

39,689

Net occupancy and equipment

4,624

3,482

9,413

7,157

Data processing

5,190

5,055

10,578

10,141

Professional fees

1,400

1,361

3,168

2,888

Advertising and business development

1,547

1,208

3,213

2,552

Telecommunications

604

588

1,294

1,175

FDIC insurance

1,165

464

1,930

1,094

Courier and postage

518

834

1,163

1,633

Free nationwide ATM cost

595

547

1,161

1,060

Amortization of core deposit intangibles

2,240

1,016

4,168

2,061

Loan expense

546

281

1,044

410

Other real estate owned and repossessed assets, net

35

103

126

204

Loss on debt extinguishment

—

1,361

—

1,361

Merger expenses

133

355

5,858

421

Other

3,694

3,611

7,889

7,205

Total non-interest expense

46,885

40,001

101,854

79,051

Income (loss) before income tax

33,741

18,371

55,968

37,221

Provision for income taxes (benefit)

7,302

3,107

12,563

6,916

Net income (loss) and net income (loss) allocable to common stockholders

$

26,439

$

15,264

$

43,405

$

30,305

Equity Bancshares, Inc.

PRESS RELEASE

Basic earnings (loss) per share

$

1.28

$

0.87

$

2.08

$

1.73

Diluted earnings (loss) per share

$

1.27

$

0.86

$

2.06

$

1.72

Weighted average common shares

20,624,793

17,524,296

20,829,784

17,503,735

Weighted average diluted common shares

20,825,444

17,651,298

21,037,028

17,654,211

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 2. QUARTERLY CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(Dollars in thousands, except per share data)

As of and for the Three Months Ended

June 30,

2026

March 31,

2026

December 31,

2025

September 30,

2025

June 30,

2025

Interest and dividend income

Loans, including fees

$

90,577

$

91,462

$

74,362

$

76,911

$

62,868

Securities, taxable

14,878

13,659

11,450

9,416

8,821

Securities, nontaxable

207

222

179

307

358

Federal funds sold and other

2,162

2,681

4,875

4,464

2,140

Total interest and dividend income

107,824

108,024

90,866

91,098

74,187

Interest expense

Deposits

30,143

30,478

23,998

24,990

20,090

Federal funds purchased and retail repurchase agreements

208

192

206

263

219

Federal Home Loan Bank advances

1,786

1,886

1,327

1,741

2,224

Bank stock loan

—

4

—

—

—

Subordinated debt

1,815

1,800

1,833

1,619

1,852

Total interest expense

33,952

34,360

27,364

28,613

24,385

Net interest income

73,872

73,664

63,502

62,485

49,802

Provision (reversal) for credit losses

1,304

5,955

(16

)

6,228

19

Net interest income after provision (reversal) for credit losses

72,568

67,709

63,518

56,257

49,783

Non-interest income

Service charges and fees

2,414

2,493

2,558

2,522

2,177

Debit card income

3,391

3,117

2,905

2,953

3,052

Mortgage banking

589

348

187

62

212

Increase in value of bank-owned life insurance

1,623

1,398

1,410

1,393

1,321

Net gains (losses) from securities transactions

(1,213

)

(108

)

154

(53,352

)

12

Other

1,254

2,239

2,318

1,943

1,815

Total non-interest income

8,058

9,487

9,532

(44,479

)

8,589

Non-interest expense

Salaries and employee benefits

24,594

26,255

22,324

22,773

19,735

Net occupancy and equipment

4,624

4,789

4,327

4,317

3,482

Data processing

5,190

5,388

5,251

4,887

5,055

Professional fees

1,400

1,768

1,909

1,670

1,361

Advertising and business development

1,547

1,666

1,371

1,305

1,208

Telecommunications

604

690

657

630

588

FDIC insurance

1,165

765

832

653

464

Courier and postage

518

645

858

744

834

Free nationwide ATM cost

595

566

562

582

547

Amortization of core deposit intangibles

2,240

1,928

1,260

1,182

1,016

Loan expense

546

498

150

330

281

Other real estate owned and repossessed assets, net

35

91

28

797

103

Loss on debt extinguishment

—

—

—

—

1,361

Merger expenses

133

5,725

1,481

6,163

355

Other

3,694

4,195

5,577

3,049

3,611

Total non-interest expense

46,885

54,969

46,587

49,082

40,001

Income (loss) before income tax

33,741

22,227

26,463

(37,304

)

18,371

Provision for income taxes (benefit)

7,302

5,261

4,379

(7,641

)

3,107

Net income (loss) and net income (loss) allocable to common stockholders

$

26,439

$

16,966

$

22,084

$

(29,663

)

$

15,264

Basic earnings (loss) per share

$

1.28

$

0.81

$

1.16

$

(1.55

)

$

0.87

Equity Bancshares, Inc.

PRESS RELEASE

Diluted earnings (loss) per share

$

1.27

$

0.80

$

1.15

$

(1.55

)

$

0.86

Weighted average common shares

20,624,793

21,037,054

19,021,327

19,129,726

17,524,296

Weighted average diluted common shares

20,825,444

21,263,164

19,235,412

19,129,726

17,651,298

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 3. CONSOLIDATED BALANCE SHEETS (Unaudited)

(Dollars in thousands)

June 30,

2026

March 31,

2026

December 31,

2025

September 30,

2025

June 30,

2025

ASSETS

Cash and due from banks

$

546,129

$

563,766

$

607,562

$

699,165

$

365,957

Federal funds sold

402

399

255

245

247

Cash and cash equivalents

546,531

564,165

607,817

699,410

366,204

Interest-bearing time deposits in other banks

579

932

575

574

—

Available-for-sale securities

1,229,692

1,125,162

1,030,568

903,858

973,402

Held-to-maturity securities

5,168

5,254

5,248

5,243

5,236

Loans held for sale

2,723

7,631

1,392

617

217

Loans, net of allowance for credit losses(1)

5,341,305

5,364,030

4,145,424

4,215,118

3,555,458

Other real estate owned, net

3,793

5,026

5,388

3,147

4,621

Premises and equipment, net

141,098

140,648

136,720

132,857

117,533

Bank-owned life insurance

150,514

149,699

148,301

146,891

133,638

Federal Reserve Bank and Federal Home Loan Bank stock

42,719

38,806

34,053

33,713

34,835

Interest receivable

37,730

39,966

33,322

34,751

26,243

Goodwill

105,356

104,958

82,101

77,573

53,101

Core deposit intangibles, net

28,296

30,536

21,634

22,895

12,908

Other

90,117

90,557

120,629

88,984

90,441

Total assets

$

7,725,621

$

7,667,370

$

6,373,172

$

6,365,631

$

5,373,837

LIABILITIES AND STOCKHOLDERS’ EQUITY

Deposits

Demand

$

1,174,903

$

1,274,533

$

1,148,409

$

1,147,201

$

912,898

Total non-interest-bearing deposits

1,174,903

1,274,533

1,148,409

1,147,201

912,898

Demand, savings and money market

3,445,538

3,504,698

3,004,987

2,882,625

2,494,285

Time

1,683,376

1,521,679

984,868

1,064,943

827,735

Total interest-bearing deposits

5,128,914

5,026,377

3,989,855

3,947,568

3,322,020

Total deposits

6,303,817

6,300,910

5,138,264

5,094,769

4,234,918

Federal funds purchased and retail repurchase agreements

42,826

39,009

39,864

42,220

36,420

Federal Home Loan Bank advances and Federal Reserve Bank borrowings

385,408

347,660

300,000

341,378

383,676

Subordinated debt

98,377

98,263

98,145

98,174

24,125

Contractual obligations

8,520

9,678

10,208

16,664

17,289

Interest payable and other liabilities

59,415

54,240

54,637

60,534

41,773

Total liabilities

6,898,363

6,849,760

5,641,118

5,653,739

4,738,201

Commitments and contingent liabilities

Stockholders’ equity

Common stock

273

273

249

249

231

Additional paid-in capital

767,608

766,016

664,906

658,481

587,547

Retained earnings

241,225

218,534

205,328

186,718

219,876

Accumulated other comprehensive income (loss), net of tax

(3,820

)

930

7,032

4,720

(40,269

)

Treasury stock

(178,028

)

(168,143

)

(145,461

)

(138,276

)

(131,749

)

Total stockholders’ equity

827,258

817,610

732,054

711,892

635,636

Total liabilities and stockholders’ equity

$

7,725,621

$

7,667,370

$

6,373,172

$

6,365,631

$

5,373,837

(1) Allowance for credit losses

$

64,413

$

64,245

$

52,756

$

53,469

$

45,270

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 4. SELECTED FINANCIAL HIGHLIGHTS (Unaudited)

(Dollars in thousands, except per share data)

As of and for the Three Months Ended

June 30,

March 31,

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

Loans Held For Investment by Type

Commercial real estate

$

2,968,281

$

2,958,263

$

2,226,348

$

2,216,180

$

1,854,294

Commercial and industrial

955,380

967,049

816,885

907,439

753,339

Residential real estate

710,948

720,441

582,145

590,598

565,755

Agricultural real estate

419,830

431,308

278,927

272,087

226,125

Agricultural

247,327

249,053

188,475

174,517

94,981

Consumer

103,952

102,161

105,400

107,766

106,234

Total loans held-for-investment

5,405,718

5,428,275

4,198,180

4,268,587

3,600,728

Allowance for credit losses

(64,413

)

(64,245

)

(52,756

)

(53,469

)

(45,270

)

Net loans held for investment

$

5,341,305

$

5,364,030

$

4,145,424

$

4,215,118

$

3,555,458

Asset Quality Ratios

Allowance for credit losses on loans to total loans

1.19

%

1.18

%

1.26

%

1.25

%

1.26

%

Allowance for credit losses and discounts on loans to

total loans

1.73

%

1.77

%

1.67

%

1.71

%

1.44

%

Past due or nonaccrual loans to total loans

1.56

%

1.86

%

1.53

%

1.55

%

1.65

%

Nonperforming assets to total assets

0.86

%

0.76

%

0.73

%

0.83

%

0.85

%

Nonperforming assets to total loans plus other

real estate owned

1.23

%

1.07

%

1.11

%

1.23

%

1.27

%

Classified assets to bank total regulatory capital

11.90

%

12.00

%

12.06

%

12.37

%

11.39

%

Selected Average Balance Sheet Data (QTD Average)

Investment securities

$

1,158,422

$

1,126,252

$

937,277

$

915,928

$

961,869

Total gross loans receivable

5,389,418

5,454,281

4,209,562

4,247,338

3,630,981

Interest-earning assets

6,795,426

6,896,216

5,642,066

5,574,815

4,791,664

Total assets

7,330,174

7,451,709

6,141,284

6,084,961

5,206,950

Interest-bearing deposits

4,916,741

4,921,946

3,918,343

3,838,731

3,264,599

Borrowings

333,556

348,714

276,531

300,402

350,747

Total interest-bearing liabilities

5,250,297

5,270,660

4,194,874

4,139,133

3,615,346

Total deposits

6,110,974

6,193,296

5,073,696

5,004,830

4,183,473

Total liabilities

6,505,540

6,609,629

5,415,628

5,369,642

4,579,847

Total stockholders' equity

824,633

841,838

725,651

715,319

627,103

Tangible common equity*

684,552

700,096

616,872

620,273

554,697

Performance ratios

Return on average assets (ROAA) annualized

1.45

%

0.92

%

1.43

%

(1.93

)%

1.18

%

Return on average equity (ROAE) annualized

12.86

%

8.17

%

12.07

%

(16.45

)%

9.76

%

Return on average tangible common equity

(ROATCE) annualized*

16.59

%

10.77

%

14.91

%

(18.31

)%

11.69

%

Yield on loans annualized

6.74

%

6.80

%

7.01

%

7.18

%

6.94

%

Cost of interest-bearing deposits annualized

2.46

%

2.51

%

2.43

%

2.58

%

2.47

%

Cost of total deposits annualized

1.98

%

2.00

%

1.88

%

1.98

%

1.93

%

Net interest margin annualized

4.36

%

4.33

%

4.47

%

4.45

%

4.17

%

Efficiency ratio*

53.38

%

56.68

%

59.98

%

58.31

%

63.62

%

Non-interest income / average assets

0.44

%

0.52

%

0.62

%

(2.90

)%

0.66

%

Non-interest expense / average assets

2.57

%

2.99

%

3.01

%

3.20

%

3.08

%

Dividend payout ratio

14.18

%

22.31

%

15.73

%

(11.78

)%

17.49

%

Performance ratios - Core

Core earnings per diluted share*

$

1.41

$

1.32

$

1.26

$

1.21

$

0.99

Core return on average assets*

1.61

%

1.52

%

1.57

%

1.51

%

1.35

%

Core return on average equity*

14.26

%

13.41

%

13.23

%

12.47

%

11.18

%

Equity Bancshares, Inc.

PRESS RELEASE

Core return on average tangible common equity*

17.17

%

16.10

%

15.56

%

14.30

%

12.64

%

Core non-interest expense / average assets*

2.43

%

2.57

%

2.82

%

2.71

%

2.86

%

Capital Ratios

Tier 1 Leverage Ratio

9.97

%

9.59

%

10.64

%

10.41

%

12.07

%

Common Equity Tier 1 Capital Ratio

11.84

%

11.54

%

13.08

%

12.84

%

15.07

%

Tier 1 Risk Based Capital Ratio

12.26

%

11.96

%

13.59

%

13.35

%

15.67

%

Total Risk Based Capital Ratio

14.66

%

14.36

%

16.31

%

16.09

%

16.84

%

Total stockholders' equity to total assets

10.71

%

10.66

%

11.49

%

11.18

%

11.83

%

Tangible common equity to tangible assets*

9.07

%

8.99

%

9.94

%

9.68

%

10.63

%

Book value per common share

$

40.22

$

39.37

$

38.64

$

37.25

$

36.27

Tangible book value per common share*

$

33.45

$

32.58

$

32.86

$

31.69

$

32.17

Tangible book value per diluted common share*

$

33.06

$

32.30

$

32.43

$

31.41

$

31.89

* The value noted is considered a Non-GAAP financial measure. For a reconciliation of Non-GAAP financial measures, see Table 8. Non-GAAP Financial Measures.

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 5. YEAR-TO-DATE NET INTEREST INCOME ANALYSIS (Unaudited)

(Dollars in thousands)

For the Six Months Ended

For the Six Months Ended

June 30, 2026

June 30, 2025

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Interest-earning assets

Loans (1)

Commercial and industrial

$

987,695

$

34,457

7.04

%

$

716,978

$

28,244

7.94

%

Commercial real estate

2,321,071

75,232

6.54

%

1,417,625

49,635

7.06

%

Real estate construction

729,453

25,771

7.12

%

459,915

17,919

7.86

%

Residential real estate

727,132

18,677

5.18

%

566,198

13,588

4.84

%

Agricultural real estate

445,654

15,361

6.95

%

261,006

9,988

7.72

%

Agricultural

263,132

9,143

7.01

%

89,244

3,398

7.68

%

Consumer

112,130

3,399

6.11

%

92,293

3,093

6.76

%

Total loans

5,586,267

182,040

6.57

%

3,603,259

125,865

7.04

%

Securities

Taxable securities

1,119,658

28,537

5.14

%

922,597

17,935

3.92

%

Nontaxable securities

22,768

429

3.80

%

55,167

735

2.69

%

Total securities

1,142,426

28,966

5.11

%

977,764

18,670

3.85

%

Federal funds sold and other

286,305

4,842

3.41

%

200,849

4,336

4.35

%

Total interest-earning assets

$

7,014,998

$

215,848

6.20

%

$

4,781,872

148,871

6.28

%

Interest-bearing liabilities

Demand, savings and money market deposits

$

3,483,424

$

35,439

2.05

%

$

2,500,379

26,759

2.16

%

Time deposits

1,563,547

25,182

3.25

%

742,606

12,708

3.45

%

Total interest-bearing deposits

5,046,971

60,621

2.42

%

3,242,985

39,467

2.45

%

FHLB advances

195,851

3,672

3.78

%

242,127

5,140

4.28

%

Other borrowings

146,126

4,020

5.55

%

142,130

4,170

5.92

%

Total interest-bearing liabilities

$

5,388,948

$

68,313

2.56

%

$

3,627,242

48,777

2.71

%

Net interest income

$

147,535

$

100,094

Interest rate spread

3.64

%

3.57

%

Net interest margin (2)

4.24

%

4.22

%

(1) Average loan balances include nonaccrual loans.

(2) Net interest margin is calculated by dividing annualized net interest income by average interest-earning assets for the period.

(3) Tax exempt income is not included in the above table on a tax-equivalent basis.

(4) Actual unrounded values are used to calculate the reported yield or rate disclosed. Accordingly, recalculations using the amounts in thousands as disclosed in this report may not produce the same amounts.

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 6. QUARTER-TO-DATE NET INTEREST INCOME ANALYSIS (Unaudited)

(Dollars in thousands)

For the Three Months Ended

For the Three Months Ended

June 30, 2026

June 30, 2025

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Interest-earning assets

Loans (1)

Commercial and industrial

930,538

$

16,759

7.22

%

$

743,538

$

13,922

7.51

%

Commercial real estate

2,202,740

37,254

6.78

%

1,411,211

25,042

7.12

%

Real estate construction

785,932

13,840

7.06

%

461,898

9,117

7.92

%

Residential real estate

695,937

9,024

5.20

%

566,719

6,873

4.86

%

Agricultural real estate

434,041

7,647

7.07

%

257,947

4,574

7.11

%

Agricultural

236,758

4,363

7.39

%

93,539

1,732

7.43

%

Consumer

103,472

1,690

6.55

%

96,129

1,608

6.71

%

Total loans

5,389,418

90,577

6.74

%

3,630,981

62,868

6.94

%

Securities

Taxable securities

1,136,862

14,879

5.25

%

908,331

8,821

3.89

%

Nontaxable securities

21,560

207

3.85

%

53,538

358

2.68

%

Total securities

1,158,422

15,086

5.22

%

961,869

9,179

3.83

%

Federal funds sold and other

247,586

2,161

3.50

%

198,814

2,140

4.32

%

Total interest-earning assets

$

6,795,426

107,824

6.36

%

$

4,791,664

74,187

6.21

%

Interest-bearing liabilities

Demand, savings and money market deposits

$

3,422,011

17,994

2.11

%

$

2,473,274

13,177

2.14

%

Time deposits

1,494,730

12,148

3.26

%

791,325

6,913

3.50

%

Total interest-bearing deposits

4,916,741

30,142

2.46

%

3,264,599

20,090

2.47

%

FHLB advances

189,336

1,785

3.78

%

210,224

2,224

4.24

%

Other borrowings

144,220

2,023

5.63

%

140,523

2,071

5.91

%

Total interest-bearing liabilities

$

5,250,297

33,950

2.59

%

$

3,615,346

24,385

2.71

%

Net interest income

$

73,874

$

49,802

Interest rate spread

3.77

%

3.50

%

Net interest margin (2)

4.36

%

4.17

%

(1) Average loan balances include nonaccrual loans.

(2) Net interest margin is calculated by dividing annualized net interest income by average interest-earning assets for the period.

(3) Tax exempt income is not included in the above table on a tax-equivalent basis.

(4) Actual unrounded values are used to calculate the reported yield or rate disclosed. Accordingly, recalculations using the amounts in thousands as disclosed in this report may not produce the same amounts.

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 7. QUARTER-OVER-QUARTER NET INTEREST INCOME ANALYSIS (Unaudited)

(Dollars in thousands)

For the Three Months Ended

For the Three Months Ended

June 30, 2026

March 31, 2026

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Average Outstanding Balance

Interest Income/ Expense

Average

Yield/Rate(3)(4)

Interest-earning assets

Loans (1)

Commercial and industrial

930,538

$

16,759

7.22

%

989,469

$

17,698

7.25

%

Commercial real estate

2,202,740

37,254

6.78

%

2,266,995

37,977

6.79

%

Real estate construction

785,932

13,840

7.06

%

672,347

11,931

7.20

%

Residential real estate

695,937

9,024

5.20

%

718,633

9,653

5.45

%

Agricultural real estate

434,041

7,647

7.07

%

424,055

7,714

7.38

%

Agricultural

236,758

4,363

7.39

%

264,213

4,780

7.34

%

Consumer

103,472

1,690

6.55

%

118,569

1,709

5.85

%

Total loans

5,389,418

90,577

6.74

%

5,454,281

91,462

6.80

%

Securities

Taxable securities

1,136,862

14,879

5.25

%

1,102,263

13,659

5.03

%

Nontaxable securities

21,560

207

3.85

%

23,989

222

3.76

%

Total securities

1,158,422

15,086

5.22

%

1,126,252

13,881

5.00

%

Federal funds sold and other

247,586

2,161

3.50

%

315,683

2,681

3.44

%

Total interest-earning assets

$

6,795,426

107,824

6.36

%

$

6,896,216

108,024

6.35

%

Interest-bearing liabilities

Demand savings and money market deposits

$

3,422,011

17,994

2.11

%

$

3,425,976

17,445

2.07

%

Time deposits

1,494,730

12,148

3.26

%

1,495,970

13,033

3.53

%

Total interest-bearing deposits

4,916,741

30,142

2.46

%

4,921,946

30,478

2.51

%

FHLB advances

189,336

1,785

3.78

%

202,439

1,886

3.78

%

Other borrowings

144,220

2,023

5.63

%

146,275

1,996

5.53

%

Total interest-bearing liabilities

$

5,250,297

33,950

2.59

%

$

5,270,660

34,360

2.64

%

Net interest income

$

73,874

$

73,664

Interest rate spread

3.77

%

3.71

%

Net interest margin (2)

4.36

%

4.33

%

(1) Average loan balances include nonaccrual loans.

(2) Net interest margin is calculated by dividing annualized net interest income by average interest-earning assets for the period.

(3) Tax exempt income is not included in the above table on a tax-equivalent basis.

(4) Actual unrounded values are used to calculate the reported yield or rate disclosed. Accordingly, recalculations using the amounts in thousands as disclosed in this report may not produce the same amounts.

Equity Bancshares, Inc.

PRESS RELEASE

TABLE 8. NON-GAAP FINANCIAL MEASURES (Unaudited)

(Dollars in thousands, except per share data)

As of and for the Three Months Ended

June 30,

March 31

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

Total stockholders' equity

$

827,258

$

817,610

$

732,054

$

711,892

$

635,636

Goodwill

(105,356

)

(104,958

)

(82,101

)

(77,573

)

(53,101

)

Core deposit intangibles, net

(28,296

)

(30,536

)

(21,634

)

(22,895

)

(12,908

)

Naming rights, net

(5,553

)

(5,629

)

(5,703

)

(5,778

)

(5,852

)

Tangible common equity

$

688,053

$

676,487

$

622,616

$

605,646

$

563,775

Common shares outstanding at period end

20,567,009

20,767,023

18,944,987

19,111,084

17,527,191

Diluted common shares outstanding at period end

20,811,448

20,946,924

19,196,160

19,279,741

17,680,489

Book value per common share

$

40.22

$

39.37

$

38.64

$

37.25

$

36.27

Tangible book value per common share

$

33.45

$

32.58

$

32.86

$

31.69

$

32.17

Tangible book value per diluted common share

$

33.06

$

32.30

$

32.43

$

31.41

$

31.89

Total assets

$

7,725,621

$

7,667,370

$

6,373,172

$

6,365,631

$

5,373,837

Goodwill

(105,356

)

(104,958

)

(82,101

)

(77,573

)

(53,101

)

Core deposit intangibles, net

(28,296

)

(30,536

)

(21,634

)

(22,895

)

(12,908

)

Naming rights, net

(5,553

)

(5,629

)

(5,703

)

(5,778

)

(5,852

)

Tangible assets

$

7,586,416

$

7,526,247

$

6,263,734

$

6,259,385

$

5,301,976

Total stockholders' equity to total assets

10.71

%

10.66

%

11.49

%

11.18

%

11.83

%

Tangible common equity to tangible assets

9.07

%

8.99

%

9.94

%

9.68

%

10.63

%

Total average stockholders' equity

$

824,633

$

841,838

$

725,651

$

715,319

$

627,103

Average intangible assets

(140,081

)

(141,742

)

(108,779

)

(95,046

)

(72,406

)

Average tangible common equity

$

684,552

$

700,096

$

616,872

$

620,273

$

554,697

Net income (loss) allocable to common stockholders

$

26,439

$

16,966

$

22,084

$

(29,663

)

$

15,264

Net gain on acquisition

—

—

—

—

—

Net (gain) loss on securities transactions

1,213

108

(154

)

53,352

(12

)

Merger expenses

133

5,725

1,481

6,163

355

Loss on debt extinguishment

—

—

—

—

1,361

Day 2 Merger provision

—

6,099

—

6,228

—

Amortization of intangible assets

2,369

2,056

1,390

1,312

1,145

Tax effect of adjustments

(780

)

(2,937

)

(571

)

(14,082

)

(598

)

Core net income (loss) allocable to common

stockholders

$

29,374

$

28,017

$

24,230

$

23,310

$

17,515

Return on total average stockholders' equity

(ROAE) annualized

12.86

%

8.17

%

12.07

%

(16.45

)%

9.76

%

Average tangible common equity

$

684,552

$

700,096

$

616,872

$

620,273

$

554,697

Average impact from core earnings adjustments

1,468

2,476

1,073

26,487

1,126

Core average tangible common equity

$

686,020

$

702,572

$

617,945

$

646,760

$

555,823

Return on average tangible common equity

(ROATCE) annualized

16.59

%

10.77

%

14.91

%

(18.31

)%

11.69

%

Core return on average tangible common equity

(CROATCE) annualized

17.17

%

16.10

%

15.56

%

14.30

%

12.64

%

Equity Bancshares, Inc.

PRESS RELEASE

As of and for the Three Months Ended

June 30,

March 31

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

Non-interest expense

$

46,885

$

54,969

$

46,587

$

49,082

$

40,001

Merger expense

(133

)

(5,725

)

(1,481

)

(6,163

)

(355

)

Amortization of intangible assets

(2,369

)

(2,056

)

(1,390

)

(1,312

)

(1,145

)

Loss on debt extinguishment

—

—

—

—

(1,361

)

Adjusted non-interest expense

$

44,383

$

47,188

$

43,716

$

41,607

$

37,140

Net interest income

$

73,872

$

73,664

$

63,502

$

62,485

$

49,802

Non-interest income

8,058

9,487

9,532

(44,479

)

8,589

Net gains (losses) from securities transactions

1,213

108

(154

)

53,352

(12

)

Adjusted non-interest income

$

9,271

$

9,595

$

9,378

$

8,873

$

8,577

Net interest income plus adjusted non-interest income

$

83,143

$

83,259

$

72,880

$

71,358

$

58,379

Non-interest expense to

net interest income plus non-interest income

57.23

%

66.11

%

63.79

%

272.59

%

68.51

%

Efficiency ratio

53.38

%

56.68

%

59.98

%

58.31

%

63.62

%

Total average assets

7,330,174

7,451,709

6,141,284

$

6,085,064

5,206,950

Core non-interest expense to average assets

2.43

%

2.57

%

2.82

%

2.71

%

2.86

%

Net income (loss) allocable to common stockholders

$

26,439

$

16,966

$

22,084

$

(29,663

)

$

15,264

Amortization of intangible assets

2,369

2,056

1,390

1,312

1,145

Tax effect of adjustments

(497

)

(432

)

(292

)

(276

)

(240

)

Adjusted net income (loss) allocable to common stockholders

28,311

18,590

23,182

(28,627

)

16,169

Net (gain) loss on securities transactions

1,213

108

(154

)

53,352

(12

)

Merger expenses

133

5,725

1,481

6,163

355

Loss on debt extinguishment

—

—

—

—

1,361

Day 2 Merger provision

—

6,099

—

6,228

—

Tax effect of adjustments

(283

)

(2,505

)

(279

)

(13,806

)

(358

)

Core net income (loss) allocable to common

stockholders

$

29,374

$

28,017

$

24,230

$

23,310

$

17,515

Total average assets

$

7,330,174

$

7,451,709

$

6,141,284

$

6,085,064

$

5,206,950

Total average stockholders' equity

$

824,633

$

841,838

$

725,651

$

715,319

$

627,103

Weighted average diluted common shares

20,825,444

21,263,164

19,235,412

19,129,726

17,651,298

Diluted earnings (loss) per share

$

1.27

$

0.80

$

1.15

$

(1.55

)

$

0.86

Core earnings per diluted share

$

1.41

$

1.32

$

1.26

$

1.21

$

0.99

Return on average assets (ROAA) annualized

1.45

%

0.92

%

1.43

%

(1.93

)%

1.18

%

Core return on average assets

1.61

%

1.52

%

1.57

%

1.51

%

1.35

%

Return on average equity

12.86

%

8.17

%

12.07

%

(16.45

)%

9.76

%

Core return on average equity

14.26

%

13.41

%

13.23

%

12.47

%

11.18

%

EX-99.2

EX-99.2

Filename: eqbk-ex99_2.htm · Sequence: 3

Exhibit 99.2

This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These forward-looking statements reflect the current views of the management of Equity Bancshares, Inc. (“Equity,” “we,” “us,” “our,” “the company”) with respect to, among other things, future events, and Equity’s financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “project,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations of those words or other comparable words of a future or forward-looking nature.  These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about Equity’s industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond Equity’s control. Accordingly, Equity cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although Equity believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements.  Factors that could cause actual results to differ materially from Equity’s expectations include competition from other financial institutions and bank holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; the possibility that the expected benefits related to the completed transaction with Frontier Holdings, LLC (“Frontier”)may not materialize as expected; and the ability to successfully implement integration strategies or to achieve expected synergies and operating efficiencies within the expected time-frames or at all; and similar variables. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in Equity’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 6, 2026, as amended, and any updates to those risk factors set forth in Equity’s subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. If one or more events related to these or other risks or uncertainties materialize, or if Equity’s underlying assumptions prove to be incorrect, actual results may differ materially from what Equity anticipates. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and Equity does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties arise from time to time and it is not possible for us to predict those events or how they may affect us. In addition, Equity cannot assess the impact of each factor on Equity’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Equity or persons acting on Equity’s behalf may issue. Non-GAAP Financial Measures This presentation contains certain non-GAAP financial measures intended to supplement, not substitute for, comparable GAAP measures.  Reconciliations of non-GAAP financial measures to GAAP financial measures are provided at the end of this presentation.  Numbers in the presentation may not sum due to rounding. Forward Looking Statements

Strategic Execution Of Acquisitions EQBK Growth Since 2010 Overview $7.7B Total Assets $5.4B Gross Loans $6.3B Total Deposits $1.02B Market Capitalization1 9.07% Tangible Common Equity / Tangible Assets2 11.84% Common Equity Tier 1 14.66% Total Risk-Based Capital $33.45 Tangible Book Value Per Share2 Most Recent Acquisition: Frontier Bank Merger Closed on January 1, 2026 Equity Bancshares, Inc.| NYSE: EQBK # of Acquisitions4 EQBK Total Assets ($M) +19.4% Total Asset CAGR3 15 Total Acquisitions 2 Years Avg. Tangible Book Value Earnback 8% Avg. Earnings Per Share Accretion 1 1 1 3 3 1 1 1 2 Market Capitalization as of 6/30/2026 Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Compound Annual Growth Rate since 2010 # of acquisitions based on date of completion. 1

2nd Quarter 2026 | Financial Highlights Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Excludes Day 2 Merger provision of $6.1M in Q1 2026 $26.4M Net Income $1.28 Earnings Per Share 1.45% Return on Average Assets 12.86% Return on Average Equity Key Performance Metrics Q2 2026 Q1 2026 Q4 2025 Earnings & Profitability Earnings Per Share | Core Earnings Per Share1 $1.28 | $1.41 $0.81 | $1.32 $1.16 | $1.26 Book Value Per Share | TBV Per Share1 $40.22 | $33.45 $39.37 | $32.58 $38.64 | $32.86 Net Income | Core Net Income1 $26.4M | $29.4M $17.0M | $28.0M $22.1M | $24.2M Net Interest Margin 4.36% 4.33% 4.47% Efficiency Ratio1 53.38% 56.68% 59.98% ROAA | Core ROAA 1 1.45% | 1.61% 0.92% | 1.52% 1.43% | 1.57% ROAE | Core ROATCE 1 12.86% | 17.17% 8.17% | 16.10% 12.07% | 15.56% Balance Sheet & Capital Gross Loans $5.4B $5.4B $4.2B Total Deposits $6.3B $6.3B $5.1B Total Equity / Total Assets | TCE / TA1 10.71% | 9.07% 10.66% | 8.99% 11.49% | 9.94% CET 1 Capital Ratio 11.84% 11.54% 13.08% Total Risk-based Capital Ratio 14.66% 14.36% 16.31% Asset Quality Provision for Credit Losses $1.3M $(0.1)M2 $(0.0)M NCOs / Avg. Loans 0.12% 0.10% 0.07% NPAs / Total Assets 0.86% 0.76% 0.73% Classified Assets / Regulatory Capital 11.85% 12.00% 12.06%

Brad Elliott Chairman & CEO Equity Bancshares, Inc. Founded Equity Bank in 2002 and has led the organization to nearly $8B in assets through disciplined organic growth and over a dozen strategic acquisitions. Named a 2018 EY Entrepreneur of the Year National Finalist and recognized as Most Influential CEO by the Wichita Business Journal in 2014. Rick Sems Chief Executive Officer Equity Bank Equity Bank CEO since May 2024, having joined as President in May 2023. Prior to Equity, Rick served as Chief Banking Officer of First Bank in St. Louis and as President & CEO of Reliance Bank, bringing deep commercial banking leadership to the organization. Chris Navratil Chief Financial Officer Chief Financial Officer since August 2023. Previously served as Bank CFO and spent seven years within the Financial Institution Audit Practice at Crowe LLP, bringing rigorous financial reporting and regulatory expertise to the executive team. Julie Huber Chief Operating Officer Chief Operating Officer since May 2024. Held a variety of senior leadership roles at Equity Bank overseeing operations, HR, compliance, and sales and training. Served as the primary integration lead for each of the bank's acquisitions. Brett Reber General Counsel Prior to joining Equity Bank, served as Managing Member of Wise & Reber, L.C. Brett has practiced corporate and business law for more than 30 years, providing legal counsel across the full spectrum of the bank's corporate, regulatory, and transactional matters. Krzysztof Slupkowski Chief Credit Officer Chief Credit Officer since September 2023. Previously served as Metro Market CCO at Equity Bank since 2018 and held various credit leadership roles at Commerce Bancshares, bringing strong portfolio risk discipline to the organization. David Pass Chief Information Officer Previously served in senior IT leadership positions at UMB Financial Corporation and CoBiz Financial, overseeing technology strategy, core systems, and digital infrastructure across complex multi-bank organizations. Leadership Team

Organic Growth Strategic Mergers & Acquisitions Disciplined Credit Standards Effective Balance Sheet & Capital Management EPS & Tangible Book Value Growth Our guiding principles and commitment to entrepreneurial spirit are part of our longstanding framework for delivering shareholder value Our Value Proposition

Tangible Book Value Per Share | IPO to Current Tangible Book Value Per Share | Quarter over Quarter Walk Tangible Book Value Per Share1 7.30% TBVPS CAGR Q1 2026 Q2 2026 Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation.

Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Q3 2025 actual figures not considered meaningful due to the loss from securities repositioning Return On Average Tangible Common Equity1 Return on Average Assets1 Efficiency Ratio & Core NIE to Average Assets1 Tangible Common Equity / Tangible Assets1 Performance Metrics

Net Income Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. 1 Q1 2026 Q2 2026 1 Net interest income was $73.9 million, effectively flat quarter over quarter. Declining purchase accounting accretion and lower average earning assets were offset by higher securities yields and a lower cost of funds. Margin for the quarter was 4.36%, up from 4.33% in the prior quarter. The modest expansion was driven primarily by an earning-asset shift out of cash into investments and loans, along with higher discount accretion in the investment portfolio. Loan purchase accounting accretion contributed $2.9 million, or approximately 17 basis points — in line with expectations entering the quarter. Looking ahead, we anticipate earning-asset expansion and a modestly lower margin of 4.25% to 4.30% for the remainder of 2026. Total non-interest income for the quarter was $8.1 million, down from $9.5 million in the prior quarter. The line was negatively impacted by a $2.2 million write-down of a fund investment. Excluding this one-time item, non-interest income was up $0.8 million linked quarter, driven by higher debit and credit card income along with expansion in mortgage and trust & wealth management revenue. Total non-interest expense, excluding merger costs, was $46.8 million for the quarter — down $2.5 million linked quarter. Results included approximately $1.0 million of benefits we do not expect to repeat. Excluding those items, expenses were down $1.5 million, reflecting our continued emphasis on operational efficiency and the impact of the core conversion completed in the first quarter. Net Interest Income Non-Interest Income Non-Interest Expense

Profitability Revenue Composition Profitability Ratios Noninterest income is adjusted to exclude any gain/(loss) on securities transactions 1 1 1

Net Interest Margin Quarter over Quarter 3bps increase Net Interest Margin 4.33% Q1 4.36% Q2 Q1 2026 Q2 2026 Cost Analysis Yield Analysis1 Loan Coupon exclusive of the impact of derivatives, purchase accounting, non-accrual, mortgage premium amort, and loan fees

$6.3B Total Deposits Deposit Composition Loan Composition Performance Highlights 85.75% Loan-to- Deposit Ratio 91.62% Core Dep. / Total Deposit 1.98% Cost of Total Deposits 2.46% Cost of Int-bearing Deposits 6.74% Yield on Total Loans 6.45% Loan Coupon Yield1 0.12% NCOs / Average Loans 11.85% Classified Assets / Reg. Capital Balance Sheet Loan Coupon exclusive of the impact of derivatives, purchase accounting, non-accrual, mortgage premium amort, and loan fees Noninterest- bearing Time < 100K Time > 100K Savings Money Market Interest- bearing Commercial Real-estate Commercial & Industrial Res. RE Ag. RE Ag. Consumer Trending Loan-to-Deposit Ratio $5.4B Total Loans

Nonperforming Assets Asset Quality Trends Net Charge-offs / Average Loans Annual Quarterly Annual Quarterly

Asset Quality Trends Total Reserve Ratio Classified Assets Annual Quarterly Annual Quarterly

Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. EQBK Minimum Required Dividends Declared Per Share & Dividend Payout Ratio Shares Repurchased & Weighted Avg. Price Per Share 1 Thousands Capital Priorities Maintain well capitalized regulatory levels Capacity for organic growth Dividend payout ratio targeted at 10-20% Mergers & acquisitions Common stock repurchases Capital Management

Deploying Technology & AI 140 708 AI-LICENSED USERS Live IN PRODUCTION · 1H 2026 ✓ Retail AI Assistant – internal use ✓ Human Resources AI Assistant ✓ Loan Review – streamlining production to focus effort on review and decisioning ✓ Third Party Risk Management – automate diligence review production and round-the-clock monitoring ✓ Financial crime initial reviews In Process BUILDING NOW ✓ Customer Care AI Assistant – internal use ✓ Operations AI Assistant ✓ Credit spread & narrative production for loan packets. Reduce time to produce and focus effort on review and decisioning. ✓ Acquired and Target loan portfolio review – automate line sheet documentation to focus effort on review and decisioning. Next Phase ON THE ROADMAP ✓ Small business loan process automation ✓ SAR narratives – streamline production and focus effort on review and validation AI GOVERNANCE COMMITTEE OTHER SOLUTIONS 35-40% FASTER LOAN REVIEW ON LEGACY EQUITY PORTFOLIO ~5 min INITIAL RISK REVIEW PRODUCTION THIRD PARTY RISK MANAGMENT ~$500K SAVINGS ON PLACEMENT FEE AI-ASSISTED, IN-HOUSE SOURCING OF TALENT Centralized oversight & control of how AI is built, deployed & used Reviews new use cases; validates the models & vendors behind them Approves all AI-generated output, a human in the loop at every step Captures efficiency gains with full risk & regulatory discipline ✓ ✓ ✓ ✓

Core Non-interest Income is exclusive of gain / (loss) on securities transactions Core Non-interest Expense is exclusive of merger expenses Forward Looking 2H 2026 $6,250 – 6,350M $5,400 – 5,500M $6,850 – 6,950M 4.25 – 4.35% $2 - 4M $18 - 22M $94-98M 22 – 23% Outlook on Key Business Drivers NOTE: Figures presented in this outlook represent forward-looking statements and are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Please see Special Note Concerning Forward-Looking Statements and Focus Variables for Outlook and Forecast 2nd Quarter 2026 Results $6,111M Avg. Deposits $5,385M Avg.Gross Loans $6,795M Avg. Earning Assets 4.36% Net Interest Margin $1.3M Provision For Credit Losses $9.3M Core Non-interest Income1 $46.8M Core Non-interest Expense2 21.6% Effective Tax Rate

Economic Environment Business activity creates opportunity for lending and deposit growth. Current macro-environment response and resolution will be a significant driver. Customer Needs Directly related to credit quality as well as trust in our business. Cost of Funding Impacts rates on our product offerings and applies pressure to earnings. Must be able to manage cost and profit yields effectively. Competitive Market Providing customers with rates and services that are competitive with our peers. Irrational operators may have short term impact on opportunities. Investment Opportunities Growth strategy must be flexible to the other variables that affect our investment options. Political Environment U.S. politics affect banking regulations, international relationships, tax policies and more. Focus Variables for Outlook & Forecast

Our Markets Source: S&P Capital IQ, Deposit Market data as of 12/31/25. Market rank is based on counties with a EQBK physical presence. 1) Iowa location: loan production office Market Share Kansas #6 Market Rank $2.5B Market Deposits 3.93% Market Share Oklahoma #10 Market Rank $1.3B Market Deposits 1.53% Market Share Missouri #8 Market Rank $1.0B Market Deposits 1.50% Market Share Nebraska #9 Market Rank $1.1B Market Deposits 2.12% Market Share Arkansas #10 Market Rank $319M Market Deposits 2.56% Market Share Market Footprint1 Equity Bancshares Headquarters

Quarter Ended June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 Total stockholder's equity $827,258 $817,610 $732,054 $711,892 $635,636 Goodwill (105,356) (104,958) (82,101) (77,573) (53,101) Core deposit intangibles, net (28,296) (30,536) (21,634) (22,895) (12,908) Naming rights, net (5,553) (5,629) (5,703) (5,778) (5,852) Tangible Common Equity $688,053 $676,487 $622,616 $605,646 $563,775         Common shares outstanding at period end 20,567,009 20,767,023 18,944,987 19,111,084 17,527,191 Diluted common shares outstanding at period end 20,811,448 20,946,924 19,196,160 19,279,741 17,680,489         Book value per common share $40.22 $39.37 $38.64 $37.25 $36.27 Tangible book value per common share $33.45 $32.58 $32.86 $31.69 $32.17 Tangible book value per diluted common share $33.06 $32.30 $32.43 $31.41 $31.89                         Total assets $7,725,621 $7,667,370 $6,373,172 $6,365,631 $5,373,837 Goodwill (105,356) (104,958) (82,101) (77,573) (53,101) Core deposit intangibles, net (28,296) (30,536) (21,634) (22,895) (12,908) Naming rights, net (5,553) (5,629) (5,703) (5,778) (5,852) Tangible assets $7,586,416 $7,526,247 $6,263,734 $6,259,385 $5,301,976         Total stockholders' equity to total assets 10.71% 10.66% 11.49% 11.18% 11.83% Tangible common equity to tangible assets 9.07% 8.99% 9.94% 9.68% 10.63% Non-GAAP reconciliationsCalculations of tangible common equity and related measures($ in thousands, except per share data)

Quarter Ended June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 Total average stockholders' equity $824,633 $841,838 $725,651 $715,319 $627,103 Average intangible assets (140,081) (141,742) (108,779) (95,046) (72,406) Average tangible common equity $684,552 $700,096 $616,872 $620,273 $554,697 Net income (loss) allocable to common stockholders 26,439 16,966 22,084 (29,663) 15,264 Net gain on acquisition - - - - - Net (gain) loss on securities transactions 1,213 108 (154) 53,352 (12) Merger expenses 133 5,725 1,481 6,163 355 Loss on debt extinguishment - - - - 1,361 Day 2 Merger provision - 6,099 - 6,228 - Amortization of intangible assets 2,369 2,056 1,390 1,312 1,145 Tax effect of intangible assets amortization (780) (2,937) (571) (14,082) (598) Core net income (loss) allocable to common stockholders $29,374 $28,017 $24,230 $23,310 $17,515 Return on total average stockholders' equity (ROAE) annualized 12.86% 8.17% 12.07% (16.45)% 9.76% Average tangible common equity $684,552 $700,096 $616,872 $620,273 $554,697  Average impact from core earnings adjustments 1,468 2,476 1,073 26,487 1,126 Core average tangible common equity $686,020 $702,572 $617,945 $646,760 $555,823 Return on total average tangible common equity (ROATCE) annualized 16.59% 10.77% 14.91% (18.31)% 11.69% Core return on total average tangible common equity (CROATCE) annualized 17.17% 16.10% 15.56% 14.30% 12.64%                         Non-interest expense $46,885 $54,969 $46,587 $49,082 $40,001 Merger expense (133) (5,725) (1,481) (6,163) (355) Amortization of intangible assets (2,369) (2,056) (1,390) (1,312) (1,145) Loss on debt extinguishment - - - - (1,361) Adjusted non-interest expense $44,383 $47,188 $43,716 $41,607 $37,140 Net interest income $73,872 $73,664 $63,502 $62,485 $49,802 Non-interest income 8,058 9,487 9,532 (44,479) 8,589 Net gains (losses) from securities transactions 1,213 108 (154) 53,352 (12) Adjusted non-interest income $9,271 $9,595 $9,378 $8,873 $8,577 Net interest income plus adjusted non-interest income $83,143 $83,259 $72,880 $71,358 $58,379         Non-interest expense to net interest income plus non-interest income 57.23% 66.11% 63.79% 272.59% 68.51% Efficiency ratio 53.38% 56.68% 59.98% 58.31% 63.62% Average Assets $7,330,174 $7,451,709 $6,141,284 $6,085,064 $5,206,950 Core non-interest expense to average assets 2.43% 2.57% 2.82% 2.71% 2.86% Non-GAAP reconciliationsCalculations of return on average tangible common equity and efficiency ratio($ in thousands, except per share data)

Quarter Ended June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 Net income (loss) allocable to common stockholders 26,439 16,966 22,084 (29,663) 15,264 Amortization of intangible assets 2,369 2,056 1,390 1,312 1,145 Tax effect of adjustments (497) (432) (292) (276) (240) Adjusted net income allocable to common stockholders $28,311 $18,590 $23,182 $(28,627) $16,169 Net (gain) loss on securities transactions 1,213 108 (154) 52,352 (12) Merger expenses 133 5,725 1,481 6,163 355 Loss on debt extinguishment 0 - - - 1,361 Day 2 Merger provision 0 6,099 - 6,228 - Tax effect of adjustments (283) (2,505) (279) (13,806) (358) Core net income (loss) allocable to common stockholders $29,374 $28,017 $24,230 $23,310 $17,515         Total average assets $7,330,174 $7,451,709 $6,141,284 $6,085,064 $5,206,950 Total average stockholders' equity $824,633 $841,838 $725,651 $715,319 $627,103         Weighted Average Diluted Shares 20,825,444 21,263,164 19,235,412 19,129,726 17,651,298         Diluted earnings (loss) per share $1.27 $0.80 $1.15 $(1.55) $0.86 Core earnings (loss) per diluted share $1.41 $1.32 $1.26 $1.21 $0.99 Return on average assets (ROAA) annualized 1.45% 0.92% 1.43% (1.93)% 1.18% Core return on average assets annualized 1.61% 1.52% 1.57% 1.51% 1.35% Return on average equity (ROAE) 12.86% 8.17% 12.07% (16.45)% 9.76% Core return on average equity 14.26% 13.41% 13.23% 12.47% 11.18% Non-GAAP reconciliationsCalculations of return on average assets, average equity and operating income($ in thousands, except per share data)

investor.equitybank.com

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s1.jpg · Sequence: 4

Binary file (540394 bytes)

Download eqbk-ex99_2s1.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s2.jpg · Sequence: 5

Binary file (714855 bytes)

Download eqbk-ex99_2s2.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s3.jpg · Sequence: 6

Binary file (393090 bytes)

Download eqbk-ex99_2s3.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s4.jpg · Sequence: 7

Binary file (496869 bytes)

Download eqbk-ex99_2s4.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s5.jpg · Sequence: 8

Binary file (499206 bytes)

Download eqbk-ex99_2s5.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s6.jpg · Sequence: 9

Binary file (347917 bytes)

Download eqbk-ex99_2s6.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s7.jpg · Sequence: 10

Binary file (241388 bytes)

Download eqbk-ex99_2s7.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s8.jpg · Sequence: 11

Binary file (469445 bytes)

Download eqbk-ex99_2s8.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s9.jpg · Sequence: 12

Binary file (445000 bytes)

Download eqbk-ex99_2s9.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s10.jpg · Sequence: 13

Binary file (277463 bytes)

Download eqbk-ex99_2s10.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s11.jpg · Sequence: 14

Binary file (258675 bytes)

Download eqbk-ex99_2s11.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s12.jpg · Sequence: 15

Binary file (372804 bytes)

Download eqbk-ex99_2s12.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s13.jpg · Sequence: 16

Binary file (311685 bytes)

Download eqbk-ex99_2s13.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s14.jpg · Sequence: 17

Binary file (266449 bytes)

Download eqbk-ex99_2s14.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s15.jpg · Sequence: 18

Binary file (295754 bytes)

Download eqbk-ex99_2s15.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s16.jpg · Sequence: 19

Binary file (514554 bytes)

Download eqbk-ex99_2s16.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s17.jpg · Sequence: 20

Binary file (310530 bytes)

Download eqbk-ex99_2s17.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s18.jpg · Sequence: 21

Binary file (375816 bytes)

Download eqbk-ex99_2s18.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s19.jpg · Sequence: 22

Binary file (307478 bytes)

Download eqbk-ex99_2s19.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s20.jpg · Sequence: 23

Binary file (143291 bytes)

Download eqbk-ex99_2s20.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s21.jpg · Sequence: 24

Binary file (377259 bytes)

Download eqbk-ex99_2s21.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s22.jpg · Sequence: 25

Binary file (520641 bytes)

Download eqbk-ex99_2s22.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s23.jpg · Sequence: 26

Binary file (379332 bytes)

Download eqbk-ex99_2s23.jpg

GRAPHIC

GRAPHIC

Filename: eqbk-ex99_2s24.jpg · Sequence: 27

Binary file (131059 bytes)

Download eqbk-ex99_2s24.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 30

v3.26.1

Document And Entity Information

Jul. 14, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jul. 14, 2026

Entity Registrant Name

EQUITY BANCSHARES, INC.

Entity Central Index Key

0001227500

Entity Emerging Growth Company

false

Securities Act File Number

001-37624

Entity Incorporation, State or Country Code

KS

Entity Tax Identification Number

72-1532188

Entity Address, Address Line One

7701 East Kellogg Drive

Entity Address, Address Line Two

Suite 300

Entity Address, City or Town

Wichita

Entity Address, State or Province

KS

Entity Address, Postal Zip Code

67207

City Area Code

316

Local Phone Number

612.6000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A, Common Stock, par value $0.01 per share

Trading Symbol

EQBK

Security Exchange Name

NYSE

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration