- Investing.com
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.
Future Prospects | Learn about EQB's potential for value creation, with analysts projecting strong EPS growth and improved valuation multiples, targeting a forward P/E of 13x for 2025 estimates |
Market Dynamics | Delve into EQB's unique market position, trading near 52-week highs with a P/E ratio of 9.53, as it navigates sector challenges and opportunities for outperformance |
Financial Resilience | Explore EQB's robust financial health, with a score of 3.53 and a 21-year dividend track record, positioning it for growth amid sector-wide earnings projections |
Digital Challenge | EQB Inc., formerly Equitable Bank, emerges as a nimble player in Canadian banking, leveraging digital solutions and specialized lending to compete with larger institutions |
Metrics to compare | EQB | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipEQBPeersSector | |
---|---|---|---|---|
P/E Ratio | 10.0x | 12.8x | 8.8x | |
PEG Ratio | 1.74 | −0.33 | 0.03 | |
Price / Book | 1.2x | 1.1x | 1.0x | |
Price / LTM Sales | 3.4x | 3.1x | 2.8x | |
Upside (Analyst Target) | 10.2% | 5.9% | 11.1% | |
Fair Value Upside | Unlock | −2.6% | 2.5% | Unlock |