GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Equity Bancshares Inc (NYSE:EQBK) » Definitions » Momentum Rank

Equity Bancshares (Equity Bancshares) Momentum Rank : 6 (As of May. 14, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Equity Bancshares Momentum Rank?

Equity Bancshares has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Equity Bancshares's Momentum Rank

For the Banks - Regional subindustry, Equity Bancshares's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Bancshares's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Equity Bancshares's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Equity Bancshares's Momentum Rank falls into.



Equity Bancshares Momentum Rank Related Terms

Thank you for viewing the detailed overview of Equity Bancshares's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Bancshares (Equity Bancshares) Business Description

Traded in Other Exchanges
Address
7701 East Kellogg Drive, Suite 300, Wichita, KS, USA, 67207
Equity Bancshares Inc is a bank holding company. The company's operations involve the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Executives
James S Loving director C/O CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Krzysztof Slupkowski officer: Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Chris M Navratil officer: Chief Financial Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
David Pass officer: Chief Information Officer 821 17TH STREET, DENVER CO 80202
Ann Knutson officer: Chief Human Resources Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Richard M Sems officer: President 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gary C Allerheiligen director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Gregory L Gaeddert director 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Eric R Newell officer: Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Julie A Huber officer: EVP and Chief Credit Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brett A Reber officer: General Counsel 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Craig L Anderson officer: Chief Operating Officer 1670 BROADWAY, DENVER CO 80202
Edwin G Lawson officer: Chief Information Officer 7701 EAST KELLOGG DRIVE, SUITE 300, WICHITA KS 67207
Gregory H Kossover director, officer: EVP and CFO 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Brad S Elliott director, officer: Chief Executive Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207