EQB Inc
EQB
ISIN null / Valor 119574466
EQB Inc
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About company
EQB Inc. is a prominent digital financial services company in Canada, recognized for its substantial assets under management and administration, totaling $132 billion as of early 2025. Operating primarily through its wholly owned subsidiary, Equitable Bank, EQB Inc. is the seventh largest bank in Canada by assets. The company provides a wide range of banking services, including personal and commercial banking, leveraging technology to enhance customer experiences. Equitable Bank's digital platform, EQ Bank, has been consistently ranked among Canada's top banks. The personal banking division serves nearly 696,000 Canadians, offering products such as deposits, residential mortgage loans, home equity lines of credit, and reverse mortgages. The commercial banking division caters to approximately 21,000 businesses, managing loans and assets across various sectors, including multi-unit residential and commercial properties. Additionally, EQB Inc. extends its financial services through ACM Advisors, focusing on wealth management and alternative assets. The company's strategic partnerships and market expertise are central to its competitive positioning in the financial services industry.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (08.10.2025):
EQB Inc. reported its financial results for the third quarter of 2025, demonstrating continued growth in loans under management and expanding customer engagement through EQ Bank. Despite these positive trends, the company faced challenges from an unfavorable macroeconomic environment and pressures in the real estate market, which led to higher credit provisions and a decrease in earnings expectations for the remainder of the fiscal year.
Adjusted Net Income Declines
Adjusted net income for Q3 2025 was $80.3 million, representing a 32% year-over-year decrease and a 15% quarter-over-quarter decline. Reported net income also decreased by 35% year-over-year and 19% quarter-over-quarter to $73.4 million.
Revenue Challenges
Adjusted revenue fell by 5% year-over-year and 2% quarter-over-quarter to $310 million, with non-interest revenue accounting for 18% of the total. Reported revenue declined by 6% year-over-year and 3% quarter-over-quarter to $306.1 million.
Asset Growth
Total assets under management and assets under administration grew to $137 billion, marking a 9% increase year-over-year and a 2% rise quarter-over-quarter.
Customer Base Expansion
EQ Bank's customer base increased by 21% year-over-year and 5% quarter-over-quarter, reaching a total of 586,000 customers.
Dividend Increase
EQB Inc. declared a common share dividend of $0.55 per share, a 17% increase year-over-year and a 4% rise quarter-over-quarter, payable on September 30, 2025.
Strong Capital Position
The company maintained a total capital ratio of 15.7% and a Common Equity Tier 1 (CET1) ratio of 13.3%, ensuring a robust capital foundation despite the challenging economic conditions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2346 M
Market cap (USD)
216,873
Daily traded volume (Shares)
98.545 / 97.78
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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EPS (USD)
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Ratings & reviews
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