EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. It accepts term deposits, guaranteed investment certificates, high-interest savings accounts, institutional deposit notes, and covered bonds, as well as specialized financing solutions. The company also offers single-family residential mortgages, reverse mortgages, and home equity lines of credit, as well as insurance loans. In addition, it provides business enterprise solutions, commercial finance group services, multi-unit insured financing, specialized finance, equipment leasing, credit union services, and Concentra Trust services, as well as 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 Trajectories | Analyst consensus suggests significant upside potential for EQB, with price targets ranging from $76.78 to $102.61, reflecting optimism in the company's growth prospects |
Market Dynamics | Delve into EQB's unique market position as a nimble financial institution, poised to capitalize on emerging opportunities in a sector projected for mid-teens total returns |
Financial Resilience | Explore EQB's robust financial performance, including consistent dividend growth and profitability, against the backdrop of broader industry trends and projections |
Niche Banking Titan | EQB Inc. emerges as a standout small-cap player in Canadian banking, boasting impressive returns and strategic positioning for growth in a competitive landscape |
Metrics to compare | EQB | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipEQBPeersSector | |
|---|---|---|---|---|
P/E Ratio | 17.4x | 14.6x | 10.1x | |
PEG Ratio | −0.51 | 0.13 | 0.03 | |
Price / Book | 1.4x | 1.5x | 1.0x | |
Price / LTM Sales | 4.0x | 4.1x | 2.9x | |
Upside (Analyst Target) | −7.5% | 0.4% | 12.0% | |
Fair Value Upside | Unlock | 3.4% | 0.9% | Unlock |