EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides commercial loans, including business enterprise solutions for small-business owners, entrepreneurs, owner operators, and emerging investors; construction, bridge, or long-term financing; and structured financing solutions for specialty lenders across various asset classes of underbanked and unconventional industries. Further, it offers digital banking services. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.
Digital Banking Pionee | EQB Inc. leads innovation in Canadian financial services, leveraging digital solutions to outpace larger competitors and capture market share |
Financial Resilience | Explore EQB's robust performance, with 8% total return in H1 2024 and projected earnings growth, positioning it for sector-wide recovery |
Analyst Optimism | Delve into why analysts maintain an "Outperform" rating for EQB, with BMO including it in their Top 15 Canadian Small Caps list |
Growth Potential Unveiled | Learn about EQB's strategies for expansion and the potential for valuation multiple growth, as it navigates regulatory challenges and market trends |
Metrics to compare | EQB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipEQBPeersSector | |
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P/E Ratio | 10.0x | 12.6x | 8.8x | |
PEG Ratio | −0.85 | 0.01 | 0.03 | |
Price/Book | 1.3x | 1.1x | 1.0x | |
Price / LTM Sales | 3.4x | 3.1x | 2.8x | |
Upside (Analyst Target) | 9.7% | 6.6% | 10.3% | |
Fair Value Upside | Unlock | −1.9% | 2.3% | Unlock |