EQB (TSX:EQB) - Stock Price, News & Analysis

EQB Stock Overview

Through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.

About the company

EQB fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	5/6

Rewards

Trading at 62.1% below our estimate of its fair value

Earnings are forecast to grow 4.81% per year

Earnings grew by 51.8% over the past year

Pays a reliable dividend of 1.97%

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

EQB Inc. Competitors

Canadian Western Bank

TSX:CWB

CA$5.0b

VersaBank

TSX:VBNK

CA$470.5m

Bancorp

NasdaqGS:TBBK

US$2.6b

Independent Bank

NasdaqGS:INDB

US$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for EQB
Historical stock prices
Current Share Price	CA$95.38
52 Week High	CA$98.88
52 Week Low	CA$66.41
Beta	1.58
11 Month Change	1.67%
3 Month Change	9.44%
1 Year Change	20.47%
33 Year Change	23.53%
5 Year Change	90.40%
Change since IPO	742.21%

EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.47

Sep 02

Do EQB's (TSE:EQB) Earnings Warrant Your Attention?

Jun 30

Recent updates

Shareholder Returns

	EQB	CA Banks	CA Market
7D	-1.1%	2.2%	-0.07%
1Y	20.5%	15.0%	12.8%

Return vs Industry: EQB exceeded the Canadian Banks industry which returned 15% over the past year.

Return vs Market: EQB exceeded the Canadian Market which returned 12.8% over the past year.

Price Volatility

Is EQB's price volatile compared to industry and market?
EQB volatility
EQB Average Weekly Movement	3.0%
Banks Industry Average Movement	3.0%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: EQB has not had significant price volatility in the past 3 months.

Volatility Over Time: EQB's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1970	1,743	Andrew R. Moor	eqb.investorroom.com

EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans.

EQB Inc. Fundamentals Summary

How do EQB's earnings and revenue compare to its market cap?
EQB fundamental statistics
Market cap	CA$3.66b
Earnings (TTM)	CA$437.51m
Revenue (TTM)	CA$1.12b

8.4x

P/E Ratio

1.4x

P/B Ratio

Is EQB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EQB income statement (TTM)
Revenue	CA$1.12b
Cost of Revenue	CA$0
Gross Profit	CA$1.12b
Other Expenses	CA$686.66m
Earnings	CA$437.51m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	11.40
Gross Margin	100.00%
Net Profit Margin	38.92%
Debt/Equity Ratio	615.6%

How did EQB perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

11%

Payout Ratio

Does EQB pay a reliable dividends?

See EQB dividend history and benchmarks

When do you need to buy EQB by to receive an upcoming dividend?
EQB dividend dates
Ex Dividend Date	Sep 13 2024
Dividend Pay Date	Sep 30 2024
Days until Ex dividend	10 days
Days until Dividend pay date	27 days

Does EQB pay a reliable dividends?

See EQB dividend history and benchmarks

EQB Stock Overview

Rewards

Risk Analysis

EQB Inc. Competitors

TSX:CWB

CA$5.0b

TSX:VBNK

CA$470.5m

NasdaqGS:TBBK

US$2.6b

NasdaqGS:INDB

US$2.7b

Price History & Performance

Recent News & Updates

EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.47

Fourth quarter dividend of CA$0.47 announced

EQB Inc. to Report Q3, 2024 Results on Aug 28, 2024

Do EQB's (TSE:EQB) Earnings Warrant Your Attention?

President recently sold CA$253k worth of stock

President exercised options and sold CA$560k worth of stock

Recent updates

EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.47

Fourth quarter dividend of CA$0.47 announced

EQB Inc. to Report Q3, 2024 Results on Aug 28, 2024

Do EQB's (TSE:EQB) Earnings Warrant Your Attention?

President recently sold CA$253k worth of stock

President exercised options and sold CA$560k worth of stock

Fourth quarter dividend of CA$0.45 announced

EQB Inc. to Report Q2, 2024 Results on May 29, 2024

President recently sold CA$649k worth of stock

President exercised options to buy CA$2.0m worth of stock.

President recently sold CA$448k worth of stock

Upcoming dividend of CA$0.42 per share

EQB (TSE:EQB) Will Pay A Larger Dividend Than Last Year At CA$0.42

Fourth quarter dividend of CA$0.42 announced

EQB Inc. Declares Dividend, Payable on March 28, 2024

EQB Inc. to Report Q1, 2024 Results on Feb 28, 2024

EQB Inc., Annual General Meeting, Apr 10, 2024

President recently sold CA$338k worth of stock

President recently sold CA$1.1m worth of stock

President exercised options to buy CA$872k worth of stock.

President recently sold CA$2.5m worth of stock

EQB Inc. (TSX:EQB) completed the acquisition of 75% stake in ACM Advisors Ltd.

EQB (TSE:EQB) Is Increasing Its Dividend To CA$0.40

EQB Inc. Declares Dividend, Payable on December 29, 2023

Do EQB's (TSE:EQB) Earnings Warrant Your Attention?

President recently sold CA$681k worth of stock

President exercised options to buy CA$744k worth of stock.

President exercised options to buy CA$1.5m worth of stock.

EQB Inc. to Report Q4, 2023 Results on Dec 07, 2023

EQB Inc. (TSX:EQB) entered into a definitive agreement to acquire 75% stake in ACM Advisors Ltd.

Upcoming dividend of CA$0.38 per share at 1.9% yield

EQB's (TSE:EQB) Shareholders Will Receive A Bigger Dividend Than Last Year

Senior VP & Chief Risk Officer exercised options and sold CA$1.7m worth of stock

EQB's (TSE:EQB) Upcoming Dividend Will Be Larger Than Last Year's

Price target increased by 7.2% to CA$94.63

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

EQB Inc. Raises Earnings Guidance for the Year 2023

EQB Inc. to Report Q2, 2023 Results on Aug 01, 2023

President recently sold CA$326k worth of stock

President recently sold CA$326k worth of stock

Upcoming dividend of CA$0.37 per share at 2.2% yield

EQB (TSE:EQB) Has Announced That It Will Be Increasing Its Dividend To CA$0.37

EQB Inc. Announces Management Changes

EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.37

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently bought CA$70k worth of stock

Insider recently sold CA$113k worth of stock

Upcoming dividend of CA$0.35 per share at 2.2% yield

EQB's (TSE:EQB) Upcoming Dividend Will Be Larger Than Last Year's

EQB Inc. Declares Common Share Dividend for the First Quarter of 2023, Payable on March 31, 2023

Full year 2022 earnings: EPS misses analyst expectations

EQB Inc. to Report Q4, 2022 Results on Feb 16, 2023

President exercised options to buy CA$560k worth of stock.

President exercised options to buy CA$1.2m worth of stock.

President exercised options to buy CA$861k worth of stock.

Upcoming dividend of CA$0.33 per share

President exercised options and sold CA$490k worth of stock

Insider recently bought CA$154k worth of stock

EQB (TSE:EQB) Is Increasing Its Dividend To CA$0.33