Equity Bancshares, Inc. · NYSE:EQBK
Equity Bancshares — Investor Day (June 2026)
53 slides from Equity Bancshares's investor day presentation, Jun 17, 2026
Slide 1: Equity Bancshares Investor Day 2026
Exhibit 99.1 | EQUITY BANCSHARES, INC. Binvestor Day 52026
Slide 2: 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. These forward-looking statements reflect the current views of the management of Equity Bancshares,
Slide 3: Agenda
Agenda 1 WELCOME & INTRODUCTION Brad Elliott — Chairman & CEO, Equity Bancshares, Inc. 2 PROFITABILITY Chris Navratil — CFO 3 TANGIBLE BOOK VALUE Chris Navratil — CFO 4 ORGANIC GROWTH Rick Sems — CEO, Equity Bank 5 MERGERS & ACQUISITIONS Brad Elliott — Chairman & CEO, Equity Bancshares, Inc. 6 7 TEA
Slide 4: Welcome & Introduction
Chairman & CEO, Equity Bancshares, Inc.
Slide 5: Strategic Execution of Acquisitions
STRATEGIC EXECUTION OF ACQUISITIONS EQBK Growth Since 2010 OVERVIEW $7.7B TOTAL ASSETS $5.4B TOTAL LOANS $6.3B TOTAL DEPOSITS $1.0B MARKET CAPITALIZATION1 8.99% TANGIBLE COMMON EQUITY / TANGIBLE ASSETS2 11.54% COMMON EQUITY TIER 1 14.36% TOTAL RISK-BASED CAPITAL $32.58 TANGIBLE BOOK VALUE PER SHARE2
Slide 6: Markets and Market Share
Equity Bancshares, Inc.| Markets Source: S&P Capital IQ, FDIC Deposit Market data as of 6/30/25. Market rank is based on counties with a EQBK physical presence. 1) Iowa location: loan production office Source: S&P Capital IQ, Deposit Market data as of 6/30/25. Market rank is based on counties with a
Slide 7: Leadership Team
Equity Bancshares, Inc.| Leadership Team NYSE: EQBK 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 Yea
Slide 8: A Year of Transformation
A Year of Transformation Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Over the past twelve months, we have fundamentally reshaped the scale, scope and balance sheet of Equity Bank. Through a strategic acquisition strategy, we expanded our footprin
Slide 9: A Year of Transformation
A Year of Transformation Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Over the past twelve months, we have fundamentally reshaped the scale, scope and balance sheet of Equity Bank. Through a strategic acquisition strategy, we expanded our footprin
Slide 10: A Year of Transformation
A Year of Transformation Non-GAAP Financial Measure. Refer to the Non-GAAP reconciliation at the end of this presentation. Over the past twelve months, we have fundamentally reshaped the scale, scope and balance sheet of Equity Bank. Through a strategic acquisition strategy, we expanded our footprin
Slide 11: Strategy framework: execution, balance sheet, output, result
RESULT ga Shareholder Returns Tangible Book Value Profitability OUTPUT Organic Team Members | TechFocused | Mergers & EXECUTION Growth Who Think Like | Operating Acquisitions Owners Effectiveness Strategy Credit Quality Low-Cost Strong Capital BALANCE & Diversification Core Deposits SHEET
Slide 12: Shareholder Returns
Shareholder Returns Brad Elliott EQUITY EQUITY BANCSHARES, INC. BANCSHARES, INC. CHAIRMAN & CEO
Slide 13: Historical Stock Performance
SHARE PRICE $48.39 as of 6/12/2026 5-YEAR CHANGE 55.85% vs. 21.90% on KRX 3-YEAR CHANGE 92.94% vs. 52.57% on KRX MARKET CAP. $1.0B PRICE / 2026E EPS 9.58x PRICE / TBV 1.50x Historical Stock Performance Source: S&P Global Market Intelligence. Market Data as of 6/12/2026 .
Slide 14: Pricing Multiples vs Proxy Peer Group
PRICE TO 2026 EPS PRICE TO TANGIBLE BOOK VALUE Pricing Multiples vs Proxy Peer Group Source: S&P Capital IQ. Market Data as of 6/12/2026 .
Slide 15: Profitability
Profitability Chris Navratil EQUITY EQUITY BANCSHARES, INC. BANCSHARES, INC. Chief Financial Officer
Slide 16: Compounding Earnings Per Share through Strategic M&A and Organic Growth
Compounding Earnings Per Share through Strategic M&A and Organic Growth Past Results are not necessarily indicative of future performance. Figures presented represent forward looking statements and are not guarantees of future performance and are subject to certain risks, assumptions and uncertainti
Slide 17: Per Share Long-Term Value Drivers
Per Share Long-Term Value Drivers Source: S&P Global Market Intelligence and FactSet. Note: Revenue and Core PTPP per share are based on last-twelve-month periods. Non-GAAP Financial Measure. Net interest income, on a fully tax-equivalent basis if available, fees and other noninterest income, net of
Slide 18: Yields & Costs
Yields & Costs Source: S&P Global Market Intelligence. (1) Proxy group as defined in DEF 14A on 3/12/26. Excludes Guaranty Bancshares, Inc and MidWestOne Financial Group, Inc. due to being acquired. NET INTEREST MARGIN IPO TO CURRENT EQUITY BANCSHARES, INC. PROXY PEER MEDIAN COST OF INTEREST-BEARING
Slide 19: Yields & Costs
Yields & Costs Source: S&P Global Market Intelligence. (1) Proxy group as defined in DEF 14A on 3/12/26. Excludes Guaranty Bancshares, Inc and MidWestOne Financial Group, Inc. due to being acquired. Trended since IPO COST OF INTEREST-BEARING DEPOSITS IPO TO CURRENT COST OF TOTAL DEPOSITS IPO TO CURR
Slide 20: Tangible Book Value
Tangible Book Value Chris Navratil EQUITY EQUITY BANCSHARES, INC. BANCSHARES, INC. Chief Financial Officer
Slide 21: Compounding Tangible Book Value Per Share
Compounding Tangible Book Value Per Share Tangible Book Value per common share. Non-GAAP Measure. For a reconciliation of Non-GAAP measures, please see appendix. Tangible Book Value per common share + Cumulative Dividend per share (DPS) + Cumulative Share Repurchased. Dividends are from 1/1/2016-3/3
Slide 22: Organic Growth
Organic Growth Rick Sems EQUITY EQUITY BANK BANCSHARES, INC. CEO
Slide 23: Organic Growth Strategy
Organic Growth Strategy Deploy four organic growth engines simultaneously; Retail Banking, Commercial Banking, Fee Income, and Small Business. Each with dedicated leadership and clear execution milestones. Commercial asset generation markets: Kansas City · Tulsa · Wichita · Oklahoma City · Omaha · L
Slide 24: Kirksville Market – Since Acquisition
KIRKSVILLE MARKET – SINCE ACQUISITION Bank of Kirksville Kirksville absorbed post merger run-off and rebuilt within a 2-year window, while expanding loan-to-deposit spread
Slide 25: Kansas City + Wichita loan growth
Kansas City + Wichita At a 10.0% CAGR since 2017, Kansas City and Wichita is the blueprint for what Oklahoma City and Omaha-Lincoln can become TOTAL LOANS KANSAS CITY + WICHITA MARKET 10.0% COMPOUND ANNUAL GROWTH RATE SINCE 2017
Slide 26: Metro Markets
Metro Markets Source: S&P Global Market Intelligence and Claritas. Demographic data is provided by Claritas based primarily on US Census data. Niche, Forbes, US News & World Report, WalletHub. Equity Bank's metro markets pair nationally ranked livability with diverse, durable economies; spanning cor
Slide 27: Mergers & Acquisitions
Mergers & Acquisitions Brad Elliott EQUITY EQUITY BANCSHARES, INC. BANCSHARES, INC. CHAIRMAN & CEO
Slide 28: Asset Growth Driven by Strategic M&A and Organic Growth
Asset Growth Driven by Strategic M&A and Organic Growth Past Results are not necessarily indicative of future performance. Figures presented represent forward looking statements and are not guarantees of future performance and are subject to certain risks, assumptions and uncertainties that are diff
Slide 29: Execution on M&A Strategy
Execution on M&A Strategy STRATEGIC EXECUTION OF ACQUISITIONS EQBK Growth Since 2010 Most Recent Acquisition: Frontier Bank Merger Closed on January 1, 2026 # of Acquisitions4 EQBK Total Assets ($M) 1 1 1 3 3 1 1 1 2 1 Total Asset – CAGR +19.7% Total Acquisitions 15 Avg. TBV Earnback 2 YEARS Avg. EP
Slide 30: History of M&A Execution
History of M&A Execution Note: Transaction impact assumes cost savings are fully realized. 1) FDIC deal closed on date of announcement. First Ind. Corp. Community First Bancshares Prairie State Bancshares Eastman National Bancshares Cache Holdings Kansas Bank Corporation Adams Dairy Bancshares City
Slide 31: Robust Acquisition Opportunities
Robust Acquisition Opportunities Source: S&P Global Market Intelligence ASSET SIZE <$300M $300M - $1B $1B - $2B Kansas 120 49 10 Missouri 100 64 18 Arkansas 28 28 10 Oklahoma 94 54 15 Nebraska 80 42 13 Iowa 132 70 15 Total 554 307 81 NUMBER OF BANKS < $2B IN ASSETS Over 940 banks with assets less th
Slide 32: A Disciplined, Repeatable Approach
A Disciplined, Repeatable Approach Effective execution at every layer, from strategic fit through integration Integration Planning & Execution A clear integration strategy, consistent and transparent communication, and disciplined change-management. Strong Regulatory Relationships Earned by being a
Slide 33: Operating Effectiveness
Operating Effectiveness Julie Huber EQuITY EQUITY BANK BANCSHARES, INC. coo
Slide 34: Deploying Technology & AI
Deploying Technology & AI AI at scale: adopted, applied, and governed 120 708 AI-LICENSED USERS 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 Manage
Slide 35: Operating Efficiency
Operating Efficiency 1) Non-GAAP Financial Measure. Noninterest expense excludes any non-recurring expenses including merger expenses, goodwill impairment and loss of debt extinguishment. CORE NONINTEREST EXPENSE / AVERAGE ASSETS1 IPO TO CURRENT EQUITY BANCSHARES, INC. PROXY PEER MEDIAN EFFICIENCY R
Slide 36: Team Members Who Think Like Owners
Team Members Who Think Like Owners Rick Sems EQUITY BANK CEO EQUITY BANCSHARES, INC.
Slide 37: Employees Who Think Like Owners
Employees Who Think Like Owners Creating a culture of ownership to improve client experience 275 PARTICIPANTS IN EMPLOYEE STOCK PURCHASE PLAN 34% OTHER AVENUES OF OWNERSHIP: Restricted Stock Units Performance Restricted Stock Units Non-qualified Stock Options Performance Stock Options 67% OF EMPLOYE
Slide 38: Credit Quality & Diversification
Credit Quality & Diversification Rick Sems EQUITY EQUITY BANK BANCSHARES, INC. CEO
Slide 39: Credit Concentration
Credit Concentration NOO-CRE MULTI-FAMILY NOO-CRE NOO-CRE NON-FARM / NON RESIDENTIAL NOO-CRE CONSTRUCTION
Slide 40: Credit Quality
NON-PERFORMING ASSETS / AVERAGE ASSETs NET CHARGE-OFFS / AVERAGE LOANS Credit Quality
Slide 41: Low-cost Core Deposits
Low-cost Core Deposits Rick Sems EQUITY EQUITY BANK BANCSHARES, INC. CEO
Slide 42: Deposit Franchise by Market
Deposit Franchise by Market Source: S&P Global Market Intelligence, Market Demographics (deposit data as of June 2025). Rank and market share are market-specific and not additive; the Other Markets and Total rows show only summable figures (branches, deposits, % of franchise). “Other Markets” compri
Slide 43: Low-Cost Core Deposits
Low-Cost Core Deposits COST OF INTEREST-BEARING DEPOSITS IPO TO CURRENT EQUITY BANCSHARES, INC. PROXY PEER MEDIAN COST OF TOTAL DEPOSITS IPO TO CURRENT EQUITY BANCSHARES, INC. PROXY PEER MEDIAN
Slide 44: Kansas City + Wichita deposit growth
Kansas City + Wichita At a 5.9% CAGR since 2017, Kansas City and Wichita is the blueprint for what Oklahoma City and Omaha-Lincoln can become TOTAL DEPOSITS KANSAS CITY + WICHITA MARKET 5.9% COMPOUND ANNUAL GROWTH RATE SINCE 2017
Slide 45: Strong Capital
Strong Capital Brad Elliott EQUITY EQUITY BANCSHARES, INC. BANCSHARES, INC. CHAIRMAN & CEO
Slide 46: Enhancing Profitability through Strategic Initiatives
Enhancing Profitability through Strategic Initiatives 1 Capital Priorities Maintain well capitalized regulatory levels Capacity for organic growth Merger & acquisitions Dividend payout ratio targeted at 10-20% Common stock repurchases CAPITAL RATIOS EQUITY BANCSHARES, INC. WELL CAPITALIZED DIVIDENDS
Slide 47: Capital Markets, Acquisitions and Strategic Initiatives
CAPITAL MARKETS ACQUISITIONS $92M Capital Raise December 2024 (deployed $50 million in subsequent acquisitions) $75M Subordinated Debt September 2025 (refinanced 2020 offering) $900M NBC Oklahoma July 2025 $1.4B Frontier Bank January 2026 Focused on Strategic Initiatives +12.4% +17.0% +23.6% INVESTM
Slide 48: Q&A
Q&A EQUITY BANCSHARES, INC.
Slide 49: Non-GAAP Reconciliations
Non-GAAP 4] EQuITY Reconciliations BANCSHARES, INC.
Slide 50: Tangible common equity calculations
Non-GAAP reconciliations Calculations of tangible common equity and related measures Quarter Ended March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Total stockholder's equity $817,610 $732,054 $711,892 $635,636 $617,324 Goodwill (104,958) (82,101) (77,573) (53,101) (5
Slide 51: Return on average tangible common equity and efficiency ratio
Non-GAAP reconciliations Calculations of return on average tangible common equity and efficiency ratio Quarter Ended March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Total average stockholders' equity $841,838 $725,651 $715,319 $627,103 $605,917 Average intangible ass
Slide 52: Return on average assets, average equity and operating income
Non-GAAP reconciliations Calculations of return on average assets, average equity and operating income Quarter Ended March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Net income (loss) allocable to common stockholders 16,966 22,084 (29,663) 15,264 15,041 Amortization o
Slide 53: Equity Bancshares, Inc. investor.equitybank.com
g EQUITY BANCSHARES, INC. investor.equitybank.com