Equity Bancshares repurchased 711K shares YTD at $44.84 average price
Bank's 2026 buyback activity continues; 116,293 shares remain authorized under current plan
What the filing says
Equity Bancshares, Inc. (NYSE: EQBK) reported in its second-quarter 2026 8-K that the company has repurchased 711,369 shares year-to-date at a weighted average price of $44.84 per share. During the second quarter alone, the bank repurchased 211,369 shares at a weighted average cost of $45.02 per share.
As of the June 30, 2026 filing date, 116,293 additional shares remain authorized for repurchase under the company's currently active repurchase plan. The filing does not specify the original authorization amount or the repurchase execution mechanism (e.g., Rule 10b-18 open-market purchases, 10b5-1 plan, or otherwise).
The repurchase activity occurred amid strong earnings momentum, with the bank reporting net income of $26.4 million or $1.27 per diluted share for the quarter. Core earnings per diluted share were $1.41, reflecting margin expansion and operational efficiency gains from the January 1 closing of the Frontier Bank acquisition.
During the quarter, the Company repurchased 211,369 shares at a weighted average cost of $45.02 per share. Year to date the Company has repurchased 711,369 shares at a weighted average cost of $44.84. Under the currently active repurchase plan, 116,293 additional shares are authorized for purchase. — EQUITY BANCSHARES INC 8-K filing · View on SEC EDGAR →
What this means
Frequently asked questions
- How many shares did Equity Bancshares repurchase in 2026 so far?
- The company repurchased 711,369 shares year-to-date through June 30, 2026, at a weighted average price of $44.84 per share. In the second quarter alone, it repurchased 211,369 shares at an average cost of $45.02 per share.
- How many shares remain authorized under the current repurchase plan?
- As of June 30, 2026, 116,293 additional shares are authorized for repurchase under the currently active plan. The filing does not disclose the original dollar authorization amount or when the plan was initially approved.
- What was the total dollar amount spent on repurchases year-to-date?
- Based on the disclosed share count (711,369 shares) and average price ($44.84), the estimated total spent year-to-date is approximately $31.9 million. This calculation is derived from publicly disclosed figures in the filing.
- Does the filing specify how Equity Bancshares executes its share repurchases?
- No, the filing does not specify the execution mechanism—such as Rule 10b-18 open-market purchases, 10b5-1 plans, or accelerated share repurchase agreements. This information is not disclosed in the press release.
- Why is Equity Bancshares repurchasing shares in 2026?
- The company completed its Frontier Bank acquisition on January 1, 2026, and core integration is largely complete. With improved earnings, margin expansion, and strong capital ratios (CET1 11.84%), management has initiated share repurchases as part of its overall capital return strategy, alongside its dividend program.
- How does the buyback compare to the company's dividend policy?
- Year-to-date, Equity Bancshares has maintained a dividend payout ratio of 17.4%, within its 10-20% target range. The share repurchase program complements the dividend as a capital-return mechanism and reflects the company's confidence in post-acquisition profitability and capital generation.