Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

EQB Inc T.EQB

Alternate Symbol(s):  EQGPF

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

Comment by HenoftheWoodson Jul 28, 2021 10:25pm
121 Views
Post# 33619121

RE:Smoking Numbers for Q2!!!

RE:Smoking Numbers for Q2!!!

OK. now what...

4.05$ EPS ... Estimate (Yahoo) was for 3.83... highest estimate was 4.02... That's 33% y/y growth and a 6% beat on earnings...

161 mil revenues vs estimate of 139 mil... hahaha... That's all I have to say...

2/1 spit ... this was necessary... I think institutions this was too illiquid and small investors may have been deterred by the price of the stock...

Expect the dividend to quickly double when government relaxes covid-related rules... They're full of cash and better capitalized than some of the big banks... 

I personally have an account with them and think they're great... Industy leading interest rates ... International bank transfers for peanuts.... US dollar accounts.... I could go on and on...

So what? Easy 20/share in 2022 and at a very reasonable p.e. 15 ... that's a price target of 300$ ...

p.s. Invest at your own risks... My risk is 1785 shares ...  

Hen
 

<< Previous
Bullboard Posts
Next >>