Equity Bancshares (EQBK) Financials

Equity Bancshares Inc (EQBK) is a financial holding company that operates through its subsidiary Equity Bank. The company provides a range of financial services to individuals and businesses, including banking, lending, and wealth management. As of December 31, 2020, Equity Bancshares had total assets of $5.1 billion and total liabilities of $4.5 billion. The company's stockholders' equity was $590 million. Equity Bancshares reported total revenue of $176.8 million for the year ended December 31, 2020. This represents an increase of 9.7% compared to the previous year. The company's gross profit for the same period was $144.3 million. Net income attributable to stockholders was $43.4 million.

In terms of financial performance, Equity Bancshares has shown consistent growth over the years. The company's EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization, was $99.7 million in 2020. This indicates the company's ability to generate operating income from its core business activities. Equity Bancshares' EBIT, or earnings before interest and taxes, was $64.8 million. This figure reflects the company's profitability before accounting for interest and tax expenses. The company's cash equivalents stood at $156.4 million as of December 31, 2020. This indicates the amount of readily available cash or assets that can be converted into cash within a short period of time.

Equity Bancshares' balance sheet indicates a sound financial position. The company has a net debt of $347.5 million, which represents its total debt minus its cash equivalents. Despite having a certain level of debt, the company's stockholders' equity of $590 million demonstrates a strong level of financial stability. Equity Bancshares' financing cash flow for the year ended December 31, 2020, was $188.3 million. This figure represents the net cash flow from financing activities, such as issuing or repurchasing equity or debt securities. The company's investing cash flow was $19.5 million, reflecting the net cash flow from investing activities, such as acquiring or disposing of assets or investments.

Equity Bancshares' operating cash flow for the year ended December 31, 2020, was $103.8 million. This represents the net cash flow from operating activities, such as cash generated from its core business operations. The company's free cash flow, which is the cash flow available to the company after deducting capital expenditures, was $84.3 million. This figure indicates the company's ability to generate cash flow that can be used for future investments or distributions to shareholders. Overall, Equity Bancshares Inc (EQBK) has demonstrated strong financial performance and stability, positioning it as a reliable player in the financial services industry.