EQUITY BANCSHARES INC Earnings Per Share Disclosure
NOTE 18 – EARNINGS PER SHARE
Earnings per share were computed as shown below.
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2025 |
|
|
2024 |
|
|
2023 |
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Basic: |
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|
|
|
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|
|
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Net income (loss) allocable to common stockholders |
|
$ |
22,726 |
|
|
$ |
62,621 |
|
|
$ |
7,821 |
|
Weighted average common shares outstanding |
|
|
18,293,651 |
|
|
|
15,486,928 |
|
|
|
15,531,712 |
|
Weighted average vested restricted stock units |
|
|
2,439 |
|
|
|
2,442 |
|
|
|
4,060 |
|
Weighted average shares |
|
|
18,296,090 |
|
|
|
15,489,370 |
|
|
|
15,535,772 |
|
Basic earnings (losses) per common share |
|
$ |
1.24 |
|
|
$ |
4.04 |
|
|
$ |
0.50 |
|
Diluted: |
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|
|
|
|
|
|
|
|
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Net income (loss) allocable to common stockholders |
|
$ |
22,726 |
|
|
$ |
62,621 |
|
|
$ |
7,821 |
|
Weighted average common shares outstanding for: |
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|
|
|
|
|
|
|
|
|||
Basic earnings per common share |
|
|
18,296,090 |
|
|
|
15,489,370 |
|
|
|
15,535,772 |
|
Dilutive effects of the assumed exercise of |
|
|
58,953 |
|
|
|
72,760 |
|
|
|
37,952 |
|
Dilutive effects of the assumed redemption of RSUs |
|
|
100,087 |
|
|
|
108,049 |
|
|
|
72,448 |
|
Dilutive effects of the assumed exercise of |
|
|
1,546 |
|
|
|
1,495 |
|
|
|
2,670 |
|
Average shares and dilutive potential common shares |
|
|
18,456,676 |
|
|
|
15,671,674 |
|
|
|
15,648,842 |
|
Diluted earnings (losses) per common share |
|
$ |
1.23 |
|
|
$ |
4.00 |
|
|
$ |
0.50 |
|
Average outstanding stock options and RSUs not included in the computation of diluted earnings (loss) because they were antidilutive are shown below.
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|
2025 |
|
|
2024 |
|
|
2023 |
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Stock options |
|
|
229,567 |
|
|
|
181,918 |
|
|
|
272,414 |
|
Restricted stock units |
|
|
13,363 |
|
|
|
5,415 |
|
|
|
66,279 |
|
Total antidilutive shares |
|
|
242,930 |
|
|
|
187,333 |
|
|
|
338,693 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 6, 2026 | Showing above |
| 2024 | Mar 7, 2025 | |
| 2023 | Mar 7, 2024 | |
| 2022 | Mar 9, 2023 | |
| 2021 | Mar 9, 2022 | |
| 2020 | Mar 9, 2021 | |
| 2019 | Mar 10, 2020 | |
| 2018 | Mar 20, 2019 | |
| 2017 | Mar 16, 2018 | |
| 2016 | Mar 16, 2017 | |
| 2015 | Mar 17, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.