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Equity Bancshares, Inc. Partners with NBC Oklahoma, Adds to Oklahoma Franchise

1. Equity Bancshares announces merger with NBC Corp., expanding its Oklahoma network. 2. The merger adds seven locations to Equity Bank's existing presence in Oklahoma.

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FAQ

Why Bullish?

Merger expands market footprint, likely improving revenue streams. Historically, growth through acquisitions leads to positive market reactions.

How important is it?

Merger signifies growth potential and market expansion, impacting investor sentiment positively.

Why Short Term?

Immediate impact from merger announcement; short-term revenue improvement expected. Similar past mergers show initial stock price increases.

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NBCKEYHOMBTCFC
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced today its entry into a definitive merger agreement with NBC Corp. of Oklahoma (“NBC”), the parent company of NBC Oklahoma, in Oklahoma City, Oklahoma. Equity will merge NBC into Equity, adding seven locations to Equity Bank's current network. "We are excited to expand our presence in Oklahoma through this strategic merger,” said Equity Ban.

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