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 single family residential mortgage, residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment financing, credit union services, and concentra trust services. 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.
Financial Prowess | EQB demonstrates robust financial performance with strong earnings growth and consistent dividend payments, positioning it as a standout in the Canadian banking secto |
Competitive Edge | Explore how EQB leverages its agility as a smaller bank to innovate and capture niche markets, potentially outmaneuvering larger competitors |
Growth Trajectory | Analysts project mid-teens total return potential for EQB, with price targets ranging from $75.70 to $106.26, signaling confidence in the bank's future prospects |
Navigating Challenges | Delve into EQB's strategies for maintaining strong credit quality and operational efficiency in the face of economic uncertainties and intense market competition |
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 | 10.3x | 13.3x | 9.5x | |
PEG Ratio | - | 0.31 | 0.03 | |
Price/Book | 1.2x | 1.2x | 1.0x | |
Price / LTM Sales | 3.4x | 3.0x | 2.8x | |
Upside (Analyst Target) | 8.2% | 1.6% | 13.1% | |
Fair Value Upside | Unlock | 9.3% | 2.3% | Unlock |