Equity Bancshares, Inc. · NYSE:EQBK
Equity Bancshares — Q3 2026 Earnings Presentation
24 slides from Equity Bancshares's earnings presentation, Oct 14, 2026
Slide 1: 3rd Quarter 2026 Financial Results
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Slide 2: Forward Looking Statements
Forward Looking Statements 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 and are intended to be covered by the safe harbor provisions provided by
Slide 3: 3rd Quarter 2026 Financial Highlights
3rd 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 $26.8M Net Income $1.29 Earnings Per Diluted Share 1.43% Return on Average Assets 12.71% Return on Average Equ
Slide 4: M&A Overview
Equity Bancshares, Inc.| M&A Overview SCALE 14 Completed Bank Acquisitions SINCE IPO 2002 2008 2015 2026 GROWTH 4 acquisitions IPO $380M $1.6B Est. Strategic Execution Of Acquisitions Since IPO $5.524 $5.084 $1.55 Core Earnings Per Share2 $7.7B $9.1B START-UP 4 acquisitions Total Closed Acquisitions
Slide 5: Management team
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 Influenti
Slide 6: Our Value Proposition
Our Value Proposition Our guiding principles and commitment to entrepreneurial spirit are part of our longstanding framework for delivering shareholder value Organic Growth Strategic Mergers & Acquisitions Disciplined Credit Standards Effective Balance Sheet & Capital Management EPS & Tangible Book
Slide 7: Tangible Book Value Per Share
Tangible Book Value Per Share | IPO to Current Tangible Book Value Per Share | Quarter over Quarter Walk Tangible Book Value Per Share1 6.96% TBVPS CAGR Q2 2026 Q3 2026 Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation.
Slide 8: Performance Metrics
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 & NIE to Average Asset
Slide 9: Net Income
Net Income Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. 1 Q2 2026 Q3 2026 1 Net interest income was $72.8 million, down from $73.9 million in the prior quarter. A rising cost of funds and a lower yield on earning assets drove the decline. Margin f
Slide 10: Profitability
Profitability Noninterest income is adjusted to exclude any gain/(loss) on securities transactions Revenue Composition1 Profitability Ratios1
Slide 11: Net Interest Margin
Net Interest Margin Quarter over Quarter Net Interest Margin 4.36% Q2 4.20% Q3 Q2 2026 Q3 2026 Cost Analysis Yield Analysis1 Loan Coupon exclusive of the impact of derivatives, purchase accounting, non-accrual, mortgage premium amort, and loan fees
Slide 12: Balance Sheet: Deposits and Loans
$6.2B Total Deposits Deposit Composition Loan Composition Performance Highlights 88.28% Loan-to- Deposit Ratio 91.47% Core Dep. / Total Deposit 2.05% Cost of Total Deposits 2.53% Cost of Int-bearing Deposits 6.72% Yield on Total Loans 6.40% Loan Coupon Yield1 0.15% NCOs / Average Loans 10.42% Classi
Slide 13: Asset Quality Trends
Asset Quality Trends Annual Quarterly Annual Quarterly
Slide 14: Asset Quality Trends
Asset Quality Trends Annual Quarterly Annual Quarterly
Slide 15: Capital Management
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 C
Slide 16: Deploying Technology & AI
Deploying Technology & AI 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 monito
Slide 17: Q4 2026 Outlook on Key Business Drivers
Core Non-interest Income is exclusive of gain / (loss) on securities transactions Core Non-interest Expense is exclusive of merger expenses All forward looking statements in the Q4 2026 outlook exclude the addition of Lincoln Savings Bank Forward Looking Q4 2026 $6,175 – 6,275M $5,475 – 5,575M $6,85
Slide 18: Focus Variables for Outlook & Forecast
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
Slide 19: Our Markets
Our Markets Nebraska Kansas Iowa EQBK Lincoln 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
Slide 20: Non-GAAP Reconciliations
Non-GAAP 4] EQuITY Reconciliations BANCSHARES, INC.
Slide 21: Tangible equity and book value reconciliation
Quarter Ended September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 Total stockholder's equity $815,954 $827,258 $817,610 $732,054 $711,892 Goodwill (105,356) (105,356) (104,958) (82,101) (77,573) Core deposit intangibles, net (26,485) (28,296) (30,536) (21,634) (22,89
Slide 22: Return on tangible equity reconciliation
Quarter Ended September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 Total average stockholders' equity $835,551 $824,633 $841,838 $725,651 $715,319 Average intangible assets (138,093) (140,081) (141,742) (108,779) (95,046) Average tangible common equity $697,458 $684,5
Slide 23: Core net income reconciliation
Quarter Ended September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 Net income (loss) allocable to common stockholders 26,774 26,439 16,966 22,084 (29,663) Amortization of intangible assets 1,942 2,369 2,056 1,390 1,312 Tax effect of adjustments (408) (497) (432) (292)
Slide 24: Equity Bancshares, Inc. investor relations
g EQUITY BANCSHARES, INC. investor.equitybank.com