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EQB Inc. T.EQB.PR.C


Primary Symbol: T.EQB Alternate Symbol(s):  EQGPF

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.


TSX:EQB - Post by User

Comment by Northforce13on Jan 22, 2021 12:17pm
220 Views
Post# 32359908

RE:RE:RE:Im out

RE:RE:RE:Im outThe reason I had sold was in the post, you can scroll down and re read.

You may have missed the post June 3rd, where I got back in at 67.60 or something (just scroll down, it's there)

Shortly after June 3rd (also just scroll down) I shifted to HCG, which is almost the same as EQB.  It is where I am still sitting today, as my largest position.

They both still have some upside to them and they are great businesses. 

An interesting development is that the lower interest rates appear to benefit them more than harm them as they serve a bit of a niche market, while the big banks on the other hand seem to be negatively affected.  


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