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EQB Inc. T.EQB

Alternate Symbol(s):  T.EQB.P.C | 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 Jan 10, 2024 7:36am
129 Views
Post# 35818804

Analyst Recommendation

Analyst Recommendation
You'd think that after years of being unable to buy on weakness, he'd finally ante up. The good companies just keep growing stronger. GLTA

BUY ON WEAKNESS
Equitable Group(EQB-T)
09/01/2024
 
Are very well-managed. Are exposed to insurance, too. He's been wanting to buy this for years, but the price keeps running away from him. Trades at 1.3x book and 9.5x PE. Doesn't pay a big dividend, because they reinvest into the company, which is good.
Financial Services

Michael Sprung
$89.300
No
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