EQB Inc. T.EQB

Alternate Symbol(s): EQGPF | T.EQB.P.C

Financial Services

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.

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EQB Inc. > Slapped upside the head

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Comment by Billionaireboion Mar 16, 2024 3:34pm

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RE:Slapped upside the head

yes quite the decline here. approaching the 200dma should hold there. I would be adding here.

reason for the decline could be the double in the amount of mortgages in arrears. Still a small overall amount but a noticible uptick as their mortgages renew typical in 1 or 2 years.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle