EQB Inc EQB
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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EQB to announce second quarter 2024 results and host earnings call
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Equitable Bank Launches Inaugural Social Covered Bond
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EQB announces voting results of annual general and special meeting of shareholders
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EQB outlines progress toward a more sustainable future in 2023 Responsibility Report
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EQB Inc. Opens the Market
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EQB Chief Executive Officer Andrew Moor to speak at National Bank Financial's 22nd Annual Financial Services Conference
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EQB publishes proxy circular and provides notice of annual and special shareholder meeting
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EQB delivers 12% y/y earnings growth, increases dividend 5% q/q and 20% y/y, with assets under management and administration climbing 16% to $119 billion
Trading Information
- Previous Close Price
- CAD 88.80
- Day Range
- CAD 87.35–89.25
- 52-Week Range
- CAD 58.91–97.64
- Bid/Ask
- CAD 87.41 / CAD 88.50
- Market Cap
- CAD 3.34 Bil
- Volume/Avg
- 32,989 / 64,408
Key Statistics
- Price/Earnings (Normalized)
- 8.47
- Price/Sales
- 3.23
- Dividend Yield (Trailing)
- 1.77%
- Dividend Yield (Forward)
- 1.89%
- Total Yield
- 1.77%
Company Profile
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Mid Core
- Total Number of Employees
- 1,721
- Website
- https://www.eqbank.ca
Comparables
Valuation
|
Metric
|
EQB
|
SCOTIAC1
|
SOON
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.47 | 9.88 | 7.72 |
Price/Book Value | 1.24 | 0.88 | 0.73 |
Price/Sales | 3.23 | 2.27 | 3.14 |
Price/Cash Flow | — | 4.96 | 6.84 |
Price/Earnings
EQB
SCOTIAC1
SOON
Financial Strength
|
Metric
|
EQB
|
SCOTIAC1
|
SOON
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
EQB
|
SCOTIAC1
|
SOON
|
|---|---|---|---|
Return on Assets (Normalized) | — | 1.34% | 1.46% |
Return on Equity (Normalized) | — | 9.26% | 10.62% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
EQB
SCOTIAC1
SOON
Banks - Regional Industry Comparables
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