Equity Bancshares, Inc. (NYSE:EQBK) Q3 2022 Earnings Conference Call October 19, 2022 10:00 AM ET
Company Participants
Chris Navratil - SVP, Finance
Brad Elliott - Founder, Chairman & CEO
Eric Newell - EVP & CFO
Gregory Kossover - EVP, COO & Director
John Creech - EVP & Chief Credit Officer
Conference Call Participants
Jeffrey Rulis - D.A. Davidson & Co.
Terence McEvoy - Stephens
Damon DelMonte - KBW
Andrew Liesch - Piper Sandler & Co.
Operator
Welcome to the Third Quarter 2022 Equity Bancshares Earnings Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Chris Navratil with Equity Bancshares. Please go ahead.
Chris Navratil
Good morning, and thank you for joining Equity Bancshares conference call, which will include a discussion and presentation of our third quarter 2022 results. Presentation slides to accompany our call are available for download at investor.equitybank.com by clicking the Presentation tab. You may also click the event icon for today's call posted at investor.equitybank.com to view the webcast player. If you are viewing this webcast on our webcast player, please note that slides will not automatically advance. Please reference Slide 1, including important information regarding forward-looking statements.
From time to time, we may make forward-looking statements within today's call and actual results may vary. Following the presentation, we will allow time for questions and further discussion. Thank you all for joining us. With that, I'd like to turn it over to our Chairman and CEO, Brad Elliott.
Brad Elliott
Thank you, Chris. Good morning. Welcome to our third quarter earnings call, and thank you for your interest in Equity Bancshares. With me on the call today is our CFO, Eric Newell; COO, Greg Kossover; and Chief Credit Officer, John Creech. Let me start by thanking the Equity team for their continued dedication to providing excellent customer service. The effort of our bankers can be seen as we delivered outstanding core earnings for the third time in 2022. As we completed the integration of our M&A transactions over recent years, we have worked to improve the operating team effectiveness and banker sales process.
As we continue to improve on these, we will see further pull-through into our operating results. Our diluted EPS was $0.93 versus consensus of $0.80. Net interest income and net interest margin, both increased as we continue to realize benefit from upward rate movement.