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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

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Post by Mephistopheles3on May 31, 2022 8:56am
490 Views
Post# 34719452

EQB - up 20% in 2-3 weeks & insider buying

EQB - up 20% in 2-3 weeks & insider buyingEQB has been on a tear since earnings release, it's now up around 20% in the last 2-3 weeks. 

Interesting to note that Steph Smith whom is the largest shareholder purchased $3 million of shares at a price of $60.226 which was disclosed yesterday.  For me, this is a strong indication that insiders are strongly with the company and are happy to pick up discounted shares.
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