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Side-by-side financial comparison of EQUITY BANCSHARES INC (EQBK) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.

SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $63.5M, roughly 2.0× EQUITY BANCSHARES INC). EQUITY BANCSHARES INC runs the higher net margin — 34.8% vs 1.5%, a 33.2% gap on every dollar of revenue. On growth, EQUITY BANCSHARES INC posted the faster year-over-year revenue change (28.4% vs -3.9%). EQUITY BANCSHARES INC produced more free cash flow last quarter ($38.1M vs $16.3M). Over the past eight quarters, EQUITY BANCSHARES INC's revenue compounded faster (6.6% CAGR vs -4.8%).

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

EQBK vs SWBI — Head-to-Head

Bigger by revenue
SWBI
SWBI
2.0× larger
SWBI
$124.7M
$63.5M
EQBK
Growing faster (revenue YoY)
EQBK
EQBK
+32.2% gap
EQBK
28.4%
-3.9%
SWBI
Higher net margin
EQBK
EQBK
33.2% more per $
EQBK
34.8%
1.5%
SWBI
More free cash flow
EQBK
EQBK
$21.8M more FCF
EQBK
$38.1M
$16.3M
SWBI
Faster 2-yr revenue CAGR
EQBK
EQBK
Annualised
EQBK
6.6%
-4.8%
SWBI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
EQBK
EQBK
SWBI
SWBI
Revenue
$63.5M
$124.7M
Net Profit
$22.1M
$1.9M
Gross Margin
24.3%
Operating Margin
41.7%
3.3%
Net Margin
34.8%
1.5%
Revenue YoY
28.4%
-3.9%
Net Profit YoY
30.0%
-53.6%
EPS (diluted)
$1.07
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQBK
EQBK
SWBI
SWBI
Q4 25
$63.5M
$124.7M
Q3 25
$18.0M
$85.1M
Q2 25
$58.4M
$140.8M
Q1 25
$60.6M
$115.9M
Q4 24
$58.3M
$129.7M
Q3 24
$55.3M
$88.3M
Q2 24
$55.4M
$159.1M
Q1 24
$55.9M
$137.5M
Net Profit
EQBK
EQBK
SWBI
SWBI
Q4 25
$22.1M
$1.9M
Q3 25
$-29.7M
$-3.4M
Q2 25
$15.3M
$8.6M
Q1 25
$15.0M
$2.1M
Q4 24
$17.0M
$4.5M
Q3 24
$19.9M
$-1.9M
Q2 24
$11.7M
$27.9M
Q1 24
$14.1M
$7.9M
Gross Margin
EQBK
EQBK
SWBI
SWBI
Q4 25
24.3%
Q3 25
25.9%
Q2 25
28.8%
Q1 25
24.1%
Q4 24
26.6%
Q3 24
27.4%
Q2 24
35.5%
Q1 24
28.7%
Operating Margin
EQBK
EQBK
SWBI
SWBI
Q4 25
41.7%
3.3%
Q3 25
-207.2%
-3.5%
Q2 25
31.5%
9.3%
Q1 25
31.1%
4.1%
Q4 24
35.0%
5.8%
Q3 24
43.1%
-1.7%
Q2 24
29.4%
17.4%
Q1 24
31.8%
8.2%
Net Margin
EQBK
EQBK
SWBI
SWBI
Q4 25
34.8%
1.5%
Q3 25
-164.7%
-4.0%
Q2 25
26.1%
6.1%
Q1 25
24.8%
1.8%
Q4 24
29.1%
3.5%
Q3 24
35.9%
-2.1%
Q2 24
21.1%
17.5%
Q1 24
25.2%
5.7%
EPS (diluted)
EQBK
EQBK
SWBI
SWBI
Q4 25
$1.07
$0.04
Q3 25
$-1.55
$-0.08
Q2 25
$0.86
$0.19
Q1 25
$0.85
$0.05
Q4 24
$1.06
$0.10
Q3 24
$1.28
$-0.04
Q2 24
$0.76
$0.60
Q1 24
$0.90
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQBK
EQBK
SWBI
SWBI
Cash + ST InvestmentsLiquidity on hand
$22.4M
Total DebtLower is stronger
$443.2M
Stockholders' EquityBook value
$732.1M
$363.2M
Total Assets
$6.4B
$548.6M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQBK
EQBK
SWBI
SWBI
Q4 25
$22.4M
Q3 25
$18.0M
Q2 25
$25.2M
Q1 25
$26.7M
Q4 24
$39.1M
Q3 24
$35.5M
Q2 24
$60.8M
Q1 24
$47.4M
Total Debt
EQBK
EQBK
SWBI
SWBI
Q4 25
$443.2M
Q3 25
$486.9M
Q2 25
$448.4M
Q1 25
$376.9M
Q4 24
$312.8M
Q3 24
$437.5M
Q2 24
$391.7M
Q1 24
$367.1M
Stockholders' Equity
EQBK
EQBK
SWBI
SWBI
Q4 25
$732.1M
$363.2M
Q3 25
$711.9M
$364.4M
Q2 25
$635.6M
$372.5M
Q1 25
$617.3M
$366.9M
Q4 24
$592.9M
$371.5M
Q3 24
$504.0M
$380.0M
Q2 24
$461.4M
$399.9M
Q1 24
$456.8M
$376.4M
Total Assets
EQBK
EQBK
SWBI
SWBI
Q4 25
$6.4B
$548.6M
Q3 25
$6.4B
$554.6M
Q2 25
$5.4B
$559.6M
Q1 25
$5.4B
$578.9M
Q4 24
$5.3B
$587.4M
Q3 24
$5.4B
$571.3M
Q2 24
$5.2B
$577.4M
Q1 24
$5.2B
$570.6M
Debt / Equity
EQBK
EQBK
SWBI
SWBI
Q4 25
0.61×
Q3 25
0.68×
Q2 25
0.71×
Q1 25
0.61×
Q4 24
0.53×
Q3 24
0.87×
Q2 24
0.85×
Q1 24
0.80×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQBK
EQBK
SWBI
SWBI
Operating Cash FlowLast quarter
$51.4M
$27.3M
Free Cash FlowOCF − Capex
$38.1M
$16.3M
FCF MarginFCF / Revenue
60.0%
13.1%
Capex IntensityCapex / Revenue
20.9%
8.8%
Cash ConversionOCF / Net Profit
2.33×
14.22×
TTM Free Cash FlowTrailing 4 quarters
$88.8M
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQBK
EQBK
SWBI
SWBI
Q4 25
$51.4M
$27.3M
Q3 25
$8.5M
$-8.1M
Q2 25
$28.3M
$40.8M
Q1 25
$21.7M
$-9.8M
Q4 24
$73.8M
$-7.4M
Q3 24
$23.5M
$-30.8M
Q2 24
$16.0M
$43.7M
Q1 24
$12.6M
$25.2M
Free Cash Flow
EQBK
EQBK
SWBI
SWBI
Q4 25
$38.1M
$16.3M
Q3 25
$4.5M
$-12.4M
Q2 25
$26.0M
$33.5M
Q1 25
$20.2M
$-16.1M
Q4 24
$65.4M
$-10.7M
Q3 24
$19.7M
$-35.5M
Q2 24
$15.2M
$38.2M
Q1 24
$10.6M
$7.0M
FCF Margin
EQBK
EQBK
SWBI
SWBI
Q4 25
60.0%
13.1%
Q3 25
24.7%
-14.6%
Q2 25
44.5%
23.8%
Q1 25
33.3%
-13.9%
Q4 24
112.1%
-8.3%
Q3 24
35.6%
-40.2%
Q2 24
27.4%
24.0%
Q1 24
19.0%
5.1%
Capex Intensity
EQBK
EQBK
SWBI
SWBI
Q4 25
20.9%
8.8%
Q3 25
22.3%
5.0%
Q2 25
3.9%
5.2%
Q1 25
2.4%
5.4%
Q4 24
14.6%
2.5%
Q3 24
6.8%
5.3%
Q2 24
1.5%
3.5%
Q1 24
3.6%
13.2%
Cash Conversion
EQBK
EQBK
SWBI
SWBI
Q4 25
2.33×
14.22×
Q3 25
Q2 25
1.85×
4.73×
Q1 25
1.44×
-4.68×
Q4 24
4.35×
-1.63×
Q3 24
1.18×
Q2 24
1.37×
1.57×
Q1 24
0.90×
3.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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