Countdown to Equity Bancshares (EQBK) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - Equity Bancshares (EQBK) is expected to report quarterly earnings of $0.99 per share, reflecting a decline of 24.4% year over year, while revenues are forecasted to increase by 25.3% to $69.35 million [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 8.4%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Forecast - Analysts project a 'Net Interest Margin' of 4.2%, up from 3.9% in the same quarter last year [5] - The 'Efficiency Ratio' is expected to be 63.7%, compared to 54.7% in the same quarter of the previous year [5] - 'Total Non-Interest Income' is estimated at $9.19 million, slightly down from $9.32 million year-over-year [6] - 'Net Interest Income' is projected to reach $60.16 million, up from $46.03 million in the same quarter last year [6] Stock Performance - Equity Bancshares shares have returned -2.4% over the past month, contrasting with a +3.5% change in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 1 (Strong Buy), suggesting it is expected to outperform the overall market in the near future [6]