Ahead of Equity Bancshares (EQBK) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Insights - Analysts forecast that Equity Bancshares (EQBK) will report quarterly earnings of $0.82 per share, reflecting a year-over-year decline of 20.4% [1] - Expected revenues are projected to be $55.94 million, showing no change compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 3.9% over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics - Analysts estimate that the 'Average Outstanding Balance - Total interest-earning assets' will reach $4.80 billion, up from $4.74 billion in the same quarter last year [5] - The 'Net Interest Margin' is expected to be 4.0%, compared to 3.8% a year ago [5] - The 'Efficiency ratio' is forecasted to be 66.5%, slightly higher than the previous year's 65.2% [5] - 'Total Non-Interest Income' is estimated at $8.35 million, down from $11.73 million year-over-year [6] - 'Net Interest Income' is projected to be $47.59 million, an increase from $44.18 million in the prior year [6] Stock Performance - Equity Bancshares shares have decreased by 6.1% in the past month, compared to a 5.3% decline in the Zacks S&P 500 composite [7] - With a Zacks Rank 2 (Buy), EQBK is expected to outperform the overall market in the near term [7]