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An update from Equitable Group ( (TSE:EQB) ) is now available.
EQB Inc. has announced the unexpected passing of its President and CEO, Andrew Moor, a visionary leader who significantly transformed the company into a major player in Canadian banking. During his tenure, Moor expanded EQB’s assets and employee base, positioning it as a Challenger Bank™ with a strong focus on innovation and shareholder value. In response to his passing, EQB has appointed Marlene Lenarduzzi as interim CEO, ensuring continuity in leadership while the board finalizes a permanent succession plan. Lenarduzzi, with over 25 years of experience in risk management and banking strategy, is expected to maintain the company’s forward momentum during this transitional period.
The most recent analyst rating on (TSE:EQB) stock is a Buy with a C$105.00 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. is a leading digital financial services company with $134 billion in combined assets under management and administration. It operates through Equitable Bank, Canada’s seventh largest bank by assets, and serves as a major lender in the single-family mortgage market, reverse mortgage, insurance lending, commercial lending, and equipment financing markets. EQB is also the largest securitizer of CMHC-insured multi-unit residential mortgages in Canada, supporting affordable rental housing. The company is known for its innovative banking solutions, including EQ Bank, an all-digital platform offering no-fee, high-interest savings options.
Average Trading Volume: 91,468
Technical Sentiment Signal: Buy
Current Market Cap: C$3.59B
Find detailed analytics on EQB stock on TipRanks’ Stock Analysis page.