KBRA Comments on Equity Bancshares, Inc.'s Proposed Acquisition of Frontier Holdings, LLC - Candlesense

KBRA Comments on Equity Bancshares, Inc.'s Proposed Acquisition of Frontier Holdings, LLC

(NYSE:EQBK) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On September 2, 2025, Wichita, KS-based Equity Bancshares, Inc. (NYSE: EQBK) ("Equity” or “the company"), and Omaha, NE-based Frontier Holdings, LLC (“Frontier”), parent company of Frontier Bank, jointly announced that they had entered into a definitive agreement pursuant to which Equity Bancshares, Inc. would acquire Frontier Holdings, LLC and Frontier Bank would merge with and into Equity Bank. The proposed transaction, valued at ~$120 million (P/TBV: 1.23x), incorp