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The latest announcement is out from Equitable Group ( (TSE:EQB) ).
EQB Inc. has appointed Mike Pedersen to its Board of Directors effective immediately and plans to nominate him as Chair in April 2026 following a vote at the Annual General Shareholder Meeting. The transition prepares for Vincenza Sera’s retirement after 13 years of service, including milestones like launching EQ Bank and driving recent acquisitions. Pedersen, an accomplished leader in global financial services with significant governance and strategic expertise, is expected to strengthen EQB’s growth ambitions and bolster its position as a challenger in Canada’s banking market.
The most recent analyst rating on (TSE:EQB) stock is a Buy with a C$107.00 price target. To see the full list of analyst forecasts on Equitable Group stock, see the TSE:EQB Stock Forecast page.
More about Equitable Group
EQB Inc. (TSX: EQB) is a Canadian leader in digital financial services with $138 billion in combined assets under management and administration as of October 31, 2025. Operating as Canada’s seventh-largest bank through its wholly owned subsidiary, Equitable Bank, it emphasizes innovation and customer-centric solutions. EQB serves nearly 780,000 customers alongside over six million credit union members, driven by its mission to challenge and enhance Canadian banking via modern technologies, including its award-winning digital EQ Bank platform.
Average Trading Volume: 147,109
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.7B
For a thorough assessment of EQB stock, go to TipRanks’ Stock Analysis page.