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Equitable Group (EQGPF)
:EQGPF
Earnings Data
Report Date
Nov 11, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
1.83Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 28, 2025
|% Change Since: -5.62%
|Next Earnings Date:Nov 11, 2025
Earnings Call Sentiment|Neutral
The earnings call revealed both strengths and challenges for EQB. While the company experienced strong loan origination and growth in EQ Bank customers, it faced significant issues with elevated provision for credit losses, lower earnings from securitization, and reduced ROE. The mixed performance in critical areas like credit quality and revenue streams suggests a cautious outlook for the near term.Company Guidance
During EQB's earnings call for the second quarter of 2025, the company provided detailed guidance on various metrics. EQB's single-family uninsured portfolio grew by 2% quarter-over-quarter, translating to $379 million. The insured construction portfolio increased by 10% quarter-over-quarter, while term loans under management rose by 6% over the same period, equating to nearly a 29% year-over-year increase. Despite a decline in gains on securitization from CMHC insured multifamily, higher earnings are anticipated in Q3 and Q4. EQ Bank saw significant growth, with deposits reaching $9.4 billion and customer numbers surpassing 560,000, marking a 23% increase year-over-year. EQB's return on equity (ROE) fell short of its 15% target, achieving 11.9% for the quarter and 13.6% for the first half of the fiscal year. Earnings per share (EPS) were recorded at $2.31 for the quarter and $5.29 for the first half. Provisions for credit losses (PCLs) increased, totaling $29 million, primarily due to the challenging macroeconomic environment, with Stage 3 PCLs at $23.2 million, largely associated with equipment financing. EQB remains optimistic about the medium-term, expecting ROEs to exceed 15%, supported by strong asset growth and strategic investments.Strong Loan Origination and Market Share Gains
EQB experienced one of the stronger periods for loan originations with market share gains. The single-family uninsured portfolio grew at 2% quarter-over-quarter, or $379 million. The insured construction portfolio increased 10% quarter-over-quarter and 29% year-over-year.
Growth in EQ Bank Customers and Deposits
EQ Bank's customer base grew 23% year-over-year, reaching over 560,000 customers. Deposits grew to $9.4 billion, with demand deposits up 10% quarter-over-quarter and 32% year-over-year.
Strong Performance in CMHC Insured Multi-Unit Residential
Growth in CMHC insured multi-unit residential was a highlight, with term loans under management increasing 6% quarter-over-quarter and 29% year-over-year.
EQGPF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EQGPF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2025 | $71.29 | $65.92 | -7.53% |
Feb 25, 2025 | $70.52 | $70.15 | -0.52% |
Dec 04, 2024 | $76.56 | $73.47 | -4.04% |
Aug 28, 2024 | $70.10 | $69.36 | -1.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Equitable Group (EQGPF) report earnings?
Equitable Group (EQGPF) is schdueled to report earning on Nov 11, 2025, TBA Not Confirmed.
What is Equitable Group (EQGPF) earnings time?
Equitable Group (EQGPF) earnings time is at Nov 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EQGPF EPS forecast?
Currently, no data Available