EQB Inc. (T:EQB)
Business Focus: Consumer Lending (NEC)
| Sector: Financials | Industry: Consumer Lending |
| Company Contact | |
| Address: | 30 St. Clair Avenue West, Suite 700 TORONTO ON M4V 3A1 |
| Tel: | N/A |
| Website: | https://eqbank.investorroom.com |
| IR: | See website |
| Key People | ||
| Andrew Moor President, Chief Executive Officer and Director | Chadwick Westlake Chief Financial Officer, Senior Vice President | Gavin Stanley Chief Human Resource Officer, Senior Vice President |
| Dan Broten Senior Vice President, Chief Technology Officer | Marlene Lenarduzzi Senior Vice President, Chief Risk Officer | Darren Lorimer Senior Vice - President and Group Head Commercial Banking | Mahima Poddar Senior Vice President, Group Head of Personal Banking |
| Business Overview |
| 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. |
| Financial Overview |
| For the three months ended 31 January 2024, EQB Inc interest income totaled C$771.8M. Net income applicable to common stockholders totaled to C$101.9M. |
| Employees: | 1,808 as of Jan 31, 2024 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $20,493M as of Jan 31, 2024 |
| Annual revenue (TTM): | $3,178M as of Jan 31, 2024 |
| EBITDA (TTM): | $814.58M as of Jan 31, 2024 |
| Net annual income (TTM): | $466.47M as of Jan 31, 2024 |
| Free cash flow (TTM): | -$145.29M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | $16,751M as of Jan 31, 2024 |
| Shares outstanding: | 38,208,811 as of Apr 12, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
