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Equity Bancshares (Equity Bancshares) Retained Earnings : $153.2 Mil (As of Mar. 2024)


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What is Equity Bancshares Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Equity Bancshares's retained earnings for the quarter that ended in Mar. 2024 was $153.2 Mil.

Equity Bancshares's quarterly retained earnings declined from Sep. 2023 ($171.2 Mil) to Dec. 2023 ($141.0 Mil) but then increased from Dec. 2023 ($141.0 Mil) to Mar. 2024 ($153.2 Mil).

Equity Bancshares's annual retained earnings increased from Dec. 2021 ($88.3 Mil) to Dec. 2022 ($140.1 Mil) and increased from Dec. 2022 ($140.1 Mil) to Dec. 2023 ($141.0 Mil).


Equity Bancshares Retained Earnings Historical Data

The historical data trend for Equity Bancshares's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equity Bancshares Retained Earnings Chart

Equity Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.76 50.79 88.32 140.10 141.01

Equity Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 150.81 160.72 171.19 141.01 153.20

Equity Bancshares Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Equity Bancshares  (NYSE:EQBK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Equity Bancshares (Equity Bancshares) Business Description

Traded in Other Exchanges
Address
7701 East Kellogg Drive, Suite 300, Wichita, KS, USA, 67207
Equity Bancshares Inc is a bank holding company. The company's operations involve the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Executives
James S Loving director C/O CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Krzysztof Slupkowski officer: Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Chris M Navratil officer: Chief Financial Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
David Pass officer: Chief Information Officer 821 17TH STREET, DENVER CO 80202
Ann Knutson officer: Chief Human Resources Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Richard M Sems officer: President 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gary C Allerheiligen director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Gregory L Gaeddert director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Eric R Newell officer: Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Julie A Huber officer: EVP and Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brett A Reber officer: General Counsel 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Craig L Anderson officer: Chief Operating Officer 1670 BROADWAY, DENVER CO 80202
Edwin G Lawson officer: Chief Information Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gregory H Kossover director, officer: EVP and CFO 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brad S Elliott director, officer: Chief Executive Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207