Company EQB Inc.

EQB

CA26886R1047

Consumer Lending

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Consumer Lending

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
88.41 ^CAD	+2.21%		+4.64%	+1.35%

Apr. 17	Equitable Bank Launches Inaugural Social Covered Bond	DJ
Apr. 15	BMO Takeaways From EQB's Investor Meetings	MT

EQB Inc. operates through its wholly owned subsidiary Equitable Bank. Equitable Bank provides diversified personal and commercial banking through its EQ Bank platform. The Company operates through two main divisions: Personal Banking and Commercial Banking. Its Personal Banking segment consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Its savings products are offered through EQ Bank, Equitable Bank, Equitable Trust, and a network of independent financial planners and brokers. Its Commercial Banking segment lends loans through a network of mortgage and leasing brokers, lending partners, and other financial institutions. Commercial loans involve lending on multi-unit residential, industrial and office buildings, and other commercial properties. It also specializes in the creation, structuring, and management of pooled Canadian commercial mortgage funds.

Number of employees: 1,743

CAD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	782	100.0 %	1,171	100.0 %	+49.68%

CAD in Million	2022	Weight	2023	Weight	Delta
Canada 100.0 %	782	100.0 %	1,171	100.0 %	+49.68%

Managers	Title	Age	Since
Andrew Moor CEO	Chief Executive Officer	59	07-02-28
Chadwick Westlake DFI	Director of Finance/CFO	-	20-11-01
Daniel Broten CTO	Chief Tech/Sci/R&D Officer	-	-
Stanley Gavin HRO	Human Resources Officer	-	-
Deborah Chatterton PRN	Corporate Officer/Principal	-	-
Marlene Lenarduzzi PRN	Corporate Officer/Principal	-	-
Darren Lorimer PRN	Corporate Officer/Principal	-	14-12-31
Mahima Poddar PRN	Corporate Officer/Principal	-	-
Kimberly Kukulowicz SAM	Sales & Marketing	-	90-12-31

Members of the board	Title	Age	Since
Michael Stramaglia BRD	Director/Board Member	64	14-04-30
Marcos Lopez BRD	Director/Board Member	48	22-11-07
Michael Emory BRD	Director/Board Member	67	14-05-13
Andrew Moor CEO	Chief Executive Officer	59	07-02-28
Rowan Saunders BRD	Director/Board Member	59	13-05-14
M. Sera BRD	Director/Board Member	67	13-05-14
Michael Hanley CHM	Chairman	58	22-11-07
Kishore Kapoor BRD	Director/Board Member	67	11-04-30
Susan Ericksen BRD	Director/Board Member	65	18-10-31
Carolyn Schuetz BRD	Director/Board Member	62	22-11-07

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	38,208,811	27,124,732 ( 70.99 %)	0	65.96 %
Stock B	0	2,911,800	0	0

Name	Equities	%	Valuation
Stephen Smith 17.32 %	6,560,900	17.32 %	412 M $
Oakwest Corp. Ltd. 10.21 %	3,866,980	10.21 %	243 M $
Andrew Moor 1.384 %	524,280	1.384 %	33 M $
Franklin Bissett Investment Management 0.5338 %	202,212	0.5338 %	13 M $
Manulife Investment Management Ltd. 0.3584 %	135,745	0.3584 %	9 M $
Redwood Asset Management, Inc. 0.3172 %	120,142	0.3172 %	8 M $
Canoe Financial LP 0.2318 %	87,801	0.2318 %	6 M $
Kingwest & Co. 0.2291 %	86,798	0.2291 %	5 M $
IA Clarington Investments, Inc. 0.1713 %	64,870	0.1713 %	4 M $
Eric Beutel 0.1544 %	58,500	0.1544 %	4 M $

Name	Equities	%	Valuation
J. Zechner Associates, Inc. 0.1374 %	4,000	0.1374 %	73 236 $

EQB, Inc.

Equitable Bank Tower 30 St. Clair Avenue West

M4V 3A1, Toronto

+416 515 7000

http://www.equitablebank.ca

Name	Category and Sector
Equitable Bank Banque équitable Equitable Bank Banque équitable Finance/Rental/LeasingFinance Equitable Bank offers residential lending, commercial lending, and savings solutions. It provides deposit products including short-term, long-term and cashable GICs, available in non-registered or tax free savings account across Canada. The company was founded in 1790 and is headquartered in Toronto, Canada.	Finance/Rental/Leasing
EQB Covered Bond (Legislative) Guarantor LP
Equitable Trust	Investment Trusts/Mutual Funds

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

86.5 CAD

Average target price

103.7 CAD

Spread / Average Target

+19.88%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

Consumer Lending

Other Consumer Lending

	1st Jan change	Capi.
EQB INC.	+1.35%	2.41B
BAJAJ FINANCE LIMITED	-0.93%	54.04B
BAJAJ FINSERV LTD.	-3.84%	31.41B
JIO FINANCIAL SERVICES LIMITED	+66.54%	29.16B
ORIX CORPORATION	+20.37%	23.74B
SYNCHRONY FINANCIAL	+12.23%	17.15B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	-9.29%	11.49B
SHRIRAM FINANCE LIMITED	+18.32%	10.94B
MUTHOOT FINANCE LIMITED	+9.56%	7.9B
SOFI TECHNOLOGIES, INC.	-23.82%	7.66B

Other Consumer Lending