07:41 AM EDT, 09/02/2025 (MT Newswires) -- Equity Bancshares ( EQBK ) said Tuesday it has agreed to acquire Frontier Holdings, the parent company of Frontier Bank.

Under the terms of the deal, Equity Bancshares ( EQBK ) will pay Frontier about 75% of the acquisition price in stock, with the remaining 25% to be paid in cash.

Following deal completion, Frontier Bank will merge with and into Equity Bank.

The deal, which will add seven branches to Equity, is expected to be about 7.7% accretive to its 2026 EPS, excluding the impact of one-time transaction expenses.

The transaction is set to close in Q4.