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EQB Inc. (EQB.TO)

CAD148.13 +11.62 (+8.51%)
CA TSX Financial Services Banks - Regional
Address Equitable Bank Tower M4V 3A1
Toronto, ON, CA
CEO Chadwick Westlake
IPO 2004-05-07
ISIN CA26886R1047

Explore sections of this company profile

Also trades on Other OTC · EQGPF (USD) Toronto Stock Exchange · EQB.TO (CAD)
Description

Established in Toronto, Canada in 1970, EQB Inc. operates predominantly through its subsidiary, Equitable Bank, providing a comprehensive suite of personal and commercial banking services to retail and business clients across Canada. The financial institution gathers funds through various deposit vehicles, including term deposits, guaranteed investment certificates (GICs), high-interest savings accounts, tax-free savings accounts (TFSAs), and institutional deposit notes. Its extensive lending portfolio features residential mortgages, equipment financing, and diverse lines of credit, such as those secured by home equity, cash surrender value, and commercial equity. EQB also specializes in business enterprise solutions for mixed-use, multi-residential, retail, office condominium, and industrial properties, along with asset repositioning, inventory, term, and construction loans. Furthermore, the company delivers digital banking platforms, international money transfer capabilities, U.S. dollar accounts, and a range of registered investment products. EQB Inc. adopted its current name in June 2022, having formerly been known as Equitable Group Inc.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD148.13 +11.62 (+8.51%)
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Volume Profile
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Liquidity & share structure
Average Volume
87.8K
Beta
1.31
Float Shares
24.99M
Free Float %
68.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.16% -1.18% -5.15% +1.40% +34.79% +12.55% +27.99% +77.19% +66.85% +294.23% +932.04%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
148.13
DCF (Unlevered) 296.03 +99.8%
DCF (Levered) 91.97 -37.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 44% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 4 0
Sell 1 0
Strong Sell 0 -1
Quality scores
Altman Z-Score
-0.50
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
  • Revenue growth
    -6.9% Q2'26: -5.8% (vs Q2'25)
  • EPS growth
    -34.2% Q2'26: -41.6% (vs Q2'25)
  • FCF margin
    Q2'26: -77.5% (vs Q2'25)
  • EBIT margin
    Q2'26: +10.5% (vs Q2'25)
  • ROIC
    Q2'26: +1.2% (vs Q2'25)
  • Share dilution
    +0.0% Q2'26: -6.8% (vs Q2'25)
  • Debt / EBITDA
    Q2'26: 44.73× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.32) × ERP
WACC = 26% × Ke + 74% × Kd (13.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 296.03 Current price: 148.13
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Oct 2004
actual
Oct 2005
actual
Oct 2006
actual
Oct 2007
actual
Oct 2008
actual
Oct 2009
actual
Oct 2010
actual
Oct 2011
actual
Oct 2012
actual
Oct 2013
actual
Oct 2014
actual
Oct 2015
actual
Oct 2016
actual
Oct 2017
actual
Oct 2018
actual
Oct 2019
actual
Oct 2020
actual
Oct 2021
actual
Oct 2022
actual
Oct 2023
actual
Oct 2024
actual
Oct 2025
actual
Oct 2026
3 Rev. Ana.
4 EPS Ana.
Oct 2027
5 Rev. Ana.
6 EPS Ana.
Oct 2028
1 Rev. Ana.
5 EPS Ana.
Revenue
75.47M
est: 21.72M (+247.4%)
97.07M
est: 39.12M (+148.1%)
138.55M
est: 100.41M (+38.0%)
179.20M
est: 110.22M (+62.6%)
218.30M
est: 65.10M (+235.3%)
200.68M
est: 73.85M (+171.7%)
385.70M
est: 98.09M (+293.2%)
438.34M
est: 136.50M (+221.1%)
483.20M
est: 161.54M (+199.1%)
508.57M
est: 177.46M (+186.6%)
522.97M
est: 206.58M (+153.2%)
581.99M
est: 254.39M (+128.8%)
663.92M
est: 298.94M (+122.1%)
751.49M
est: 348.99M (+115.3%)
887.72M
est: 376.81M (+135.6%)
1.15B
est: 481.90M (+138.9%)
1.18B
est: 527.77M (+123.8%)
1.17B
est: 623.50M (+87.3%)
1.66B
est: 754.26M (+120.5%)
3.05B
est: 982.76M (+210.7%)
3.34B
est: 1.26B (+164.5%)
3.11B
est: 1.26B (+148.0%)
1.42B
1.31B – 1.55B
+13.1% YoY
2.01B
1.71B – 2.14B
+41.6% YoY
1.46B
1.28B – 1.57B
-27.6% YoY
EBITDA
67.30M
est: 10.59M (+535.4%)
88.88M
est: 19.08M (+365.9%)
122.55M
est: 48.96M (+150.3%)
159.03M
est: 53.74M (+195.9%)
192.94M
est: 31.74M (+507.8%)
168.77M
est: 36.01M (+368.7%)
164.73M
est: 47.83M (+244.4%)
386.16M
est: 66.56M (+480.2%)
426.05M
est: 78.77M (+440.9%)
445.53M
est: 86.53M (+414.9%)
450.10M
est: 100.73M (+346.8%)
493.93M
est: 124.04M (+298.2%)
552.80M
est: 145.76M (+279.3%)
629.79M
est: 170.17M (+270.1%)
745.73M
est: 183.73M (+305.9%)
296.10M
est: 234.97M (+26.0%)
323.42M
est: 257.34M (+25.7%)
423.08M
est: 304.02M (+39.2%)
1.30B
est: 367.78M (+252.4%)
46.99M
est: 291.27M (-83.9%)
614.37M
est: 374.83M (+63.9%)
439.45M
est: 372.19M (+18.1%)
421.12M
388.60M – 460.25M
+13.1% YoY
596.18M
507.72M – 633.58M
+41.6% YoY
431.80M
380.07M – 464.12M
-27.6% YoY
EBIT
65.32M
est: 10.05M (+550.2%)
84.79M
est: 36.02M (+135.4%)
122.04M
est: 71.86M (+69.8%)
158.34M
est: 42.15M (+275.6%)
192.16M
est: 24.21M (+693.5%)
168.17M
est: 60.18M (+179.5%)
164.12M
est: 90.72M (+80.9%)
385.45M
est: 98.50M (+291.3%)
425.03M
est: 99.29M (+328.1%)
444.32M
est: 115.01M (+286.3%)
448.70M
est: 145.16M (+209.1%)
490.39M
est: 170.12M (+188.3%)
544.94M
est: 191.55M (+184.5%)
620.92M
est: 209.19M (+196.8%)
736.28M
est: 247.84M (+197.1%)
279.10M
est: 294.66M (-5.3%)
300.49M
est: 294.51M (+2.0%)
390.41M
est: 330.47M (+18.1%)
1.25B
est: 338.70M (+268.8%)
est: 355.90M (-100.0%)
554.33M
est: 346.67M (+59.9%)
371.50M
est: 344.23M (+7.9%)
389.48M
359.40M – 425.67M
+13.1% YoY
551.40M
469.58M – 585.98M
+41.6% YoY
399.36M
351.52M – 429.25M
-27.6% YoY
Net Income
14.98M
est: 50.32M (-70.2%)
19.76M
est: 27.02M (-26.9%)
27.34M
est: 50.82M (-46.2%)
31.17M
est: 29.97M (+4.0%)
38.61M
est: 18.43M (+109.5%)
51.44M
est: 43.83M (+17.4%)
54.27M
est: 68.27M (-20.5%)
62.19M
est: 74.91M (-17.0%)
81.21M
est: 73.61M (+10.3%)
93.53M
est: 89.20M (+4.9%)
106.72M
est: 108.84M (-2.0%)
125.87M
est: 126.36M (-0.4%)
138.33M
est: 143.97M (-3.9%)
160.62M
est: 154.88M (+3.7%)
165.63M
est: 181.92M (-9.0%)
206.48M
est: 217.29M (-5.0%)
223.80M
est: 217.88M (+2.7%)
292.53M
est: 244.49M (+19.7%)
270.18M
est: 250.57M (+7.8%)
445.91M
est: 389.30M (+14.5%)
400.56M
est: 377.86M (+6.0%)
265.30M
est: 350.19M (-24.2%)
379.95M
336.59M – 389.10M
+8.5% YoY
473.58M
420.35M – 526.81M
+24.6% YoY
661.78M
575.53M – 748.03M
+39.7% YoY
SGA
est: 3.70M (-100.0%)
6.05M
est: 10.81M (-44.0%)
9.02M
est: 30.29M (-70.2%)
11.34M
est: 18.99M (-40.3%)
13.25M
est: 9.86M (+34.4%)
15.37M
est: 14.65M (+4.9%)
18.60M
est: 10.76M (+72.9%)
22.86M
est: 35.45M (-35.5%)
28.25M
est: 63.43M (-55.5%)
33.87M
est: 63.82M (-46.9%)
42.55M
est: 74.74M (-43.1%)
53.75M
est: 87.94M (-38.9%)
67.85M
est: 104.77M (-35.2%)
78.33M
est: 133.22M (-41.2%)
77.06M
est: 147.89M (-47.9%)
101.65M
est: 198.69M (-48.8%)
125.61M
est: 230.00M (-45.4%)
151.82M
est: 258.09M (-41.2%)
222.28M
est: 264.51M (-16.0%)
est: 277.95M (-100.0%)
350.20M
est: 127.11M (+175.5%)
417.67M
est: 126.21M (+230.9%)
142.81M
131.78M – 156.08M
+13.1% YoY
202.18M
172.18M – 214.86M
+41.6% YoY
146.43M
128.89M – 157.39M
-27.6% YoY
EPS
0.67
est: 1.31 (-48.7%)
0.84
est: 1.65 (-49.1%)
1.15
est: 2.23 (-48.5%)
1.24
est: 2.65 (-53.2%)
1.40
est: 2.89 (-51.5%)
1.69
est: 3.22 (-47.5%)
1.75
est: 3.26 (-46.4%)
1.96
est: 4.09 (-52.1%)
2.58
est: 5.23 (-50.7%)
2.95
est: 5.73 (-48.5%)
3.32
est: 6.72 (-50.6%)
3.92
est: 3.84 (+2.0%)
4.29
est: 4.07 (+5.3%)
4.73
est: 4.66 (+1.4%)
4.98
est: 5.02 (-0.8%)
6.19
est: 6.07 (+2.0%)
6.52
est: 6.20 (+5.2%)
8.49
est: 8.16 (+4.1%)
7.63
est: 9.11 (-16.2%)
11.73
est: 10.75 (+9.1%)
10.19
est: 11.41 (-10.7%)
6.70
est: 9.36 (-28.4%)
9.51
8.73 – 10.09
+1.7% YoY
12.53
10.90 – 13.66
+31.7% YoY
17.68
14.93 – 19.40
+41.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-27 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-26 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-25 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-01 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-235.82M
OE per share TTM
-7.07
Owner's Yield
-5.63%
Maintenance CapEx ratio
43.53%
Maint CapEx / Avg PPE
3.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 75 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares S&P/TSX Canadian Dividend Aristocrats Index ETF CDZ.TO 0.90% 7.95M 0.66%
2 Fidelity Canadian Value ETF FCCV.TO 0.38% 3.21M 0.39%
3 Dimensional - International Small Cap Value ETF DISV 0.37% 17.56M 0.42%
4 iShares S&P/TSX Completion Index ETF XMD.TO 0.36% 1.99M 0.60%
5 Fidelity All-Canadian Equity ETF FCCA.NE 0.22% 313.3K 0.39%
6 iShares S&P/TSX Capped Financials Index ETF XFN.TO 0.20% 3.22M 0.61%
7 Dimensional - International Small Cap ETF DFIS 0.14% 8.10M 0.39%
8 iShares ESG Advanced MSCI Canada Index ETF XCSR.TO 0.13% 490.6K 0.17%
9 iShares $ Treasury Bond 3-7yr UCITS ETF CBUG.DE 0.13% 590.5K 0.10%
10 iShares ESG Aware MSCI Canada Index ETF XESG.TO 0.11% 490.1K 0.17%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
195.9K
Shares Outstanding
36.59M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chadwick Westlake Chief Executive Officer, President & Director 1M male
Marlene Lenarduzzi Executive VP & Chief Risk Officer 741.5K female
Darren Lorimer Executive Vice President of Commercial Banking 679.5K male
Daniel Broten Senior Vice President & Head of EQ Bank 582.8K male
Anilisa Sainani Executive VP & CFO 352.0K female
Alex Prokoudine Vice-President of Capital Markets
Michael Mignardi Senior VP, General Counsel & Corporate Secretary male
Gavin Stanley Executive VP & Chief Human Resources Officer male
Isabelle Farella Senior Vice President & Chief Auditor female
Janet Lin Senior Vice President & Chief Information Officer female
Lemar Persaud Vice President & Head of Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits