Equitable Group Inc (TSE:EQB)
TSX:EQB
Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.2Last Year’s EPS
2.07Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive outlook: solid strategic progress (EQ Bank customer and deposit growth, 10% LUM growth, strong off-balance-sheet multi-unit performance, PC Financial acquisition, and a $45M run-rate cost savings program) is balanced against near-term financial pressures (weaker non-interest revenue, higher provisions and impaired loans, a one-time $92M restructuring charge, and a depressed Q4 ROE of 7.5%). Management is optimistic about improving efficiency, credit trends and revenue pickup in H2 FY2026, but material macro and credit uncertainties remain.Company Guidance
Loans Under Management Growth
LUM increased 10% year-over-year to $74.5 billion (1% sequentially), driven by a 36% YoY surge in off-balance-sheet CMHC-insured multi-unit residential mortgages.
EQ Bank Customer and Deposit Expansion
EQ Bank customers grew 18% YoY; EQ Bank demand deposits rose 38% YoY and deposit balances for EQ Bank ended the year at nearly $10 billion, supporting a larger low-cost funding base.
Total Deposit Growth and Funding Mix Progression
Company-wide deposits rose 9% YoY to $36.1 billion (1% sequentially), with management emphasizing a shift to deposit-funded, lower-cost sources of funding.
Net Interest Margin Improvement (Sequential)
Net interest margin expanded 4 basis points sequentially to 2.01%; net interest income was $265 million (down 2% YoY, up 1% QoQ).
New Product Launch — Small Business Banking
Small business banking launched in October with fully digital features and competitive pricing; achieved $140 million in business deposits by end of October prior to large marketing investments.
Capital Strength and Shareholder Returns
CET1 ratio remained strong and flat at 13.3%; quarterly dividend increased to $0.57 (from $0.55 last quarter and $0.49 last year) and the bank repurchased a record 731,000 shares during the quarter.
Restructuring Targeted to Improve Efficiency
One-time pretax restructuring charge of $92 million announced to sharpen focus on high-return initiatives; expected run-rate expense savings of approximately $45 million annually starting in fiscal 2026.
Strategic Acquisition to Complete Product Shelf
PC Financial acquisition (expected close H2 FY2026) positioned to add payments/loyalty capabilities (PC Optimum), deepen distribution and accelerate deposit and non-interest revenue growth; trailing 12-month loss ratio reported around ~4% for PCF and management expects the deal to be accretive with strong ROE potential.
TSE:EQB 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
TSE:EQB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | C$116.27 | C$115.74 | -0.45% |
Dec 03, 2025 | C$85.88 | C$96.91 | +12.85% |
Aug 27, 2025 | C$99.91 | C$88.70 | -11.22% |
May 28, 2025 | C$96.92 | C$89.71 | -7.44% |
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 Inc (TSE:EQB) report earnings?
Equitable Group Inc (TSE:EQB) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Equitable Group Inc (TSE:EQB) earnings time?
Equitable Group Inc (TSE:EQB) earnings time is at Aug 04, 2026, After Close (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 TSE:EQB EPS forecast?
TSE:EQB EPS forecast for the fiscal quarter 2026 (Q2) is 2.2.