05:06 PM EDT, 04/02/2025 (MT Newswires) -- Equity Bancshares ( EQBK ) said late Wednesday it has agreed to a merger with NBC Corp. of Oklahoma to expand its presence in the state.
The merger is expected to be about 13% accretive to Equity Bancshares' ( EQBK ) earnings per share in 2026 and to add seven locations to its Equity Bank unit's current network.
Under the agreement, NBC will receive about 80% of the consideration in Equity Bancshares' ( EQBK ) stock.
The deal, which has received approvals from the boards of both companies, is expected to close in Q3, subject to regulatory approvals and closing conditions, Equity Bancshares ( EQBK ) said.