Equity Bancshares to buy Lincoln Bancorp in deal valued at about $123.8 million

• Equity Bancshares will acquire Lincoln Bancorp, adding 16 Iowa locations and expanding its platform in the state; closing targeted for Q4 2026.
• Lincoln shareholders to receive 77.5% of consideration in EQBK stock, 22.5% in cash; deal valued at about USD 123.8 million.
• Lincoln had USD 1.7 billion assets, USD 1.2 billion loans, USD 1.5 billion deposits as of June 30, 2026.
• Equity had USD 7.7 billion assets; combined pro forma about USD 9.1 billion after reducing excess liquidity.
• Transaction expected to add 5.1% to 2027 EPS, 7.5% to 2028 EPS; tangible book dilution payback projected under three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equity Bancshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260903672534) on September 03, 2026, and is solely responsible for the information contained therein.