Equity Bancshares Inc.
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Penke I guess you are interested in Equity Bancshares Inc.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Equity Bancshares Inc.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Equity Bancshares Inc. (30 sec.)

What can you expect buying and holding a share of Equity Bancshares Inc.? (30 sec.)

How much money do you get?

$0.32

When do you have the money?

1 year

How often do you get paid?

62.5%

What is your share worth?

Current worth

$29.34

Expected worth in 1 year

$32.15

How sure are you?

72.5%

+ What do you gain per year?

Total Gains per Share

$3.14

Return On Investment

9.2%

For what price can you sell your share?

Current Price per Share

$34.04

Expected price per share

$30.98 - $34.30

How sure are you?

50%

1. Valuation of Equity Bancshares Inc. (5 min.)

Live pricePrice per Share (EOD)

$34.04

Book Value per Share

$29.34

2. Growth of Equity Bancshares Inc. (5 min.)

Is Equity Bancshares Inc. growing?

	Current year	Previous year	Grow	Grow %
How rich?	$456.7m	$414.7m	$21.7m	5.0%

How much money is Equity Bancshares Inc. making?

	Current year	Previous year	Grow	Grow %
Making money	$2.3m	$13.5m	-$11.1m	-468.3%
Net Profit Margin	172.7%	27.9%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Equity Bancshares Inc. (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Equity Bancshares Inc.? (5 min.)

Welcome investor! Equity Bancshares Inc.'s management wants to use your money to grow the business. In return you get a share of Equity Bancshares Inc..

What can you expect buying and holding a share of Equity Bancshares Inc.?

First you should know what it really means to hold a share of Equity Bancshares Inc.. And how you can make/lose money.

Speculation

The Price per Share of Equity Bancshares Inc. is $34.04. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Equity Bancshares Inc..
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Equity Bancshares Inc., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $29.34. Based on the TTM, the Book Value Change Per Share is $0.70 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.07 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.08 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Equity Bancshares Inc..

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.90	2.7%	0.15	0.4%	0.84	2.5%	0.26	0.8%	0.26	0.8%
Usd Book Value Change Per Share	-0.04	-0.1%	0.70	2.1%	-0.07	-0.2%	0.06	0.2%	0.51	1.5%
Usd Dividend Per Share	0.00	0.0%	0.08	0.2%	0.09	0.3%	0.51	1.5%	0.25	0.7%
Usd Total Gains Per Share	-0.04	-0.1%	0.78	2.3%	0.02	0.1%	0.56	1.7%	0.76	2.2%
Usd Price Per Share	34.37	-	28.78	-	28.96	-	27.23	-	24.70	-
Price to Earnings Ratio	9.51	-	5.05	-	8.77	-	11.83	-	20.38	-
Price-to-Total Gains Ratio	-973.76	-	-190.97	-	-7.35	-	-33.34	-	-8.94	-
Price to Book Ratio	1.17	-	1.02	-	1.13	-	0.99	-	1.10	-
Price-to-Total Gains Ratio	-973.76	-	-190.97	-	-7.35	-	-33.34	-	-8.94	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	34.04
Number of shares	29

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.08	0.51
Usd Book Value Change Per Share	0.70	0.06
Usd Total Gains Per Share	0.78	0.56
Gains per Quarter (29 shares)	22.73	16.31
Gains per Year (29 shares)	90.94	65.24

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	9	82	81	59	6	55
2	19	163	172	118	13	120
3	28	245	263	176	19	185
4	37	327	354	235	26	250
5	47	408	445	294	32	315
6	56	490	536	353	39	380
7	65	571	627	411	45	445
8	74	653	718	470	52	510
9	84	735	809	529	58	575
10	93	816	900	588	65	640

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	18.0	2.0	0.0	90.0%	37.0	3.0	0.0	92.5%	39.0	3.0	0.0	92.9%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	8.0	4.0	0.0	66.7%	13.0	7.0	0.0	65.0%	27.0	11.0	2.0	67.5%	28.0	11.0	3.0	66.7%
Dividend per Share	3.0	0.0	1.0	75.0%	11.0	0.0	1.0	91.7%	14.0	0.0	6.0	70.0%	25.0	0.0	15.0	62.5%	27.0	0.0	15.0	64.3%
Total Gains per Share	3.0	1.0	0.0	75.0%	8.0	4.0	0.0	66.7%	13.0	7.0	0.0	65.0%	29.0	11.0	0.0	72.5%	31.0	11.0	0.0	73.8%

Fundamentals of Equity Bancshares Inc.

About Equity Bancshares Inc.

https://www.equitybank.com
Banks - Regional
717
7701 East Kellogg Drive, Wichita, KS, United States, 67207
Google Maps Bing Maps

Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products. The company's loan products also comprise 1 " 4 family residential mortgages, agriculture, consumer, residential real estate mortgage, and agricultural real estate and production loans. It also provides debit and credit cards; insurance brokerage; trust and wealth management; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. It operates a network of branches in Arkansas, Kansas, Missouri, and Oklahoma. Equity Bancshares, Inc. was incorporated in 2002 and is headquartered in Wichita, Kansas.

Fundamental data was last updated by Penke on 2024-04-22 10:06:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Equity Bancshares Inc..

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Equity Bancshares Inc. earns for each $1 of revenue.

Above 10% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
A Net Profit Margin of 19.6% means that $0.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Equity Bancshares Inc.:

The MRQ is 19.6%. The company is making a huge profit. +2
The TTM is 172.7%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	19.6%	TTM	172.7%	-153.1%
TTM	172.7%	YOY	27.9%	+144.8%
TTM	172.7%	5Y	41.9%	+130.8%
5Y	41.9%	10Y	30.0%	+12.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	19.6%	18.4%	+1.2%
TTM	172.7%	28.0%	+144.7%
YOY	27.9%	25.2%	+2.7%
5Y	41.9%	22.8%	+19.1%
10Y	30.0%	19.8%	+10.2%

Measures how much net profit Equity Bancshares Inc. earns for each $1 of revenue.

Revenue is the amount of profit Equity Bancshares Inc. generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Equity Bancshares Inc. earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

You typically want a high profit margin. This means that for each $1 in sales, Equity Bancshares Inc. makes more profit. This shows the investor how efficiently Equity Bancshares Inc. is operating in general and compared to other companies in the same industry. Equity Bancshares Inc. operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Equity Bancshares Inc.. If profit margins remain low (compared to the Banks - Regional industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Equity Bancshares Inc. is 0.20. This means that Equity Bancshares Inc. earned $0.20 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Banks - Regional industry is 18.4%.
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Equity Bancshares Inc. with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Equity Bancshares Inc. sells assets (profit will increase while costs remain the same).
It won’t show what part of Equity Bancshares Inc. is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Equity Bancshares Inc.

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Equity Bancshares Inc. = 14,068
Total revenue MRQ Equity Bancshares Inc. = 71,767
$14,068 / $71,767 = 0.20 or 19.6%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Equity Bancshares Inc. is using its assets to generate profit.

Above 5% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
0.3% Return on Assets means that Equity Bancshares Inc. generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Equity Bancshares Inc.:

The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.0%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.3%	TTM	0.0%	+0.2%
TTM	0.0%	YOY	0.3%	-0.2%
TTM	0.0%	5Y	0.1%	0.0%
5Y	0.1%	10Y	0.1%	-0.1%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.3%	0.1%	+0.2%
TTM	0.0%	0.2%	-0.2%
YOY	0.3%	0.2%	+0.1%
5Y	0.1%	0.2%	-0.1%
10Y	0.1%	0.2%	-0.1%

Shows how efficient Equity Bancshares Inc. is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Equity Bancshares Inc. is using its resources to generate profit. If the return on assets (0.3%) from Equity Bancshares Inc. are higher than the Banks - Regional mean (0.1%) that means Equity Bancshares Inc. is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Equity Bancshares Inc. is 0.3%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.1%.
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Equity Bancshares Inc.

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Equity Bancshares Inc. = 14,068
Total assets MRQ (balance sheet) from Equity Bancshares Inc. = 5,239,036
14,068 / 5,239,036 = 0.00 or 0.3%

ROA is an important ratio as it will tell you how effectively Equity Bancshares Inc. is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Equity Bancshares Inc. is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
3.1% Return on Equity means Equity Bancshares Inc. generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Equity Bancshares Inc.:

The MRQ is 3.1%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	3.1%	TTM	0.6%	+2.4%
TTM	0.6%	YOY	3.3%	-2.7%
TTM	0.6%	5Y	1.0%	-0.3%
5Y	1.0%	10Y	1.3%	-0.3%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	3.1%	1.4%	+1.7%
TTM	0.6%	2.5%	-1.9%
YOY	3.3%	2.7%	+0.6%
5Y	1.0%	2.5%	-1.5%
10Y	1.3%	2.8%	-1.5%

Shows how efficient Equity Bancshares Inc. is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Banks - Regional industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Equity Bancshares Inc. is 3.1%. This means Equity Bancshares Inc. generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 1.4%.
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if Equity Bancshares Inc. existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Equity Bancshares Inc.

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Equity Bancshares Inc. = 14,068
Shareholders equity (balance sheet) MRQ Equity Bancshares Inc. = 456,776
14,068 / 456,776 = 0.03 or 3.1%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Equity Bancshares Inc..

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Equity Bancshares Inc. is operating .

Measures how much profit Equity Bancshares Inc. makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
An Operating Margin of 51.9% means the company generated $0.52 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Equity Bancshares Inc.:

The MRQ is 51.9%. The company is operating very efficient. +2
The TTM is 256.8%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	51.9%	TTM	256.8%	-204.9%
TTM	256.8%	YOY	55.3%	+201.5%
TTM	256.8%	5Y	79.0%	+177.8%
5Y	79.0%	10Y	61.5%	+17.4%

Measures how efficient Equity Bancshares Inc. is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Equity Bancshares Inc. is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Equity Bancshares Inc. is 51.9%. This means that Equity Bancshares Inc. earned $0.52 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Equity Bancshares Inc.

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Equity Bancshares Inc. = 17,761
Total revenue MRQ Equity Bancshares Inc. = 71,767
$17,761 / $71,767 = 0.52 or 51.9%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Equity Bancshares Inc. is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.02 means that the operating costs are $0.02 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Equity Bancshares Inc.:

The MRQ is 0.019. The company is very efficient in keeping operating costs low. +2
The TTM is 1.693. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	0.019	TTM	1.693	-1.674
TTM	1.693	YOY	0.264	+1.430
TTM	1.693	5Y	0.043	+1.650
5Y	0.043	10Y	0.151	-0.109

Measures how efficient Equity Bancshares Inc. is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Equity Bancshares Inc. is 1.9%. This means that Equity Bancshares Inc. earned $0.02 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Equity Bancshares Inc.

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(0 +1,392) \ 71,767 = 0.02

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Equity Bancshares Inc..

1.3. Liquidity

1.3.1. Current Ratio

Measures if Equity Bancshares Inc. is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 7.36 means the company has $7.36 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Equity Bancshares Inc.:

The MRQ is 7.358. The company is very able to pay all its short-term debts. +2
The TTM is 28.820. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	7.358	TTM	28.820	-21.462
TTM	28.820	YOY	41.019	-12.199
TTM	28.820	5Y	89.607	-60.787
5Y	89.607	10Y	115.021	-25.414

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	28.820	0.124	+28.696
YOY	41.019	0.225	+40.794
5Y	89.607	0.219	+89.388
10Y	115.021	0.131	+114.890

Measures if Equity Bancshares Inc. is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Equity Bancshares Inc. if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Equity Bancshares Inc. is 7.36. This means Equity Bancshares Inc. has $7.36 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Equity Bancshares Inc.

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
235,018 \ 31,941) = 7.36

The current ratio measures if Equity Bancshares Inc. is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Equity Bancshares Inc. is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Equity Bancshares Inc. does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Equity Bancshares Inc. is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Equity Bancshares Inc. is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
A Quick Ratio of 42.38 means the company can pay off $42.38 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Equity Bancshares Inc.:

The MRQ is 42.385. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 58.520. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	42.385	TTM	58.520	-16.135
TTM	58.520	YOY	76.884	-18.364
TTM	58.520	5Y	64.487	-5.967
5Y	64.487	10Y	44.953	+19.533

Measures if Equity Bancshares Inc. is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Equity Bancshares Inc. can pay off its short term debts. This shows if Equity Bancshares Inc. can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Equity Bancshares Inc. is 42.38. This means that Equity Bancshares Inc. can pay off $42.38 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Equity Bancshares Inc.

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Equity Bancshares Inc.: (235,018 + 1,091,717 +27,082) / 31,941 = 42.38

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Equity Bancshares Inc..

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Equity Bancshares Inc. assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Equity Bancshares Inc. to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.91 means that Equity Bancshares Inc. assets are financed with 91.3% credit (debt) and the remaining percentage (100% - 91.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Equity Bancshares Inc.:

The MRQ is 0.913. The company is just able to pay all its debts by selling its assets.
The TTM is 0.914. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.913	TTM	0.914	-0.001
TTM	0.914	YOY	0.918	-0.004
TTM	0.914	5Y	0.903	+0.011
5Y	0.903	10Y	0.897	+0.007

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.913	0.915	-0.002
TTM	0.914	0.917	-0.003
YOY	0.918	0.919	-0.001
5Y	0.903	0.919	-0.016
10Y	0.897	0.927	-0.030

Measures how much % of Equity Bancshares Inc. assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Equity Bancshares Inc. than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Equity Bancshares Inc. to Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Equity Bancshares Inc. is 0.91. This means means that Equity Bancshares Inc. is financed with 91.3% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Equity Bancshares Inc. has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Equity Bancshares Inc.

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
4,782,260 \ 5,239,036 = 91.3% or 0.91.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Equity Bancshares Inc. is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
A Debt to Equity ratio of 1,047.0% means that company has $10.47 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Equity Bancshares Inc.:

The MRQ is 10.470. The company is unable to pay all its debts with equity. -1
The TTM is 10.648. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	10.470	TTM	10.648	-0.178
TTM	10.648	YOY	11.149	-0.502
TTM	10.648	5Y	9.518	+1.129
5Y	9.518	10Y	8.847	+0.671

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	10.470	10.829	-0.359
TTM	10.648	11.013	-0.365
YOY	11.149	11.363	-0.214
5Y	9.518	11.437	-1.919
10Y	8.847	13.038	-4.191

Measures if Equity Bancshares Inc. is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Equity Bancshares Inc. is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Equity Bancshares Inc. is 10.47. This means that Equity Bancshares Inc. can pay off $10.47 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.83.
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Equity Bancshares Inc.

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
4,782,260 \ 456,776 = 10.47 or 1,047.0%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Equity Bancshares Inc.

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Equity Bancshares Inc. generates.

Above 15 is considered overpriced but always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
A PE ratio of 9.51 means the investor is paying $9.51 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Equity Bancshares Inc.:

The EOD is 9.418. Based on the earnings, the company is underpriced. +1
The MRQ is 9.509. Based on the earnings, the company is underpriced. +1
The TTM is 5.046. Based on the earnings, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	9.418	MRQ	9.509	-0.091
MRQ	9.509	TTM	5.046	+4.463
TTM	5.046	YOY	8.766	-3.720
TTM	5.046	5Y	11.830	-6.783
5Y	11.830	10Y	20.383	-8.554

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	9.418	7.676	+1.742
MRQ	9.509	6.680	+2.829
TTM	5.046	5.295	-0.249
YOY	8.766	6.943	+1.823
5Y	11.830	9.770	+2.060
10Y	20.383	9.943	+10.440

Measures how much money you pay for each share for every $1 in earnings Equity Bancshares Inc. generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Equity Bancshares Inc. to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Equity Bancshares Inc. is 9.51. This means the investor is paying $9.51 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 6.68.
What is the trend?
The trend is important because it shows you how Equity Bancshares Inc. is performing over time. The most recent quarter might be important if Equity Bancshares Inc. released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Equity Bancshares Inc. up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Equity Bancshares Inc.

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 15,569 = EPS
PE ratio MRQ = 9.51

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Equity Bancshares Inc.:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	6.130	-6.130
TTM	6.130	YOY	6.998	-0.869
TTM	6.130	5Y	10.310	-4.180
5Y	10.310	10Y	14.099	-3.789

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	-	-1.868	+1.868
TTM	6.130	-0.342	+6.472
YOY	6.998	6.448	+0.550
5Y	10.310	0.429	+9.881
10Y	14.099	0.091	+14.008

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Equity Bancshares Inc. is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 1.17 means the investor is paying $1.17 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Equity Bancshares Inc.:

The EOD is 1.160. Based on the equity, the company is underpriced. +1
The MRQ is 1.172. Based on the equity, the company is underpriced. +1
The TTM is 1.016. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.160	MRQ	1.172	-0.011
MRQ	1.172	TTM	1.016	+0.155
TTM	1.016	YOY	1.135	-0.119
TTM	1.016	5Y	0.988	+0.029
5Y	0.988	10Y	1.101	-0.113

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	1.160	0.443	+0.717
MRQ	1.172	0.386	+0.786
TTM	1.016	0.470	+0.546
YOY	1.135	0.642	+0.493
5Y	0.988	0.795	+0.193
10Y	1.101	1.025	+0.076

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Equity Bancshares Inc..

3.1. Institutions holding Equity Bancshares Inc.

Institutions are holding 67.299% of the shares of Equity Bancshares Inc..

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	T. Rowe Price Investment Management,Inc.	9.1198	0.0311	1410197	-1511	-0.107
2023-12-31	BlackRock Inc	8.1709	0.0011	1263466	39973	3.2671
2023-09-30	FJ Capital Management LLC	6.6473	2.8	1027876	0	0
2023-12-31	Patriot Financial Partners GP, LLC	5.5643	11.1312	860414	51900	6.4192
2023-12-31	Dimensional Fund Advisors, Inc.	4.8826	0.0075	754999	30253	4.1743
2023-12-31	Vanguard Group Inc	4.8063	0.0006	743201	-21181	-2.771
2023-09-30	RMB Capital Management, LLC	2.9102	0.3705	450000	0	0
2023-12-31	Mendon Capital Advisors Corp	2.8029	6.0964	433406	-46060	-9.6065
2023-12-31	Manufacturers Life Insurance Co	2.3964	0.0075	370554	-29881	-7.4621
2023-12-31	Geode Capital Management, LLC	1.9587	0.0011	302872	18812	6.6225
2023-12-31	State Street Corporation	1.9436	0.0005	300534	-18508	-5.8011
2023-12-31	American Century Companies Inc	1.0591	0.0038	163773	24121	17.2722
2023-12-31	Bridgeway Capital Management, LLC	1.0389	0.1168	160640	6215	4.0246
2023-12-31	Northern Trust Corp	0.9129	0.0009	141169	2089	1.502
2023-12-31	Banc Funds Co LLC	0.845	0.4366	130658	-7634	-5.5202
2023-12-31	LSV Asset Management	0.584	0.0067	90301	90301	0
2023-12-31	Morgan Stanley - Brokerage Accounts	0.564	0.0003	87204	20944	31.6088
2023-12-31	UMB Bank NA	0.5119	0.0392	79152	0	0
2023-12-31	Renaissance Technologies Corp	0.5115	0.0042	79100	-1800	-2.225
2023-12-31	Bank of New York Mellon Corp	0.5016	0.0005	77557	4476	6.1247
Total		57.7319	21.0565	8927073	+162509	+1.8%

3.2. Funds holding Equity Bancshares Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-31	T. Rowe Price US Small-Cap Core Equity	4.1338	0.2221	633625	-800	-0.1261
2024-03-31	T. Rowe Price Small-Cap Stock	4.1338	0.2225	633625	-800	-0.1261
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.894	0.0009	443588	0	0
2024-02-29	RMB Mendon Financial Services A	2.6096	7.072	400000	0	0
2024-03-28	iShares Russell 2000 ETF	2.5034	0.0201	383722	186	0.0485
2024-03-31	T. Rowe Price Instl Small-Cap Stock	2.1421	0.2454	328332	0	0
2024-03-31	T. Rowe Price U.S. SC Core Eq Tr-Z	1.9763	0.2136	302916	800	0.2648
2024-03-31	Vanguard Institutional Extnd Mkt Idx Tr	1.3179	0.0066	202002	4646	2.3541
2024-03-29	Avantis US Small Cap Value ETF	1.1443	0.0556	175399	0	0
2024-02-29	JHancock Regional Bank A	1.1181	0.7364	171373	-2579	-1.4826
2024-01-31	Fidelity Small Cap Index	0.9695	0.0197	148599	720	0.4869
2024-02-29	JH Financial Opportunities	0.9607	0.684	147255	0	0
2024-02-29	DFA US Small Cap I	0.9293	0.0292	142442	0	0
2024-03-28	iShares Russell 2000 Value ETF	0.9286	0.039	142338	-90	-0.0632
2024-02-29	DFA US Targeted Value I	0.6833	0.0258	104736	6100	6.1844
2024-03-29	Dimensional US Targeted Value ETF	0.6824	0.0358	104597	0	0
2023-12-31	Bridgeway Omni Small-Cap Value N	0.5937	0.2407	91000	0	0
2023-12-31	Bridgeway Omni Small-Cap Value	0.5937	0.2402	91000	0	0
2024-03-31	State St Russell Sm/Mid Cp® Indx NL Cl C	0.59	0.0072	90438	4500	5.2363
2024-03-31	Foundry Partners Micro Cap Value	0.5296	0.5021	81175	81175	0
Total		31.4341	10.6189	4818162	+93858	+1.9%

3.3. Insider Transactions

Insiders are holding 7.182% of the shares of Equity Bancshares Inc..

Date	Owner	Type	Amount	Price	Post Transaction Amount
2023-05-19	John G Creech	SELL	238	22.81	7353
2023-05-09	Gary C Allerheiligen	BUY	2000	21.12	2000
2023-05-03	Gregory L Gaeddert	BUY	160	21.85	18611
2023-03-20	Gregory L Gaeddert	BUY	500	24.7	18451
2023-03-14	Eric R Newell	BUY	1000	26.8	42522
2023-03-13	Gregory L Gaeddert	BUY	500	25.23	17951
2023-03-10	Eric R Newell	BUY	2000	27.7	41522
2023-03-09	Gregory L Gaeddert	BUY	1500	28.33	16451
2023-03-08	Brett A Reber	SELL	1031	29.85	26250
2023-03-08	Craig L Anderson	SELL	1719	29.85	21880
2023-03-08	Julie A Huber	SELL	938	29.85	54050
2023-02-23	Julie A Huber	SELL	116	30.34	51499
2023-02-13	Craig L Anderson	SELL	1275	30.65	32445
2023-02-13	Julie A Huber	SELL	887	30.65	51615
2022-11-17	Edwin G Lawson	SELL	53	36.48	2749
2022-11-10	Gregory H Kossover	SELL	5000	37.49	66449
2022-11-07	Brad S Elliott	SELL	7487	36.05	106364
2022-11-02	Gregory H Kossover	SELL	35	35.99	66449
2022-10-31	Gregory H Kossover	SELL	4662	35.8	66449
2022-10-27	Brad S Elliott	SELL	1986	35.27	106364

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Equity Bancshares Inc. compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.035	0.704	-105%	-0.068	+92%	0.056	-163%	0.505	-107%
Book Value Per Share	-	-	29.338	28.144	+4%	25.599	+15%	27.729	+6%	22.021	+33%
Current Ratio	-	-	7.358	28.820	-74%	41.019	-82%	89.607	-92%	115.021	-94%
Debt To Asset Ratio	-	-	0.913	0.914	0%	0.918	-1%	0.903	+1%	0.897	+2%
Debt To Equity Ratio	-	-	10.470	10.648	-2%	11.149	-6%	9.518	+10%	8.847	+18%
Dividend Per Share	-	-	-	0.080	-100%	0.090	-100%	0.507	-100%	0.255	-100%
Eps	-	-	0.904	0.150	+502%	0.838	+8%	0.261	+246%	0.260	+247%
Gross Profit Margin	-	-	0.912	0.936	-3%	0.900	+1%	0.896	+2%	0.886	+3%
Market Cap	521758312.000	-3%	535114263.250	446335225.548	+20%	469463967.708	+14%	431303174.566	+24%	387573996.270	+38%
Net Profit Margin	-	-	0.196	1.727	-89%	0.279	-30%	0.419	-53%	0.300	-35%
Operating Margin	-	-	0.519	2.568	-80%	0.553	-6%	0.790	-34%	0.615	-16%
Operating Ratio	-	-	0.019	1.693	-99%	0.264	-93%	0.043	-55%	0.151	-87%
Pb Ratio	1.160	-1%	1.172	1.016	+15%	1.135	+3%	0.988	+19%	1.101	+6%
Pe Ratio	9.418	-1%	9.509	5.046	+88%	8.766	+8%	11.830	-20%	20.383	-53%
Price Per Share	34.040	-1%	34.370	28.780	+19%	28.958	+19%	27.229	+26%	24.701	+39%
Price To Free Cash Flow Ratio	-	-	-	6.130	-100%	6.998	-100%	10.310	-100%	14.099	-100%
Price To Total Gains Ratio	-964.409	+1%	-973.759	-190.965	-80%	-7.349	-99%	-33.338	-97%	-8.937	-99%
Quick Ratio	-	-	42.385	58.520	-28%	76.884	-45%	64.487	-34%	44.953	-6%
Return On Assets	-	-	0.003	0.000	+494%	0.003	-1%	0.001	+249%	0.001	+111%
Return On Equity	-	-	0.031	0.006	+389%	0.033	-6%	0.010	+224%	0.013	+138%
Total Gains Per Share	-	-	-0.035	0.784	-105%	0.022	-257%	0.562	-106%	0.760	-105%
Usd Book Value	-	-	456776000.000	436550250.000	+5%	414775500.000	+10%	437848100.000	+4%	345527275.000	+32%
Usd Book Value Change Per Share	-	-	-0.035	0.704	-105%	-0.068	+92%	0.056	-163%	0.505	-107%
Usd Book Value Per Share	-	-	29.338	28.144	+4%	25.599	+15%	27.729	+6%	22.021	+33%
Usd Dividend Per Share	-	-	-	0.080	-100%	0.090	-100%	0.507	-100%	0.255	-100%
Usd Eps	-	-	0.904	0.150	+502%	0.838	+8%	0.261	+246%	0.260	+247%
Usd Free Cash Flow	-	-	-	11416500.000	-100%	19452750.000	-100%	14630350.000	-100%	9221475.000	-100%
Usd Market Cap	521758312.000	-3%	535114263.250	446335225.548	+20%	469463967.708	+14%	431303174.566	+24%	387573996.270	+38%
Usd Price Per Share	34.040	-1%	34.370	28.780	+19%	28.958	+19%	27.229	+26%	24.701	+39%
Usd Profit	-	-	14068000.000	2391500.000	+488%	13590250.000	+4%	4336950.000	+224%	4124900.000	+241%
Usd Revenue	-	-	71767000.000	40507000.000	+77%	48706500.000	+47%	42172550.000	+70%	31883400.000	+125%
Usd Total Gains Per Share	-	-	-0.035	0.784	-105%	0.022	-257%	0.562	-106%	0.760	-105%
	EOD	+4 -3	MRQ	TTM	+16 -16	YOY	+17 -15	5Y	+16 -16	10Y	+16 -16

4.2. Fundamental Score

Let's check the fundamental score of Equity Bancshares Inc. based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	9.418
Price to Book Ratio (EOD)	Between	0-1	1.160
Net Profit Margin (MRQ)	Greater than	0	0.196
Operating Margin (MRQ)	Greater than	0	0.519
Quick Ratio (MRQ)	Greater than	1	42.385
Current Ratio (MRQ)	Greater than	1	7.358
Debt to Asset Ratio (MRQ)	Less than	1	0.913
Debt to Equity Ratio (MRQ)	Less than	1	10.470
Return on Equity (MRQ)	Greater than	0.15	0.031
Return on Assets (MRQ)	Greater than	0.05	0.003
Total			6/10 (60.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Equity Bancshares Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	34.440
Total			1/1 (100.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2023-03-31		2023-06-30		2023-09-30		2023-12-31		2024-03-31
Long-term Assets Other		-1,352,759	87,748	-1,265,011	34,457	-1,230,554	135,742	-1,094,812	5,911,083	4,816,271
Depreciation and Amortization		918	0	918	-119	799	1,286	2,085	-21,548	-19,463

Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	5,239,036
Total Liabilities	4,782,260
Total Stockholder Equity	456,776

	As reported
Total Liabilities	4,782,260
Total Stockholder Equity	+ 456,776
Total Assets	= 5,239,036

Assets

Total Assets	5,239,036
Total Current Assets	235,018
Long-term Assets	5,004,018

Total Current Assets

Total Current Assets (as reported)	235,018
Cash And Cash Equivalents	235,018
Short-term Investments	1,091,717
Net Receivables	27,082
Total Current Assets (calculated)	1,353,817
+/-	1,118,799

Long-term Assets

Long-term Assets (as reported)	5,004,018
Property Plant Equipment	116,792
Goodwill	53,101
Intangible Assets	17,854
Long-term Assets Other	4,816,271
Long-term Assets (calculated)	5,004,018
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	31,941
Long-term Liabilities	4,750,319
Total Stockholder Equity	456,776

Total Current Liabilities

Total Current Liabilities (as reported)	31,941
Total Current Liabilities (calculated)	0
+/-	31,941

Long-term Liabilities

Long-term Liabilities (as reported)	4,750,319
Long-term Liabilities (calculated)	0
+/-	4,750,319

Total Stockholder Equity

Total Stockholder Equity (as reported)	456,776
Common Stock	208
Retained Earnings	153,201
Accumulated Other Comprehensive Income	-60,788
Other Stockholders Equity	364,155
Total Stockholder Equity (calculated)	456,776
+/-	0

Other

Cash and Short Term Investments	235,018
Common Stock Shares Outstanding	15,569
Liabilities and Stockholders Equity	5,239,036
Net Debt	-137,960
Net Working Capital	203,077
Short Long Term Debt Total	97,058

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

> Total Assets

1,140,074
0
0
0
1,175,323
1,239,706
1,351,479
1,414,091
1,585,727
1,528,729
1,544,857
1,557,082
2,192,192
2,399,256
2,408,624
2,405,426
3,170,509
3,176,062
3,712,185
3,931,036
4,061,716
4,065,354
4,180,074
4,074,663
3,949,578
3,943,832
4,205,269
3,865,571
4,013,356
4,196,184
4,268,216
4,263,268
5,139,775
5,078,623
5,002,156
5,000,415
4,981,651
5,156,716
5,094,883
4,945,267
5,034,592
5,239,036

5,239,036

5,034,592

4,945,267

5,094,883

5,156,716

4,981,651

5,000,415

5,002,156

5,078,623

5,139,775

4,263,268

4,268,216

4,196,184

4,013,356

3,865,571

4,205,269

3,943,832

3,949,578

4,074,663

4,180,074

4,065,354

4,061,716

3,931,036

3,712,185

3,176,062

3,170,509

2,405,426

2,408,624

2,399,256

2,192,192

1,557,082

1,544,857

1,528,729

1,585,727

1,414,091

1,351,479

1,239,706

1,175,323

1,140,074

> Total Current Assets

0
0
0
0
805,650
12,786
913,494
940,937
1,085,552
1,054,514
1,093,763
1,045,448
1,516,647
1,652,727
1,659,031
1,669,707
2,293,681
2,302,985
2,647,355
2,810,953
2,910,606
2,909,282
3,009,156
2,916,180
2,797,635
2,793,759
3,123,901
2,932,206
3,004,459
3,061,138
3,090,133
1,314,587
1,604,621
1,459,581
1,407,825
1,372,498
1,309,033
1,453,690
1,378,712
1,264,034
1,308,434
235,018

235,018

1,308,434

1,264,034

1,378,712

1,453,690

1,309,033

1,372,498

1,407,825

1,459,581

1,604,621

1,314,587

3,090,133

3,061,138

3,004,459

2,932,206

3,123,901

2,793,759

2,797,635

2,916,180

3,009,156

2,909,282

2,910,606

2,810,953

2,647,355

2,302,985

2,293,681

1,669,707

1,659,031

1,652,727

1,516,647

1,045,448

1,093,763

1,054,514

1,085,552

940,937

913,494

12,786

805,650

Cash And Cash Equivalents

20,608
0
0
0
37,188
12,786
24,854
17,913
41,521
29,171
30,658
25,920
37,887
38,788
28,434
31,185
51,530
46,022
53,695
66,936
197,726
171,758
185,569
171,392
91,471
144,487
180,293
66,033
280,399
136,439
138,869
141,645
259,131
89,764
103,126
155,039
101,662
249,982
262,604
183,404
363,289
235,018

235,018

363,289

183,404

262,604

249,982

101,662

155,039

103,126

89,764

259,131

141,645

138,869

136,439

280,399

66,033

180,293

144,487

91,471

171,392

185,569

171,758

197,726

66,936

53,695

46,022

51,530

31,185

28,434

38,788

37,887

25,920

30,658

29,171

41,521

17,913

24,854

12,786

37,188

20,608

Short-term Investments

4,007
0
0
0
52,985
0
72,103
109,906
130,810
113,821
74,976
102,391
95,732
103,178
92,435
81,116
162,272
174,717
180,238
172,388
168,875
166,355
161,082
152,680
142,067
187,812
177,228
798,576
871,827
998,100
1,041,614
1,157,423
1,327,442
1,352,894
1,288,180
1,198,962
1,184,390
1,183,247
1,094,748
1,057,009
919,648
1,091,717

1,091,717

919,648

1,057,009

1,094,748

1,183,247

1,184,390

1,198,962

1,288,180

1,352,894

1,327,442

1,157,423

1,041,614

998,100

871,827

798,576

177,228

187,812

142,067

152,680

161,082

166,355

168,875

172,388

180,238

174,717

162,272

81,116

92,435

103,178

95,732

102,391

74,976

113,821

130,810

109,906

72,103

52,985

4,007

Net Receivables

0
0
0
0
3,589
0
3,977
4,374
4,540
4,353
4,323
4,712
6,991
9,189
9,062
9,761
12,371
12,450
14,343
17,129
17,372
16,423
16,702
16,994
15,738
15,549
19,598
18,110
15,831
16,655
15,064
15,519
18,048
16,923
16,519
18,497
20,630
20,461
21,360
23,621
25,497
27,082

27,082

25,497

23,621

21,360

20,461

20,630

18,497

16,519

16,923

18,048

15,519

15,064

16,655

15,831

18,110

19,598

15,549

15,738

16,994

16,702

16,423

17,372

17,129

14,343

12,450

12,371

9,761

9,062

9,189

6,991

4,712

4,323

4,353

4,540

4,374

3,977

3,589

Other Current Assets

0
0
0
0
711,888
0
812,560
808,744
908,681
907,169
983,806
912,425
1,376,037
1,501,572
1,529,100
1,547,645
2,067,508
2,069,796
2,399,079
2,554,500
2,526,633
2,554,746
2,645,803
2,575,114
2,548,359
2,445,911
2,746,782
2,049,487
1,836,402
1,909,944
1,894,587
1,655,967
823
18,498
18,233
20,015
2,766
0
23,816
24,248
0
0

24,248

23,816

2,766

20,015

18,233

18,498

823

1,655,967

1,894,587

1,909,944

1,836,402

2,049,487

2,746,782

2,445,911

2,548,359

2,575,114

2,645,803

2,554,746

2,526,633

2,554,500

2,399,079

2,069,796

2,067,508

1,547,645

1,529,100

1,501,572

1,376,037

912,425

983,806

907,169

908,681

808,744

812,560

711,888

> Long-term Assets

0
0
0
0
369,673
55,265
437,985
473,154
500,175
474,215
451,094
511,634
675,545
746,529
749,593
735,719
876,828
873,077
1,064,830
1,120,083
1,151,110
1,156,072
1,170,918
1,158,483
1,151,943
1,150,073
1,081,368
933,365
1,008,897
1,135,046
1,178,083
1,292,714
1,500,824
1,524,357
1,455,047
1,364,227
1,351,527
1,352,759
1,265,011
1,230,554
1,094,812
5,004,018

5,004,018

1,094,812

1,230,554

1,265,011

1,352,759

1,351,527

1,364,227

1,455,047

1,524,357

1,500,824

1,292,714

1,178,083

1,135,046

1,008,897

933,365

1,081,368

1,150,073

1,151,943

1,158,483

1,170,918

1,156,072

1,151,110

1,120,083

1,064,830

873,077

876,828

735,719

749,593

746,529

675,545

511,634

451,094

474,215

500,175

473,154

437,985

55,265

369,673

Property Plant Equipment

37,500
0
0
0
36,434
36,088
40,666
40,497
39,147
38,871
39,103
39,909
50,515
53,637
54,693
55,596
63,449
62,572
73,312
79,607
80,442
81,496
84,942
84,481
84,478
84,732
87,055
86,087
89,412
90,322
90,876
90,727
104,038
103,168
101,212
100,566
101,492
104,789
106,186
110,271
112,632
116,792

116,792

112,632

110,271

106,186

104,789

101,492

100,566

101,212

103,168

104,038

90,727

90,876

90,322

89,412

86,087

87,055

84,732

84,478

84,481

84,942

81,496

80,442

79,607

73,312

62,572

63,449

55,596

54,693

53,637

50,515

39,909

39,103

38,871

39,147

40,497

40,666

36,088

36,434

37,500

Goodwill

18,130
0
0
0
18,130
18,130
18,130
18,130
18,130
18,130
18,130
18,130
58,874
64,521
64,587
64,587
104,907
103,412
125,485
131,723
131,712
136,432
136,432
136,432
136,432
136,432
136,432
31,601
31,601
31,601
31,601
31,601
56,609
54,465
53,101
53,101
53,101
53,101
53,101
53,101
53,101
53,101

53,101

54,465

56,609

31,601

136,432

131,712

131,723

125,485

103,412

104,907

64,587

64,521

58,874

18,130

Long Term Investments

0
0
0
0
318,282
0
0
1,155,659
1,268,892
1,351,027
1,370,567
1,405,367
1,847,712
2,034,788
2,057,450
2,066,019
2,646,587
2,649,141
3,111,258
3,303,316
3,315,282
3,344,279
928,032
916,843
911,126
909,804
839,750
3,499,255
3,442,208
3,746,924
1,041,614
1,157,423
1,327,442
1,352,894
1,288,180
1,198,962
1,186,338
1,185,191
1,096,964
1,059,221
921,857
0

921,857

1,059,221

1,096,964

1,185,191

1,186,338

1,198,962

1,288,180

1,352,894

1,327,442

1,157,423

1,041,614

3,746,924

3,442,208

3,499,255

839,750

909,804

911,126

916,843

928,032

3,344,279

3,315,282

3,303,316

3,111,258

2,649,141

2,646,587

2,066,019

2,057,450

2,034,788

1,847,712

1,405,367

1,370,567

1,351,027

1,268,892

1,155,659

318,282

Intangible Assets

19,600
0
0
0
1,107
1,047
986
926
1,549
1,462
1,376
1,289
4,715
5,954
5,719
5,476
10,738
10,355
19,800
22,466
21,725
22,296
21,512
20,727
19,907
19,105
18,131
17,101
16,057
15,023
13,993
12,963
14,879
13,830
12,554
11,598
10,596
9,678
8,760
7,961
7,222
17,854

17,854

7,222

7,961

8,760

9,678

10,596

11,598

12,554

13,830

14,879

12,963

13,993

15,023

16,057

17,101

18,131

19,105

19,907

20,727

21,512

22,296

21,725

22,466

19,800

10,355

10,738

5,476

5,719

5,954

4,715

1,289

1,376

1,462

1,549

926

986

1,047

1,107

19,600

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
945,736
973,352
960,992
951,012
950,721
878,877
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

878,877

950,721

951,012

960,992

973,352

945,736

Long-term Assets Other

0
0
0
0
-369,673
-55,265
-437,985
-473,154
893,373
891,754
968,262
916,498
1,378,829
1,505,039
1,533,322
1,551,365
2,066,843
2,072,672
2,405,083
2,560,057
2,531,541
2,559,051
2,649,954
2,578,453
2,550,539
2,448,146
2,748,785
2,049,681
-961,239
-1,088,422
-1
175,461
-2,144
250,731
-166,867
-1,364,227
-1,351,527
-1,352,759
-1,265,011
-1,230,554
-1,094,812
4,816,271

4,816,271

-1,094,812

-1,230,554

-1,265,011

-1,352,759

-1,351,527

-1,364,227

-166,867

250,731

-2,144

175,461

-1

-1,088,422

-961,239

2,049,681

2,748,785

2,448,146

2,550,539

2,578,453

2,649,954

2,559,051

2,531,541

2,560,057

2,405,083

2,072,672

2,066,843

1,551,365

1,533,322

1,505,039

1,378,829

916,498

968,262

891,754

893,373

-473,154

-437,985

-55,265

-369,673

> Total Liabilities

1,000,201
0
0
0
1,057,594
1,119,232
1,229,731
1,288,037
1,418,494
1,373,637
1,386,669
1,395,834
1,934,228
2,120,050
2,122,566
2,113,591
2,796,365
2,794,575
3,278,903
3,487,799
3,605,775
3,611,891
3,721,668
3,607,613
3,471,518
3,466,481
3,725,503
3,463,399
3,605,707
3,798,369
3,855,221
3,845,519
4,639,144
4,626,608
4,574,041
4,604,609
4,571,593
4,731,593
4,676,448
4,527,137
4,581,732
4,782,260

4,782,260

4,581,732

4,527,137

4,676,448

4,731,593

4,571,593

4,604,609

4,574,041

4,626,608

4,639,144

3,845,519

3,855,221

3,798,369

3,605,707

3,463,399

3,725,503

3,466,481

3,471,518

3,607,613

3,721,668

3,611,891

3,605,775

3,487,799

3,278,903

2,794,575

2,796,365

2,113,591

2,122,566

2,120,050

1,934,228

1,395,834

1,386,669

1,373,637

1,418,494

1,288,037

1,229,731

1,119,232

1,057,594

1,000,201

> Total Current Liabilities

0
0
0
0
3,112
579
8,354
16,263
14,442
5,742
7,270
11,702
7,364
7,950
8,376
7,789
31,026
9,897
10,620
12,064
46,175
15,836
16,449
16,940
18,534
18,932
20,633
22,609
19,071
20,930
18,897
36,804
47,413
35,422
37,572
32,729
32,834
32,446
34,467
39,460
36,459
31,941

31,941

36,459

39,460

34,467

32,446

32,834

32,729

37,572

35,422

47,413

36,804

18,897

20,930

19,071

22,609

20,633

18,932

18,534

16,940

16,449

15,836

46,175

12,064

10,620

9,897

31,026

7,789

8,376

7,950

7,364

11,702

7,270

5,742

14,442

16,263

8,354

579

3,112

Short-term Debt

0
0
0
0
70,370
0
0
190,809
145,439
121,340
170,430
194,138
259,588
257,068
257,408
190,021
347,692
355,836
557,619
570,907
384,898
264,954
5,254
5,314
4,762
389,620
344,900
87,537
87,684
87,684
9,208
88,030
95,885
50,000
80,000
186,001
138,864
111,222
0
0
0
0

111,222

138,864

186,001

80,000

50,000

95,885

88,030

9,208

87,684

87,537

344,900

389,620

4,762

5,314

5,254

264,954

384,898

570,907

557,619

355,836

347,692

190,021

257,408

257,068

259,588

194,138

170,430

121,340

145,439

190,809

70,370

Short Long Term Debt

0
0
0
0
70,370
0
0
0
194,310
121,340
170,430
194,138
293,948
274,767
292,508
235,315
401,698
414,415
1,850
5,292
4,829
4,571
5,254
5,314
4,762
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

4,762

5,314

5,254

4,571

4,829

5,292

1,850

414,415

401,698

235,315

292,508

274,767

293,948

194,138

170,430

121,340

194,310

70,370

Accounts payable

947,144
0
0
0
3,112
0
8,354
16,263
5,423
5,742
7,270
11,702
7,364
7,950
8,376
7,789
10,733
9,897
10,620
12,064
13,687
15,836
16,449
16,940
18,534
18,932
20,633
22,609
19,071
20,930
18,897
36,804
49,557
35,422
37,572
32,729
32,834
32,446
34,467
39,460
36,459
0

36,459

39,460

34,467

32,446

32,834

32,729

37,572

35,422

49,557

36,804

18,897

20,930

19,071

22,609

20,633

18,932

18,534

16,940

16,449

15,836

13,687

12,064

10,620

9,897

10,733

7,789

8,376

7,950

7,364

11,702

7,270

5,742

5,423

16,263

8,354

3,112

947,144

Other Current Liabilities

0
0
0
0
-3,112
0
-8,354
-16,263
9,019
-5,742
-7,270
-11,702
-7,364
-7,950
-8,376
-7,789
20,293
-9,897
-10,620
-12,064
32,488
-15,836
-16,449
-16,940
-18,534
-18,932
-20,633
-22,609
-19,071
-20,930
-18,897
-36,804
-2,144
-35,422
-37,572
-32,729
-32,834
-32,446
-34,467
-39,460
-36,459
0

-36,459

-39,460

-34,467

-32,446

-32,834

-32,729

-37,572

-35,422

-2,144

-36,804

-18,897

-20,930

-19,071

-22,609

-20,633

-18,932

-18,534

-16,940

-16,449

-15,836

32,488

-12,064

-10,620

-9,897

20,293

-7,789

-8,376

-7,950

-7,364

-11,702

-7,270

-5,742

9,019

-16,263

-8,354

-3,112

> Long-term Liabilities

0
0
0
0
45,069
22,228
190,327
218,983
173,302
108,849
157,019
178,187
273,272
270,822
271,233
203,917
364,160
372,314
590,107
609,505
414,608
287,788
474,535
439,348
347,924
444,258
400,475
255,399
97,828
97,714
97,116
88,030
95,885
146,010
176,135
32,729
32,834
32,446
336,653
336,787
336,921
4,750,319

4,750,319

336,921

336,787

336,653

32,446

32,834

32,729

176,135

146,010

95,885

88,030

97,116

97,714

97,828

255,399

400,475

444,258

347,924

439,348

474,535

287,788

414,608

609,505

590,107

372,314

364,160

203,917

271,233

270,822

273,272

178,187

157,019

108,849

173,302

218,983

190,327

22,228

45,069

Long term Debt Total

0
0
0
0
0
0
0
28,174
27,863
0
0
0
13,684
13,754
13,825
13,896
16,468
16,478
32,488
38,598
29,710
22,834
29,717
29,255
23,551
54,638
55,575
87,537
87,684
87,788
87,908
88,030
95,885
96,010
96,135
96,263
96,392
236,522
0
0
0
0

236,522

96,392

96,263

96,135

96,010

95,885

88,030

87,908

87,788

87,684

87,537

55,575

54,638

23,551

29,255

29,717

22,834

29,710

38,598

32,488

16,478

16,468

13,896

13,825

13,754

13,684

27,863

28,174

Long-term Liabilities Other

0
0
0
0
0
0
0
25,274
23,855
0
0
0
23,141
20,188
23,280
33,392
39,459
44,067
43,128
44,984
54,033
47,397
44,791
44,396
41,544
42,894
57,128
51,773
41,218
45,195
51,653
57,908
73,698
65,506
68,563
63,005
61,696
64,470
0
0
0
0

64,470

61,696

63,005

68,563

65,506

73,698

57,908

51,653

45,195

41,218

51,773

57,128

42,894

41,544

44,396

44,791

47,397

54,033

44,984

43,128

44,067

39,459

33,392

23,280

20,188

23,141

23,855

25,274

> Total Stockholder Equity

139,873
139,873
0
0
117,729
120,474
121,748
126,054
167,233
155,092
158,188
161,248
257,964
279,206
286,058
291,835
374,144
381,487
433,282
443,237
455,941
453,463
458,406
467,050
478,060
477,351
479,766
402,172
407,649
397,815
412,995
417,749
500,631
452,015
428,115
395,806
410,058
425,123
418,435
418,130
452,860
456,776

456,776

452,860

418,130

418,435

425,123

410,058

395,806

428,115

452,015

500,631

417,749

412,995

397,815

407,649

402,172

479,766

477,351

478,060

467,050

458,406

453,463

455,941

443,237

433,282

381,487

374,144

291,835

286,058

279,206

257,964

161,248

158,188

155,092

167,233

126,054

121,748

120,474

117,729

139,873

Common Stock

76
0
0
0
76
76
78
78
97
97
97
97
132
137
137
137
161
161
173
173
173
173
173
174
174
174
174
174
174
175
176
178
203
204
204
204
205
206
207
207
207
208

208

207

206

205

204

203

178

176

175

174

173

161

137

132

Retained Earnings

13,947
0
0
0
24,832
27,230
29,756
32,449
34,955
38,394
41,239
43,911
44,328
49,192
55,546
60,703
65,512
74,212
81,079
91,401
101,326
95,868
105,337
115,743
125,757
127,015
128,704
38,300
50,787
53,459
68,625
79,226
88,324
102,632
116,576
130,114
140,095
150,810
160,715
171,188
141,006
153,201

153,201

141,006

171,188

160,715

150,810

140,095

130,114

116,576

102,632

88,324

79,226

68,625

53,459

50,787

38,300

128,704

127,015

125,757

115,743

105,337

95,868

101,326

91,401

81,079

74,212

65,512

60,703

55,546

49,192

44,328

43,911

41,239

38,394

34,955

32,449

29,756

27,230

24,832

13,947

Capital Surplus

0
0
0
0
0
0
0
98,876
138,077
0
0
0
236,103
252,197
252,469
253,027
331,339
332,075
377,800
378,516
379,085
379,931
381,133
382,155
382,731
383,850
384,955
386,017
386,820
387,939
389,394
392,321
478,862
480,106
480,897
482,668
484,989
486,658
0
0
0
0

486,658

484,989

482,668

480,897

480,106

478,862

392,321

389,394

387,939

386,820

386,017

384,955

383,850

382,731

382,155

381,133

379,931

379,085

378,516

377,800

332,075

331,339

253,027

252,469

252,197

236,103

138,077

98,876

Treasury Stock

-111,313

-101,720

-96,262

-92,136

-80,915

-68,534

-63,451

-58,650

-55,777

-49,870

-43,349

-37,414

-30,522

-26,863

-19,655

-2,434

Other Stockholders Equity

0
107,981
0
0
78,743
76,807
77,966
78,963
118,180
118,395
118,583
118,649
216,206
232,372
232,644
233,215
311,563
312,299
358,024
358,740
359,309
360,189
354,187
351,556
352,132
346,393
347,498
342,625
336,907
332,162
330,744
328,870
410,328
399,191
388,761
386,406
383,269
375,345
367,738
368,782
369,567
364,155

364,155

369,567

368,782

367,738

375,345

383,269

386,406

388,761

399,191

410,328

328,870

330,744

332,162

336,907

342,625

347,498

346,393

352,132

351,556

354,187

360,189

359,309

358,740

358,024

312,299

311,563

233,215

232,644

232,372

216,206

118,649

118,583

118,395

118,180

78,963

77,966

76,807

78,743

107,981

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Accounts Payable	36,459	32,834	49,557	19,071	18,534	13,687	10,733	7,364	5,423	3,112	6,339	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-57,920	-113,511	1,776	19,781	-3	-4,867	-3,092	-2,702	-2,371	-2,281	-2,606	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	207	205	203	174	174	173	0	0	0	0	0	0
Capital Surpluse	0	484,989	478,862	386,820	382,731	379,085	331,339	236,103	138,077	0	0	0
Cash	363,289	101,662	259,131	280,399	91,471	197,726	51,530	37,887	41,521	37,188	24,603	100,371
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	1,282,937	1,288,403	1,586,573	1,152,226	233,538	366,601	213,802	133,619	172,331	90,173	90,053	100,371
Common Stock	207	205	203	174	174	173	161	132	97	76	76	138,169
Common Stock Shares Outstanding	15,507	16,438	15,306	15,099	15,843	15,709	12,746	8,760	6,573	6,859	6,859	5,868
Common Stock Total Equity	0	205	203	174	174	173	161	132	97	76	76	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	951,012	954,491	732,117	587,631	481,664	0	0	0
Good Will	53,101	53,101	56,609	31,601	136,432	131,712	104,907	58,874	18,130	18,130	18,130	0
Intangible Assets	7,222	10,596	14,879	16,057	19,907	21,725	10,738	4,715	1,549	1,107	1,470	0
Inventory	0	4,409	9,523	11,733	8,529	6,428	7,907	8,656	5,811	5,683	8,348	0
Liabilities And Stockholders Equity	5,034,592	4,981,651	5,139,775	4,013,356	3,949,578	4,061,716	3,170,509	2,192,192	1,585,727	1,175,323	1,140,074	0
Long Term Debt	336,921	235,256	95,885	87,684	347,924	414,608	364,160	273,272	27,863	42,015	17,915	0
Long Term Debt Total	0	96,392	95,885	87,684	23,551	29,710	16,468	13,684	27,863	0	0	0
Long Term Investments	921,857	1,186,338	1,327,442	3,442,208	911,126	917,231	697,734	561,441	446,288	318,282	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-26,368	133,594	-163,246	-182,571	256,453	216,882	312,630	235,385	131,781	7,881	-6,688	-100,371
Net Invested Capital	789,781	645,314	596,516	505,477	825,984	870,549	738,304	0	0	0	0	0
Net Receivables	25,497	20,630	18,048	15,831	15,738	17,372	12,371	6,991	4,540	3,589	3,757	0
Net Tangible Assets	0	346,361	429,143	359,991	321,721	302,504	258,499	194,375	131,182	82,133	0	0
Net Working Capital	1,271,975	1,276,199	1,555,064	1,148,986	230,742	2,896,919	2,262,655	1,509,283	1,071,110	802,538	726,778	0
Non Current Assets Total	170,361	1,351,527	1,502,968	1,008,897	1,151,943	1,151,110	876,828	675,545	500,175	369,673	406,957	0
Non Current Liabilities Other	0	61,696	73,698	41,218	41,544	54,033	39,459	23,141	23,855	0	0	0
Non Current Liabilities Total	336,921	32,834	95,885	97,828	347,924	414,608	364,160	273,272	173,302	45,069	17,915	57,553
Non Currrent Assets Other	-924,451	-1,351,527	-1,502,968	-1,008,897	-1,151,943	2,531,541	2,066,843	1,378,829	893,373	-369,673	-406,957	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	3,555,797	2,321,091	2,032,186	1,836,402	2,548,359	5,212,826	4,047,337	2,867,737	2,085,902	1,544,996	1,547,031	976,418
Other Current Assets	0	2,766	2,032,186	1,836,402	2,548,359	2,526,633	2,067,508	1,376,037	908,681	711,888	639,307	0
Other Current Liab	-36,459	-32,834	-49,557	-19,071	-18,534	-13,687	20,293	-7,364	9,019	-3,112	-6,339	0
Other Liab	0	32,284	17,692	5,189	11,728	13,227	10,722	9,101	7,533	6,258	9,692	0
Other Stockholder Equity	369,567	383,269	410,328	336,907	352,132	359,309	311,563	216,206	118,180	78,743	93,958	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	16,372	16,359	31,892	0
Property Plant And Equipment Gross	147,947	132,451	130,756	89,412	84,478	80,442	63,449	50,515	39,147	36,434	37,500	0
Property Plant And Equipment Net	112,632	101,492	104,038	89,412	84,478	80,442	63,449	50,515	39,147	36,434	37,500	0
Property Plant Equipment	0	101,492	104,038	89,412	88,631	80,442	63,449	50,515	39,147	36,434	37,500	0
Retained Earnings	141,006	140,095	88,324	50,787	125,757	101,326	65,512	44,328	34,955	24,832	16,553	0
Retained Earnings Total Equity	0	140,095	88,324	50,787	125,757	101,326	65,512	44,328	34,955	0	0	0
Short Long Term Debt	0	0	0	0	4,762	4,829	401,698	293,948	194,310	70,370	0	0
Short Long Term Debt Total	336,921	235,256	95,885	97,828	347,924	414,608	364,160	273,272	173,302	45,069	17,915	0
Short Term Debt	0	138,864	95,885	87,684	4,762	4,829	401,698	293,948	194,310	70,370	0	0
Short Term Investments	919,648	1,184,390	1,327,442	871,827	142,067	168,875	162,272	95,732	130,810	52,985	65,450	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	5,034,592	4,981,651	5,139,775	4,013,356	3,949,578	4,061,716	3,170,509	2,192,192	1,585,727	1,175,323	1,140,074	0
Total Current Assets	1,308,434	1,309,033	1,604,621	1,168,057	249,276	2,910,606	2,293,681	1,516,647	1,085,552	805,650	733,117	100,371
Total Current Liabilities	36,459	32,834	49,557	19,071	18,534	13,687	31,026	7,364	14,442	3,112	6,339	0
Total Liab	4,581,732	4,571,593	4,639,144	3,605,707	3,471,518	3,605,775	2,796,365	1,934,228	1,418,494	1,057,594	1,000,201	57,553
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	452,860	410,058	500,631	407,649	478,060	455,941	374,144	257,964	167,233	117,729	139,873	138,169
Treasury Stock	0	-101,720	-68,534	-49,870	-30,522	-19,655	-19,655	-19,655	-19,655	-19,655	-2,434	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31
Accounts Payable	0	36,459	39,460	34,467	32,446	32,834	32,729	37,572	35,422	49,557	36,804	18,897	20,930	19,071	22,609	20,633	18,932	18,534	16,940	16,449	15,836	13,687	12,064	10,620	9,897	10,733	7,789	8,376	7,950	7,364	11,702	7,270	5,742	5,423	16,263	8,354	0	3,112	0	0	0	947,144
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-60,788	-57,920	-122,047	-110,225	-101,238	-113,511	-120,918	-77,426	-50,012	1,776	9,475	13,450	12,019	19,781	21,074	3,390	3,769	-3	-423	-1,291	-2,767	-4,867	-7,077	-5,994	-5,185	-3,092	-2,220	-2,269	-2,495	-2,702	-1,409	-1,731	-1,794	-2,371	-1,801	-2,415	0	-2,281	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	0	207	207	207	206	205	204	204	204	203	178	176	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	486,658	484,989	482,668	480,897	480,106	478,862	392,321	389,394	387,939	386,820	386,017	384,955	383,850	382,731	382,155	381,133	379,931	379,085	378,516	377,800	332,075	331,339	253,027	252,469	252,197	236,103	0	0	0	138,077	98,876	0	0	0	0	0	0	0
Cash	235,018	363,289	183,404	262,604	249,982	101,662	155,039	103,126	89,764	259,131	141,645	138,869	136,439	280,399	66,033	180,293	144,487	91,471	171,392	185,569	171,758	197,726	66,936	53,695	46,022	51,530	31,185	28,434	38,788	37,887	25,920	30,658	29,171	41,521	17,913	24,854	12,786	37,188	0	0	0	20,608
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	235,018	1,282,937	1,240,413	1,357,352	1,433,229	1,288,403	1,354,001	1,391,306	1,442,658	1,586,573	1,299,068	1,180,482	1,134,539	1,152,226	864,609	357,521	332,299	233,538	324,072	346,651	338,113	366,601	239,324	233,933	220,739	213,802	112,301	120,869	141,966	133,619	128,311	105,634	142,992	172,331	127,819	96,957	12,786	90,173	0	0	0	0
Common Stock	208	207	207	207	206	205	204	204	204	203	178	176	175	174	174	174	174	174	174	173	173	173	173	173	161	161	137	137	137	132	97	97	97	97	78	78	76	76	0	0	0	76
Common Stock Shares Outstanding	15,569	15,417	15,507	15,554	16,028	16,204	16,273	16,313	16,869	17,141	14,669	14,675	14,734	14,934	15,040	15,355	15,725	15,685	15,708	15,918	16,067	15,754	16,137	15,607	15,019	14,873	12,501	12,445	12,081	10,425	8,347	8,371	8,388	7,371	6,859	6,859	6,859	6,859	6,859	6,156	7,000	0
Common Stock Total Equity	0	0	0	0	206	205	204	204	204	203	178	176	175	174	174	174	174	174	174	173	173	173	173	173	161	161	137	137	137	132	97	97	97	97	78	78	0	76	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	878,877	950,721	951,012	960,992	973,352	945,736	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	53,101	53,101	53,101	53,101	53,101	53,101	53,101	53,101	54,465	56,609	31,601	31,601	31,601	31,601	31,601	136,432	136,432	136,432	136,432	136,432	136,432	131,712	131,723	125,485	103,412	104,907	64,587	64,587	64,521	58,874	18,130	18,130	18,130	18,130	18,130	18,130	18,130	18,130	0	0	0	18,130
Intangible Assets	17,854	7,222	7,961	8,760	9,678	10,596	11,598	12,554	13,830	14,879	12,963	13,993	15,023	16,057	17,101	18,131	19,105	19,907	20,727	21,512	22,296	21,725	22,466	19,800	10,355	10,738	5,476	5,719	5,954	4,715	1,289	1,376	1,462	1,549	926	986	1,047	1,107	0	0	0	19,600
Inventory	0	0	3,369	4,362	0	4,409	10,412	12,969	9,897	9,523	10,267	10,861	10,559	11,733	8,727	9,379	6,003	8,529	6,065	5,764	6,382	6,372	7,014	7,623	18,202	24,251	12,452	15,177	12,223	13,486	8,718	8,900	9,094	9,315	7,905	8,992	0	5,683	0	0	0	8,348
Liabilities And Stockholders Equity	5,239,036	5,034,592	4,945,267	5,094,883	5,156,716	4,981,651	5,000,415	5,002,156	5,078,623	5,139,775	4,263,268	4,268,216	4,196,184	4,013,356	3,865,571	4,205,269	3,943,832	3,949,578	4,074,663	4,180,074	4,065,354	4,061,716	3,931,036	3,712,185	3,176,062	3,170,509	2,405,426	2,408,624	2,399,256	2,192,192	1,557,082	1,544,857	1,528,729	1,585,727	1,414,091	1,351,479	0	1,175,323	0	0	0	0
Long Term Debt	0	336,921	336,787	336,653	347,744	235,256	282,264	176,135	146,010	95,885	88,030	97,116	87,788	87,684	87,537	400,475	444,258	347,924	439,348	474,535	22,834	29,710	38,598	32,488	16,478	16,468	13,896	13,825	13,754	13,684	178,187	157,019	108,849	27,863	28,174	190,327	0	45,069	0	0	0	17,915
Long Term Debt Total	0	0	0	0	236,522	96,392	96,263	96,135	96,010	95,885	88,030	87,908	87,788	87,684	87,537	55,575	54,638	23,551	29,255	29,717	22,834	29,710	38,598	32,488	16,478	16,468	13,896	13,825	13,754	13,684	0	0	0	27,863	28,174	0	0	0	0	0	0	0
Long Term Investments	0	921,857	1,059,221	1,096,964	1,185,191	1,186,338	1,198,962	1,288,180	1,352,894	1,327,442	1,157,423	1,041,614	3,746,924	3,442,208	3,499,255	839,750	909,804	911,126	916,843	928,032	3,344,279	3,315,282	3,303,316	3,111,258	2,649,141	2,646,587	2,066,019	2,057,450	2,034,788	1,847,712	1,405,367	1,370,567	1,351,027	1,268,892	1,155,659	0	0	318,282	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-137,960	-26,368	153,383	74,049	97,762	133,594	127,225	73,009	56,246	-163,246	-53,615	-41,753	-38,725	-182,571	189,366	220,182	299,771	256,453	267,956	288,966	116,030	216,882	542,569	536,412	326,292	312,630	172,732	242,799	232,034	235,385	152,267	126,361	79,678	131,781	201,070	165,473	-12,786	7,881	0	0	0	0
Net Invested Capital	0	789,781	754,917	755,088	772,867	645,314	678,070	604,250	598,025	596,516	505,779	510,111	495,529	505,477	657,571	880,241	921,609	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	27,082	25,497	23,621	21,360	20,461	20,630	18,497	16,519	16,923	18,048	15,519	15,064	16,655	15,831	18,110	19,598	15,549	15,738	16,994	16,702	16,423	17,372	17,129	14,343	12,450	12,371	9,761	9,062	9,189	6,991	4,712	4,323	4,353	4,540	4,374	3,977	0	3,589	0	0	0	0
Net Tangible Assets	0	0	357,068	356,574	362,344	346,361	331,107	362,460	383,720	429,143	373,185	367,401	351,191	359,991	353,470	325,203	321,814	321,721	309,891	300,462	294,735	302,504	289,048	287,997	267,720	258,499	221,772	215,752	208,731	194,375	141,829	138,682	135,500	131,182	90,633	0	0	82,133	0	0	0	0
Net Working Capital	203,077	1,271,975	1,224,574	1,344,245	1,421,244	1,276,199	1,339,769	1,370,253	1,424,159	1,557,208	1,277,783	3,071,236	3,040,208	2,985,388	2,909,597	3,103,268	2,774,827	2,779,101	2,899,240	2,992,707	2,893,446	2,864,431	2,798,889	2,636,735	2,293,088	2,262,655	1,661,918	1,650,655	1,644,777	1,509,283	1,033,746	1,086,493	1,048,772	1,071,110	924,674	905,140	12,207	802,538	0	0	0	0
Non Current Assets Total	5,004,018	1,094,812	1,230,554	1,265,011	1,352,759	1,351,527	1,364,227	1,455,047	1,524,357	1,500,824	1,292,714	1,178,083	1,135,046	1,008,897	933,365	1,081,368	1,150,073	1,151,943	1,158,483	1,170,918	1,156,072	1,151,110	1,120,083	1,064,830	873,077	876,828	735,719	749,593	746,529	675,545	511,634	451,094	474,215	500,175	473,154	437,985	55,265	369,673	0	0	0	0
Non Current Liabilities Other	0	0	0	0	64,470	61,696	63,005	68,563	65,506	73,698	57,908	51,653	45,195	41,218	51,773	57,128	42,894	41,544	44,396	44,791	47,397	54,033	44,984	43,128	44,067	39,459	33,392	23,280	20,188	23,141	0	0	0	23,855	25,274	0	0	0	0	0	0	0
Non Current Liabilities Total	4,750,319	336,921	336,787	336,653	32,446	32,834	32,729	176,135	146,010	95,885	88,030	97,116	97,714	97,828	255,399	400,475	444,258	347,924	439,348	474,535	287,788	414,608	609,505	590,107	372,314	364,160	203,917	271,233	270,822	273,272	178,187	157,019	108,849	173,302	218,983	190,327	22,228	45,069	0	0	0	0
Non Currrent Assets Other	4,816,271	-1,094,812	-1,230,554	-1,265,011	-1,352,759	-1,351,527	-1,364,227	-166,867	250,731	-2,144	175,461	-1	-1,088,422	-961,239	2,049,681	2,748,785	2,448,146	2,550,539	2,578,453	2,649,954	2,559,051	2,531,541	2,560,057	2,405,083	2,072,672	2,066,843	1,551,365	1,533,322	1,505,039	1,378,829	916,498	968,262	891,754	893,373	-473,154	-437,985	-55,265	-369,673	0	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	3,714,879	2,631,346	2,450,679	2,451,160	2,350,267	2,321,091	2,263,690	2,139,284	2,094,685	2,034,330	1,655,967	4,268,216	4,196,184	4,013,356	3,865,571	4,205,269	3,943,832	5,101,521	5,233,146	5,350,992	5,221,426	5,212,826	5,051,119	4,777,015	4,049,139	4,047,337	3,141,145	3,158,217	3,145,785	2,867,737	2,068,716	1,995,951	2,002,944	2,085,902	1,887,245	1,789,464	1,171,655	1,544,996	0	0	0	416,266
Other Current Assets	0	0	24,248	23,816	0	2,766	20,015	18,233	18,498	823	1,655,967	1,894,587	1,909,944	1,836,402	2,049,487	2,746,782	2,445,911	2,548,359	2,575,114	2,645,803	2,554,746	2,526,633	2,554,500	2,399,079	2,069,796	2,067,508	1,547,645	1,529,100	1,501,572	1,376,037	912,425	983,806	907,169	908,681	808,744	812,560	0	711,888	0	0	0	0
Other Current Liab	0	-36,459	-39,460	-34,467	-32,446	-32,834	-32,729	-37,572	-35,422	-2,144	-36,804	-18,897	-20,930	-19,071	-22,609	-20,633	-18,932	-18,534	-16,940	-16,449	-15,836	32,488	-12,064	-10,620	-9,897	20,293	-7,789	-8,376	-7,950	-7,364	-11,702	-7,270	-5,742	9,019	-16,263	-8,354	0	-3,112	0	0	0	0
Other Liab	0	0	29,019	46,054	33,759	32,284	15,562	15,813	17,307	17,692	18,771	13,534	4,856	5,189	12,239	9,641	7,772	9,821	7,456	7,802	10,774	12,576	10,527	9,668	11,863	12,700	10,000	10,587	10,439	9,868	14,533	10,101	8,821	8,516	19,266	11,364	0	6,258	0	0	0	9,692
Other Stockholder Equity	364,155	369,567	368,782	367,738	375,345	383,269	386,406	388,761	399,191	410,328	328,870	330,744	332,162	336,907	342,625	347,498	346,393	352,132	351,556	354,187	360,189	359,309	358,740	358,024	312,299	311,563	233,215	232,644	232,372	216,206	118,649	118,583	118,395	118,180	78,963	77,966	76,807	78,743	0	0	107,981	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	16,372	16,365	16,363	0	16,359	0	0	0	31,892
Property Plant And Equipment Gross	0	147,947	0	0	0	132,451	0	0	0	0	0	90,876	90,322	89,412	86,087	87,055	84,732	84,478	84,481	84,942	81,496	80,442	79,607	73,312	62,572	63,449	55,596	54,693	53,637	50,515	39,909	39,103	38,871	39,147	40,497	40,666	0	36,434	0	0	0	0
Property Plant And Equipment Net	116,792	112,632	110,271	106,186	104,789	101,492	100,566	101,212	103,168	104,038	90,727	90,876	90,322	89,412	86,087	87,055	84,732	84,478	84,481	84,942	81,496	80,442	79,607	73,312	62,572	63,449	55,596	54,693	53,637	50,515	39,909	39,103	38,871	39,147	40,497	40,666	36,088	36,434	0	0	0	0
Property Plant Equipment	0	0	110,271	109,166	104,789	101,492	100,566	101,212	103,168	104,038	90,727	90,876	90,322	89,412	86,087	87,055	84,732	88,631	87,556	88,178	81,496	80,442	79,607	73,312	62,572	63,449	55,596	54,693	53,637	50,515	39,909	39,103	38,871	39,147	40,497	40,666	0	36,434	0	0	0	37,500
Retained Earnings	153,201	141,006	171,188	160,715	150,810	140,095	130,114	116,576	102,632	88,324	79,226	68,625	53,459	50,787	38,300	128,704	127,015	125,757	115,743	105,337	95,868	101,326	91,401	81,079	74,212	65,512	60,703	55,546	49,192	44,328	43,911	41,239	38,394	34,955	32,449	29,756	27,230	24,832	0	0	0	13,947
Retained Earnings Total Equity	0	0	0	0	150,810	140,095	130,114	116,576	102,632	88,324	79,226	68,625	53,459	50,787	38,299	128,704	127,015	125,757	115,743	105,337	95,868	101,326	91,401	81,079	74,212	65,512	60,703	55,546	49,192	44,328	0	0	0	34,955	32,449	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,762	5,314	5,254	4,571	4,829	5,292	1,850	414,415	401,698	235,315	292,508	274,767	293,948	194,138	170,430	121,340	194,310	0	0	0	70,370	0	0	0	0
Short Long Term Debt Total	97,058	336,921	336,787	336,653	347,744	235,256	282,264	176,135	146,010	95,885	88,030	97,116	97,714	97,828	255,399	400,475	444,258	347,924	439,348	474,535	287,788	414,608	609,505	590,107	372,314	364,160	203,917	271,233	270,822	273,272	178,187	157,019	108,849	173,302	218,983	190,327	0	45,069	0	0	0	0
Short Term Debt	0	0	0	0	111,222	138,864	186,001	80,000	50,000	95,885	88,030	9,208	87,684	87,684	87,537	344,900	389,620	4,762	5,314	5,254	264,954	384,898	570,907	557,619	355,836	347,692	190,021	257,408	257,068	259,588	194,138	170,430	121,340	145,439	190,809	0	0	70,370	0	0	0	0
Short Term Investments	1,091,717	919,648	1,057,009	1,094,748	1,183,247	1,184,390	1,198,962	1,288,180	1,352,894	1,327,442	1,157,423	1,041,614	998,100	871,827	798,576	177,228	187,812	142,067	152,680	161,082	166,355	168,875	172,388	180,238	174,717	162,272	81,116	92,435	103,178	95,732	102,391	74,976	113,821	130,810	109,906	72,103	0	52,985	0	0	0	4,007
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	5,239,036	5,034,592	4,945,267	5,094,883	5,156,716	4,981,651	5,000,415	5,002,156	5,078,623	5,139,775	4,263,268	4,268,216	4,196,184	4,013,356	3,865,571	4,205,269	3,943,832	3,949,578	4,074,663	4,180,074	4,065,354	4,061,716	3,931,036	3,712,185	3,176,062	3,170,509	2,405,426	2,408,624	2,399,256	2,192,192	1,557,082	1,544,857	1,528,729	1,585,727	1,414,091	1,351,479	1,239,706	1,175,323	0	0	0	1,140,074
Total Current Assets	235,018	1,308,434	1,264,034	1,378,712	1,453,690	1,309,033	1,372,498	1,407,825	1,459,581	1,604,621	1,314,587	3,090,133	3,061,138	3,004,459	2,932,206	3,123,901	2,793,759	2,797,635	2,916,180	3,009,156	2,909,282	2,910,606	2,810,953	2,647,355	2,302,985	2,293,681	1,669,707	1,659,031	1,652,727	1,516,647	1,045,448	1,093,763	1,054,514	1,085,552	940,937	913,494	12,786	805,650	0	0	0	0
Total Current Liabilities	31,941	36,459	39,460	34,467	32,446	32,834	32,729	37,572	35,422	47,413	36,804	18,897	20,930	19,071	22,609	20,633	18,932	18,534	16,940	16,449	15,836	46,175	12,064	10,620	9,897	31,026	7,789	8,376	7,950	7,364	11,702	7,270	5,742	14,442	16,263	8,354	579	3,112	0	0	0	0
Total Liab	4,782,260	4,581,732	4,527,137	4,676,448	4,731,593	4,571,593	4,604,609	4,574,041	4,626,608	4,639,144	3,845,519	3,855,221	3,798,369	3,605,707	3,463,399	3,725,503	3,466,481	3,471,518	3,607,613	3,721,668	3,611,891	3,605,775	3,487,799	3,278,903	2,794,575	2,796,365	2,113,591	2,122,566	2,120,050	1,934,228	1,395,834	1,386,669	1,373,637	1,418,494	1,288,037	1,229,731	1,119,232	1,057,594	0	0	0	1,000,201
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	456,776	452,860	418,130	418,435	425,123	410,058	395,806	428,115	452,015	500,631	417,749	412,995	397,815	407,649	402,172	479,766	477,351	478,060	467,050	458,406	453,463	455,941	443,237	433,282	381,487	374,144	291,835	286,058	279,206	257,964	161,248	158,188	155,092	167,233	126,054	121,748	120,474	117,729	0	0	139,873	139,873
Treasury Stock	0	0	0	0	-111,313	-101,720	-96,262	-92,136	-80,915	-68,534	-63,451	-58,650	-55,777	-49,870	-43,349	-37,414	-37,414	-30,522	-30,522	-26,863	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	-19,655	0	-19,655	0	0	0	-2,434
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Begin Period Cash Flow	104,428	259,954	280,698	89,291	192,818	52,195	35,095	56,829	6,649	20,620	20,372	0
Capital Expenditures	16,137	3,491	5,101	9,611	7,004	8,831	6,873	2,796	5,736	4,676	1,837	0
Cash And Cash Equivalents Changes	0	-155,526	-20,744	191,407	-103,527	140,623	17,100	-21,734	25,122	0	0	0
Cash Flows Other Operating	0	21,884	-7,765	-4,997	-4,762	-7,738	-5,919	228	-4,020	0	0	0
Change In Cash	274,671	-155,526	-20,744	191,407	-103,527	140,623	17,100	-21,734	37,263	11,087	-2,987	0
Change In Working Capital	7,072	1,918	15,875	-4,262	-2,473	-6,734	-1,516	356	53	361	-1,654	0
Change Receivables	0	-2,973	1,672	478	1,649	-2,255	-1,276	-544	-751	0	0	0
Change To Account Receivables	-4,867	-2,973	1,672	478	1,649	-2,255	-1,276	-544	-751	168	460	0
Change To Inventory	0	0	0	0	0	0	3,626	-112	-44	167	2,386	0
Change To Liabilities	0	-17,575	20,706	1,513	-299	1,259	0	0	2,170	0	0	0
Change To Netincome	0	4,074	-462	110,580	18,103	6,477	4,929	3,635	2,505	2,304	0	0
Change To Operating Activities	0	4,891	14,203	-4,740	-4,122	-4,479	-240	900	-381	346	0	0
Depreciation	8,638	9,366	8,908	8,237	7,412	5,622	3,566	2,183	275	1,982	487	0
Dividends Paid	6,614	5,564	1,149	1,149	1,149	1,149	0	42	164	804	970	0
End Period Cash Flow	379,099	104,428	259,954	280,698	89,291	192,818	52,195	35,095	43,912	31,707	17,385	20,372
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	60,390	70,582	97,597	34,010	41,517	27,835	20,265	12,752	9,625	8,958	-1,446	0
Investments	73,042	-240,136	-457,939	55,803	16,439	-187,407	-222,434	-140,689	-98,940	34,237	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-8,528	-17,767	122,826	-23,774	24,312	88,373	57,560	91,781	26,695	0	0
Net Income	7,821	57,688	52,480	-74,970	25,579	35,825	20,649	9,374	10,300	8,987	7,873	4,186
Other Cashflows From Financing Activities	-12,303	438,308	-2,513	747,685	-163,112	286,209	214,696	154,617	224	-207	0	0
Other Cashflows From Investing Activities	0	29,431	147,701	49,750	86,610	24,750	-19,111	-16,473	-261,205	11	671	0
Other Non Cash Items	52,218	-818	20,937	122,232	13,570	-4,039	718	2,173	-1,259	-665	-8,201	-4,186
Sale Purchase Of Stock	-17,900	-33,186	-18,664	-19,348	-10,867	133	1,215	-16,372	4,772	-32,761	-571	0
Stock Based Compensation	3,213	3,325	2,906	3,473	2,870	2,509	1,100	553	531	2,006	536	0
Total Cash From Financing Activities	-34,026	-15,415	191,897	51,782	-248,149	275,445	212,396	103,407	42,223	44,737	-1,541	0
Total Cash From Operating Activities	76,527	74,073	102,698	43,621	48,521	36,666	27,138	15,548	9,625	13,634	-1,446	0
Total Cashflows From Investing Activities	0	-214,184	-315,339	96,004	96,101	-171,488	-222,924	-140,689	-266,941	-46,578	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31
Begin Period Cash Flow	379,099	199,017	278,099	250,366	104,428	155,413	103,584	90,050	259,954	142,318	139,321	136,688	280,698	65,839	178,290	142,252	89,291	168,053	181,418	167,453	192,818	61,379	47,691	43,146	52,195	27,465	24,212	35,321	35,095	21,847	46,202	44,586	56,829	23,193	19,626	12,786	31,707	15,762	22,618	19,552	0	0
Capital Expenditures	0	3,996	5,230	2,503	4,408	2,292	477	413	309	743	864	1,573	1,921	3,161	1,957	3,237	1,256	928	481	4,334	1,261	1,750	5,079	1,188	814	2,393	1,525	1,669	1,286	710	1,223	714	149	5,736	303	5,025	92	1,828	1,417	1,129	302	1,837
Cash And Cash Equivalents Changes	0	0	0	0	145,938	-50,985	51,829	13,534	-169,904	117,636	2,997	2,633	-144,010	214,859	-112,451	36,038	52,961	-78,762	-13,365	13,965	-25,365	131,439	13,688	4,545	-9,049	0	3,253	-11,109	226	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	4,058	1,034	3,585	17,667	-402	-16,241	5,444	-4,364	7,396	918	40	-1,448	-4,507	-777	-4,221	636	-400	-6,383	-447	-1,688	780	0	-1,497	-280	-816	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	0	180,082	-79,082	27,733	145,938	-50,985	51,829	13,534	-169,904	117,636	2,997	2,633	-144,010	214,859	-112,451	36,038	52,961	-78,762	-13,365	13,965	-25,365	131,439	13,688	4,545	-9,049	24,730	3,253	-11,109	226	13,248	-24,355	1,616	-12,243	20,719	3,567	6,840	-18,921	15,945	-6,856	3,066	19,552	0
Change In Working Capital	-1,068,898	-9,246	-2,261	4,070	5,079	-1,115	-2,655	17,112	-11,424	4,888	10,202	-4,537	5,322	1,211	3,127	-3,241	-5,359	-523	-3,359	1,403	6	-5,765	-252	-294	-423	967	-2,628	200	-55	159	1,212	-525	-490	-626	554	-1,160	1,285	-49	977	0	2	0
Change Receivables	0	0	0	0	169	-2,133	-1,978	13	1,125	1,360	-455	1,591	-824	2,849	1,489	-4,049	189	1,255	-292	-279	965	-243	-2,179	247	-80	0	-699	127	130	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	-1,876	-2,261	-899	169	-2,133	-1,978	13	1,125	1,360	-455	1,591	-824	2,849	1,489	-4,049	189	1,255	-292	-279	965	-243	-2,179	247	-80	-834	-699	127	130	-372	-389	30	187	-751	-397	-285	-103	155	11	0	2	460
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-182	3,626	-19	-44	30	0	1,317	0	503	0	0	0	0	167	0	0	0	2,386
Change To Liabilities	0	0	0	0	694	166	-4,735	-558	-12,448	20,144	4,350	-2,381	-1,407	-1,114	1,679	2,048	-1,100	-1,059	675	888	-803	306	1,505	825	-1,377	0	-602	155	449	0	1,022	-751	-167	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	3,411	1,536	-1,162	2,965	364	448	1,126	1,111	-710	10,680	-626	-10,565	96,310	14,438	10,397	5,669	2,934	-5,852	15,352	30,357	2,564	-32,713	6,269	4,439	-484	1,082	1,869	3,635	-654	-327	-92	2,505	0	0	0	2,304	0	0	0	0
Change To Operating Activities	0	0	9,430	4,969	4,910	1,018	-677	17,099	-12,549	3,528	10,657	-6,128	6,146	-1,638	1,638	808	-5,548	-1,778	-3,067	1,682	-959	-5,522	1,927	-541	-343	-240	-1,929	73	-634	900	579	162	-532	-381	0	0	0	346	0	0	0	0
Depreciation	0	2,085	2,128	2,218	2,207	2,217	2,251	2,466	2,432	2,442	2,156	2,154	2,156	2,152	2,142	2,043	1,900	1,925	1,851	1,834	1,802	1,606	1,532	1,399	1,085	1,054	868	848	796	661	505	504	513	1,947	514	539	460	547	475	470	490	0
Dividends Paid	0	1,852	1,544	1,576	1,642	1,603	1,289	1,319	1,353	157,368	23	1,149	585	585	585	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42	42	42	42	41	41	41	41	41	202	318	243	970
End Period Cash Flow	379,099	379,099	199,017	278,099	250,366	104,428	155,413	103,584	90,050	259,954	142,318	139,321	136,688	280,698	65,839	178,290	142,252	89,291	168,053	181,418	167,453	192,818	61,379	47,691	43,146	52,195	27,465	24,212	35,321	35,095	21,847	46,202	44,586	43,912	23,193	19,626	12,786	31,707	15,762	22,618	19,552	0
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	0	8,976	19,866	16,824	14,724	14,085	14,083	34,919	7,495	22,320	31,535	21,937	21,805	4,030	9,827	12,860	7,293	16,727	11,449	1,852	11,489	33,020	7,500	-26,777	14,092	8,080	1,100	2,546	8,539	1,518	4,827	2,112	4,295	-1,877	4,238	-1,402	3,246	3,148	2,795	-6,237	9,252	14,193
Investments	0	111,564	15,612	87,497	-2,027	-53,359	-419	25,684	-181,989	-77,595	17,571	-43,983	-328,659	89,656	145,176	-234,420	55,391	40,802	90,872	-80,541	-34,694	-29,635	-64,797	-68,984	-23,991	-73,238	3,636	-12,157	-64,730	-47,743	-34,324	-14,371	44,862	-98,940	0	0	0	34,237	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-5,069	-11,550	239,620	-965	-85,307	34,551	23,193	-11,752	-17,225	6,130	5,080	-14,203	-224,450	79,589	281,890	-11,438	-1,950	3,708	-14,094	-2,858	7,393	15,230	4,547	88,373	10,112	5,890	-5,458	57,560	23,708	49,090	-63,473	91,781	0	0	0	26,695	0	0	0	0
Net Income	14,068	-28,299	12,341	11,456	12,323	11,608	15,171	15,259	15,650	10,466	11,773	15,166	15,075	12,488	-90,405	1,689	1,258	10,014	10,406	9,232	-4,073	9,925	10,322	6,867	8,711	4,274	5,157	6,354	4,864	417	2,671	2,846	3,440	2,554	2,736	2,569	2,441	1,779	2,433	2,290	2,485	7,873
Other Cashflows From Financing Activities	0	-9,704	-154,119	930,418	523,376	-2,265	116,189	229,318	95,066	247,817	-31,165	129,988	192,343	240,728	-86,935	406,940	186,952	-73,694	-112,694	220,363	32,335	125,917	64,229	97,063	-1,000	225,195	59,311	2,355	63,049	188,655	4,670	57,462	-14	-170,370	51,666	112,839	57,894	-95	-15	37,992	17,746	0
Other Cashflows From Investing Activities	0	0	479	12,786	-11,809	8,075	7,391	-1,209	16,386	177,492	-965	-3,174	-22,378	44,681	2,449	363	2,257	1,389	2,222	-9,394	92,393	11,813	7,719	3,306	1,912	-19,111	6,593	-3,513	-4,112	-16,473	2,830	2,391	252	2,266	1,616	538	0	11	0	0	0	671
Other Non Cash Items	-14,068	50,958	10,627	334	-1,434	668	-1,961	-93	568	684	10,918	10,561	-1,226	-3,389	101,441	14,443	9,737	3,772	2,783	-7,280	14,295	24,812	415	-34,100	4,834	1,262	-898	-3,925	3,887	-179	1,618	-54	788	-4,215	121	656	-995	1,259	-8	-8,014	6,431	0
Sale Purchase Of Stock	0	-265	132	-8,174	-9,593	-5,458	-4,126	-11,221	-12,381	-5,083	-4,801	-2,873	-5,907	-6,521	-5,935	3	-6,892	54	-3,659	-7,004	112	10	105	0	18	1,336	408	34	692	23,755	23,646	109	-16,372	39,918	0	0	0	-1	-15,539	0	-17,221	0
Stock Based Compensation	0	862	17	568	1,212	889	888	744	804	680	566	948	712	803	812	1,102	756	521	617	998	734	559	611	621	718	218	150	346	386	205	66	67	215	410	39	-93	175	1,201	513	146	146	0
Total Cash From Financing Activities	0	55,546	-155,531	-79,091	145,050	-19,798	30,774	-14,595	-11,796	-4,581	-45,144	56,400	185,222	76,492	-269,903	257,225	-12,032	-137,736	-117,908	102,048	-94,553	116,241	63,266	97,000	-1,062	157,928	-8,076	2,015	60,529	148,828	4,670	11,561	-61,652	-174,455	51,236	112,410	53,032	24,270	-17,402	37,631	238	0
Total Cash From Operating Activities	0	12,972	25,096	19,327	19,132	16,377	14,560	35,332	7,804	23,063	32,399	23,510	23,726	7,191	11,784	16,097	8,549	17,655	11,930	6,186	12,750	34,770	12,579	-25,589	14,906	10,473	2,625	4,215	9,825	2,228	6,050	2,826	4,444	-1,877	4,541	3,623	3,338	4,976	4,212	-5,108	9,554	16,030
Total Cashflows From Investing Activities	0	0	51,353	87,497	-18,244	-47,564	6,495	-7,203	-165,912	99,154	15,742	-77,277	-352,958	131,176	145,668	-237,284	56,444	41,319	92,613	-94,269	56,438	-19,572	-62,157	-66,866	-22,893	-222,434	8,704	-17,339	-70,128	-140,689	-35,075	32,194	44,965	-266,941	0	0	0	-46,578	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Cost Of Revenue	-31,103	194,867	0	0	0	40,719	19,644	11,321	9,813	6,633	8,193	0
Depreciation And Amortization	8,638	4,042	4,174	3,850	3,169	2,443	1,025	413	275	1,982	487	-5,840
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-6,223	101,024	64,436	-74,570	32,857	86,112	50,258	24,841	21,208	18,623	17,017	5,468
Ebitda	2,415	105,066	68,610	-70,720	36,026	88,555	51,283	25,254	21,483	20,605	17,504	-372
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	-1,086	0	0	0	0	0
Gross Profit	168,084	27	171,883	154,132	148,291	142,163	99,517	61,792	54,994	50,130	48,761	28,740
Income Before Tax	2,415	70,282	64,436	-74,570	32,857	46,175	31,026	13,869	14,442	13,190	11,407	5,840
Income Tax Expense	-5,406	12,594	11,956	400	7,278	10,350	10,377	4,495	4,142	4,203	3,534	1,654
Interest Expense	87,694	25,418	14,789	22,909	49,641	36,758	16,691	9,202	6,766	5,433	5,610	0
Interest Income	235,842	188,248	157,368	155,561	175,499	161,556	102,693	61,799	53,028	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	7,821	57,688	52,480	-74,970	25,579	35,825	20,649	9,374	10,300	8,987	7,873	3,814
Net Income Applicable To Common Shares	0	57,688	52,480	-74,970	25,579	35,825	20,649	9,373	10,123	8,279	6,895	0
Net Income From Continuing Ops	47,728	57,688	52,480	-74,970	25,579	35,825	20,649	9,374	10,300	8,987	0	0
Net Interest Income	161,582	162,830	142,579	132,652	125,858	124,798	86,002	52,597	46,262	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	-8,480	0	0	0	5,352	5,294	1,691	1,691	0	0
Operating Income	2,415	101,024	64,436	-74,570	32,857	86,112	50,258	24,841	21,208	18,623	17,017	5,840
Other Items	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	165,669	194,867	107,447	228,702	115,434	56,051	49,259	36,951	24,853	31,507	31,744	22,900
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	1	177	0	0	0
Reconciled Depreciation	8,770	4,042	4,174	8,346	7,512	5,622	3,566	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	5,425	5,042	3,370	2,498	3,075	3,002	2,105	1,198	1,199	1,057	952	0
Selling General Administrative	66,579	63,146	72,519	70,522	66,901	60,606	41,958	28,197	24,336	24,195	22,480	0
Tax Provision	9,605	12,594	11,956	400	7,278	10,350	10,377	4,495	4,142	0	0	0
Total Operating Expenses	-165,669	100,997	-107,447	-228,702	-115,434	-56,051	-49,259	-36,951	24,853	-31,507	-31,744	22,900
Total Other Income Expense Net	-6,408	-30,742	-14,627	-111,233	-6,018	-39,937	-19,232	-10,972	-6,766	-5,433	-5,610	0
Total Revenue	136,981	194,894	171,883	154,132	148,291	142,163	99,517	61,792	54,994	50,130	48,761	28,740

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31
Cost Of Revenue	0	0	0	0	0	49,135	0	0	0	-32	-47	-37	-21	-195	13	97	9	40	38	0	0	12,994	11,558	8,661	7,506	5,722	4,994	4,511	4,417	488	2,372	2,718	2,827	284	2,286	2,106	2,124	1,468	1,780	3,385	0	8,193
Depreciation And Amortization	-19,463	2,085	799	918	918	924	957	1,111	1,050	1,080	1,030	1,030	1,034	1,044	1,030	974	802	821	784	785	779	740	694	625	384	338	243	235	209	153	87	86	87	93	514	539	460	547	475	-3,545	-3,852	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	37,224	-39,656	14,273	34,778	31,860	27,948	25,417	22,356	24,009	15,436	19,703	24,440	24,551	20,165	-86,944	8,324	11,290	24,855	27,313	26,293	8,380	26,007	24,355	17,472	18,278	13,407	12,133	13,898	10,820	4,133	6,357	6,777	7,574	4,911	5,828	5,383	5,086	4,261	5,021	2,907	3,384	0
Ebitda	17,761	-37,571	15,072	35,696	32,778	28,872	26,374	23,467	25,059	16,516	20,733	25,470	25,585	21,209	-85,914	9,298	12,092	25,676	28,097	27,078	9,159	26,747	25,049	18,097	18,662	13,745	12,376	14,133	11,029	4,286	6,444	6,863	7,661	5,004	6,342	5,922	5,546	4,808	5,496	-638	-468	0
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	71,767	-4,557	49,099	45,719	47,557	31	50,188	47,915	47,625	45,623	46,080	42,373	37,839	41,525	38,033	37,912	36,738	38,299	37,436	37,144	35,334	38,221	37,505	35,037	31,400	28,109	23,919	24,646	22,843	17,594	14,356	14,478	15,364	14,556	13,490	13,396	13,370	12,567	13,001	11,927	11,994	47,038
Income Before Tax	17,761	-39,656	14,273	12,951	14,847	15,262	18,813	16,943	19,264	10,450	15,059	19,581	19,346	14,599	-93,058	2,186	1,703	13,145	13,196	11,742	-5,226	12,897	13,250	8,787	11,241	7,472	7,241	9,402	6,911	981	3,671	4,173	5,044	2,794	4,079	3,882	3,687	2,793	3,541	3,227	3,629	11,407
Income Tax Expense	3,693	-11,357	1,932	1,495	2,524	3,654	3,642	1,684	3,614	-16	3,286	4,415	4,271	2,111	-2,653	497	445	3,131	2,790	2,510	-1,153	2,972	2,928	1,920	2,530	3,198	2,084	3,048	2,047	564	1,000	1,327	1,604	240	1,343	1,313	1,246	1,014	1,108	937	1,144	3,534
Interest Expense	27,585	24,827	24,027	21,827	17,013	11,393	6,604	4,058	3,363	3,577	3,471	3,688	4,053	4,430	4,975	5,042	8,462	10,579	13,023	13,476	12,563	12,244	10,267	7,911	6,336	5,219	4,267	3,883	3,322	2,644	2,268	2,186	2,104	2,117	1,749	1,501	1,399	1,468	1,480	0	0	5,610
Interest Income	0	64,294	65,039	61,256	56,123	53,424	48,548	43,624	42,652	40,792	42,446	38,318	35,812	39,989	37,082	37,933	40,557	42,984	44,549	44,764	43,202	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	14,068	-28,299	12,341	11,456	12,323	11,608	15,171	15,259	15,650	10,466	11,773	15,166	15,075	12,488	-90,405	1,689	1,258	10,014	10,406	9,232	-4,073	9,925	10,322	6,867	8,711	4,274	5,157	6,354	4,864	417	2,671	2,846	3,440	2,554	2,736	2,569	2,441	1,779	2,433	1,970	2,240	7,873
Net Income Applicable To Common Shares	0	0	12,341	11,456	12,323	11,608	15,171	15,259	15,650	10,466	11,773	15,166	15,075	12,488	-90,405	1,689	1,258	10,014	10,406	9,232	-4,073	9,925	10,322	6,867	8,711	4,274	5,157	6,354	4,864	417	2,671	2,846	3,439	2,506	2,693	2,526	2,398	1,737	2,332	4,210	0	6,895
Net Income From Continuing Ops	0	-28,299	12,341	11,456	12,323	11,608	15,171	15,259	15,650	10,466	11,773	15,166	15,075	12,488	-90,405	1,689	1,258	10,014	10,406	9,232	-4,073	9,925	10,322	6,867	8,711	23,336	5,157	6,354	4,864	8,955	4,453	-7,474	3,440	10,300	2,736	0	0	8,987	0	0	0	0
Net Interest Income	0	39,467	41,012	39,429	39,110	42,031	41,944	39,566	39,289	37,215	38,975	34,630	31,759	35,559	32,107	32,891	32,095	32,405	31,526	31,288	30,639	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	-8,480	0	0	0	0	0	0	0	0	0	0	0	0	0	-531	531	3,675	3,393	-2,642	926	5,294	237	-474	237	1,691	0	0	0	1,691	0	0	0	0
Operating Income	17,761	-39,656	14,273	34,778	31,860	27,948	25,417	22,356	24,009	14,027	19,703	24,440	24,551	20,165	-86,944	8,324	11,290	24,855	27,313	26,293	8,380	-150,088	24,355	17,472	18,278	-103,315	12,133	13,898	10,820	-65,576	6,357	6,777	7,574	-59,014	5,828	5,383	5,086	4,261	5,021	3,545	3,852	22,439
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	1,392	35,099	34,826	10,941	1,384	1,111	1,265	1,111	1,073	54,622	1,029	962	1,052	53,968	13	1,040	1,165	53,506	1,029	1,228	1,156	46,146	686	844	715	31,907	11,786	462	449	21,866	7,999	441	7,790	19,042	498	8,013	8,284	8,306	7,980	8,700	8,365	0
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	43	0	0	0	0	0	0	0
Reconciled Depreciation	0	2,085	799	918	918	924	957	1,111	1,050	1,080	1,030	1,030	1,034	2,180	2,169	2,070	1,927	1,952	1,878	1,860	1,822	1,606	1,532	1,399	1,085	1,054	868	848	796	661	505	504	513	93	514	539	460	547	475	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	1,238	1,598	1,419	1,249	1,159	1,903	1,191	972	976	1,129	760	799	682	801	598	403	696	901	806	722	646	916	802	665	619	428	535	624	518	297	353	330	218	336	295	277	291	287	248	274	248	0
Selling General Administrative	1,392	17,258	16,517	15,752	17,052	16,473	20,843	20,216	19,910	20,170	18,093	17,507	16,749	18,446	17,906	16,615	17,555	15,529	16,698	16,981	17,693	16,546	15,785	14,842	13,433	11,728	10,358	10,212	9,660	7,720	6,978	6,815	6,684	6,441	5,937	6,088	5,870	6,860	6,155	1,581	1,315	22,580
Tax Provision	0	-11,357	1,932	1,495	2,524	3,654	3,642	1,684	3,614	-16	3,286	4,415	4,271	2,111	-2,653	497	445	3,131	2,790	2,510	-1,153	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	1,392	-35,099	-34,826	-10,941	1,384	-1,111	1,265	1,111	1,073	-54,590	1,076	999	1,073	-53,773	-124,977	943	1,156	-53,546	991	1,228	1,156	46,146	686	844	715	31,907	-11,786	462	449	21,378	-7,999	441	-7,790	18,758	498	-8,013	-8,284	-8,306	-7,980	8,700	8,365	0
Total Other Income Expense Net	-1,702	41,255	-1,587	-21,827	-17,013	-12,686	-6,604	-5,413	-4,745	-3,577	-4,644	-4,859	-5,205	-5,566	-6,114	-6,138	-9,587	-11,710	-14,117	-14,551	-13,606	147,836	-11,105	-8,685	-7,037	93,630	-4,892	-4,496	-3,909	66,557	-2,686	-2,604	-2,530	60,556	-1,749	-1,501	-1,399	-1,468	-1,480	-318	-223	0
Total Revenue	71,767	-4,557	49,099	45,719	47,557	49,166	50,188	47,915	47,625	45,591	46,080	42,373	37,839	41,330	38,046	38,009	36,747	38,339	37,474	37,144	35,334	38,221	37,505	35,037	31,400	28,109	23,919	24,646	22,843	18,082	14,356	14,478	15,364	14,840	13,490	13,396	13,370	12,567	13,001	11,927	11,994	55,231

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	136,981
Cost of Revenue	--31,103
Gross Profit	168,084	168,084

Operating Income (+$)
Gross Profit	168,084
Operating Expense	--165,669
Operating Income	2,415	333,753

Operating Expense (+$)
Research Development	0
Selling General Administrative	66,579
Selling And Marketing Expenses	5,425
Operating Expense	-165,669	72,004

Net Interest Income (+$)
Interest Income	235,842
Interest Expense	-87,694
Other Finance Cost	-13,434
Net Interest Income	161,582

Pretax Income (+$)
Operating Income	2,415
Net Interest Income	161,582
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	2,415	8,823 EBIT - interestExpense = -93,917 2,415 95,515
Interest Expense	87,694
Earnings Before Interest and Taxes (EBIT)	-6,223	90,109
Earnings Before Interest and Taxes (EBITDA)	2,415

After tax Income (+$)
Income Before Tax	2,415
Tax Provision	-9,605
Net Income From Continuing Ops	47,728	-7,190
Net Income	7,821
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	165,669
Total Other Income/Expenses Net	-6,408	-161,582

Technical Analysis of Equity Bancshares Inc.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Equity Bancshares Inc.. The general trend of Equity Bancshares Inc. is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Equity Bancshares Inc.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator State	Bullish trend		Bearish trend
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Equity Bancshares Inc..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 33.43 < 33.78 < 34.30.

The bearish price targets are: 31.48 > 31.28 > 30.98.

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Equity Bancshares Inc. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Equity Bancshares Inc.. The current mas is .

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Equity Bancshares Inc. Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Equity Bancshares Inc.. The current adx is .

Equity Bancshares Inc. Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Equity Bancshares Inc..

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Equity Bancshares Inc. Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Equity Bancshares Inc..

Equity Bancshares Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Equity Bancshares Inc..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-15	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-29	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-16	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-24	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-25	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-30	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-31	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-02-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-21	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-28	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-04	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-07	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-14	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-19	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-25	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-04-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-09	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-10	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-18	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-23	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-05-02	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside

6.3. Candlestick Patterns

Equity Bancshares Inc. Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Equity Bancshares Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	34.440
Total			1/1 (100.0%)

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Equity Bancshares Inc. Buy, Hold or Sell?

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Quick analysis of Equity Bancshares Inc. (30 sec.)

What can you expect buying and holding a share of Equity Bancshares Inc.? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Equity Bancshares Inc. (5 min.)

$34.04

$29.34

2. Growth of Equity Bancshares Inc. (5 min.)

Is Equity Bancshares Inc. growing?

How much money is Equity Bancshares Inc. making?

How much money comes from the company's main activities?

3. Financial Health of Equity Bancshares Inc. (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Equity Bancshares Inc.? (5 min.)

What can you expect buying and holding a share of Equity Bancshares Inc.?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Equity Bancshares Inc.

About Equity Bancshares Inc.

Financial Health

Valuation

1.1. Profitability of Equity Bancshares Inc..

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Equity Bancshares Inc..

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Equity Bancshares Inc..

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Equity Bancshares Inc..

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Equity Bancshares Inc.

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

2.2. Price To Free Cash Flow Ratio

Equity Bancshares Inc.
Buy, Hold or Sell?