Revenue Update on Equity BancShares Inc(NASDAQ:EQBK)

Equity BancShares Inc(NASDAQ:EQBK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Company reported revenue of $14.65M. Analysts estimated a revenue of $15.30M. Earnings per share were $0.34. Analysts had estimated an EPS of $0.38.

Several Insider Transactions has been reported to the SEC. On Nov 17, 2015, Harvey R Sorensen (director) purchased 1,000 shares at $22.50 per share price.Also, On Nov 17, 2015, Wayne K Goldstein (director) sold 100,000 shares at $22.50 per share price.On Nov 17, 2015, Gary C Allerheiligen (director) purchased 7,000 shares at $22.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Equity Bancshares Inc. is a bank holding company. The Company is primarily engaged in providing a range of banking mortgage banking and financial services to individual and corporate customers in Kansas and Missouri. The Company’s banking subsidiary Equity Bank (the Bank) provides a range of financial services to businesses and business owners as well as individuals. Equity Bank is a Kansas state-chartered bank. The Bank’s loan portfolio consists of various types of loans such as commercial lines of credit working capital loans commercial real estate-backed loans term loans equipment financing acquisition expansion and development loans real estate construction loans homebuilder loans small business administration loans agricultural and agricultural real estate loans letters of credit and other loan products. The Bank offers a range of deposit accounts with a range of interest rates and terms including demand savings money market and time deposits.

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