Equitable Group ( (TSE:EQB) ) has issued an update.
EQB Inc. reported strong financial results for Q1 2025, with significant growth in loans under management and net interest income. The company achieved a milestone with adjusted earnings per share reaching $2.98, an 8% increase year-over-year, and total assets under management and administration hitting $132 billion. EQ Bank saw a 26% year-over-year increase in customer growth, reflecting the rising popularity of its digital offerings. The company also announced a 21% year-over-year increase in common share dividends, indicating confidence in its growth prospects. EQB’s focus on the Canadian market and its competitive digital banking services position it well for continued success, despite potential challenges from cross-border tariff threats.
More about Equitable Group
Equitable Group Inc. operates in the financial services industry, primarily offering digital banking services through EQ Bank. The company focuses on innovative banking solutions and holds leadership positions in the insured multi-unit residential, single-family residential, and decumulation markets in Canada.
YTD Price Performance: 5.37%
Average Trading Volume: 475
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.75B
For an in-depth examination of EQB stock, go to TipRanks’ Stock Analysis page.