RE:RE:RE:Still trading at a huge discount I have been following EQB for going on three years now. About the same time as HCG. As a business it seems fine. Haven't decided to bite yet. I understand why HCG had the 5 year SP perfomance it did. I don't understand why EQB has been running flat for so long other than the recent run. Doesn't compute for me.
Anyone know when EQB is announcing Q1 results? Usually around same time as HCG but other than annual sharholders meeting announcement, I haven't seen the notice. Is it at the same time as the share holders meeting?
MrSilbergIeit wrote: Because I don't think historical ROE is very relevant during a crisis. Yes, EQB is more profitable historically in terms of margins and ROE but at a time of crisis, loan provisions are toss ups. From what I know EQB has a much larger commercial loan portfolio which is riskier than residential mortgages. My guess is they will take a bigger hit in the short run? With a higher capital ratio and potentially less risky loan portfolio, I don't think HCG should be trading at such a large discount but that is just my take./
to be clear, i think both companies should be trading higher.
Northforce13 wrote: Why aren't you also mentioning the return on equity of each?