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EQB Inc T.EQB

Alternate Symbol(s):  EQGPF

Financial Services
EQB Inc. is a digital financial services company, with combined assets under management and administration. Through its subsidiary, Equitable Bank, offers banking services. It operates through two main divisions: Personal Banking and Commercial Banking. Personal Banking operates through five business lines: EQ Bank, residential lending, wealth decumulation, and consumer lending through partnerships, a segment added with the Concentra Bank acquisition, and payments as a service supporting its fintech partners. Its diversified product suite consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Commercial Banking operates through seven business lines: business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment leasing, credit union and Concentra trust. It provides personal and commercial banking through its EQ Bank platform.


TSX:EQB - Post by User

EQB Inc
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Comment by Aarman4on Jul 29, 2020 2:15pm
185 Views
Post# 31338674

RE:Q2 Results are out

RE:Q2 Results are out
David0721 wrote: https://www.newswire.ca/news-releases/equitable-group-reports-q2-2020-results-including-earnings-growth-of-64-from-q1-806171018.html

Slight miss on revs and eps, but overall very positive outlook and still able to grow during this time, so overall i think it's a positive earnings report. 84.89 book value, this is crazy. Good luck to all longing

Still a lot of covid fear out there for financials, rightfully so. Great time to buy more though!

Cheers!
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