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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

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Post by retiredcfon Dec 08, 2023 9:22am
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Post# 35774623

BNN

BNNAlso mighty: EQB will also be in the spotlight after reporting better-than-expected profit and boosting its dividend. Shares of the alternative mortgage lender have soared more than 40 per cent so far this year. We will see if the beat is tempered by higher expenses and provisions for credit losses. CEO Andrew Moor will be on BNN Bloomberg today at 3:20 p.m. ET.
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