EQB Inc. (EQGPF) Research

EQB Inc., operating primarily through its subsidiary Equitable Bank, serves as a Canadian financial services provider catering to both individual (retail) and business (commercial) clientele nationwide. Its core offerings include a comprehensive suite of deposit products, such as Guaranteed Investment Certificates (GICs), high-interest savings accounts, Tax-Free Savings Accounts (TFSAs), term deposits, and institutional deposit notes. The company also extends specialized financing solutions. EQB's extensive loan portfolio encompasses residential mortgages, equipment financing, and various lines of credit, including home equity, cash surrender value, and commercial equity options. For commercial clients, they offer robust business enterprise solutions, financing a wide range of properties from mixed-use and multi-residential to retail spaces, office condominiums, and industrial buildings, alongside asset repositioning, inventory, term, and construction loans. Additionally, EQB provides modern digital banking services, facilitates international money transfers, offers US dollar accounts, and features a selection of registered investment products. Founded in 1970, the company rebranded from Equitable Group Inc. to EQB Inc. in June 2022. Its corporate headquarters are located in Toronto, Canada.

Market snapshot

Symbol
EQGPF
Price
$88.46
Day change
+1.98%
Market cap
$4.6B
P/E ratio
22.53x
52-week range
60.14-90.26
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 2 months

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