EQBK Q2 adj. (core) EPS $1.41 vs. est. $1.22 (beat); NII $73.9Mm (+48.3% YoY) vs est $74.29Mm, NIM 4.36% (+3bps QoQ); adj. non-interest Inco
EQBK Q2 adj. (core) EPS $1.41 vs. est. $1.22 (beat); NII $73.9Mm (+48.3% YoY) vs est $74.29Mm, NIM 4.36% (+3bps QoQ); adj. non-interest Income $10.3Mm; efficiency ratio 53.4% (improved from 56.7%); core ROATCE 17.2%; provision $1.3Mm; NCOs $1.7Mm; ACL 1.19%; total assets $7.7B; loans $5.4B; deposits $6.3B; TBV/share $33.45; CET1 11.84%; guides H2 NIM 4.25%–4.35%, H2 non-interest Income $18–$22Mm, H2 non-interest expense $94–$98Mm; dividend $0.18/share; repurchased 211,369 shares @ $45.02 avg (116,293 remaining under authorization); shares +22.9%
EQBK Q2 adj. (core) EPS $1.41 vs. est. $1.22 (beat); NII $73.9Mm (+48.3% YoY) vs est $74.29Mm, NIM 4.36% (+3bps QoQ); adj. non-interest Income $10.3Mm; efficiency ratio 53.4% (improved from 56.7%); core ROATCE 17.2%; provision $1.3Mm; NCOs $1.7Mm; ACL 1.19%; total assets $7.7B; loans $5.4B; deposits $6.3B; TBV/share $33.45; CET1 11.84%; guides H2 NIM 4.25%–4.35%, H2 non-interest Income $18–$22Mm, H2 non-interest expense $94–$98Mm; dividend $0.18/share; repurchased 211,369 shares @ $45.02 avg (116,293 remaining under authorization); shares +22.9%