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| Sector | Financial Services |
|---|---|
| Industry | Banks - Regional |
| ISIN | CA26886R2037 |
| Exchange | TO |
| CurrencyCode | CAD |
| Dividend Yield | 6.0% |
|---|---|
| Beta | 1.58 |
| Market Cap | 1B |
| PE Ratio | 2.81 |
| Target Price | None |
EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides commercial loans, including business enterprise solutions for small-business owners, entrepreneurs, owner operators, and emerging investors; construction, bridge, or long-term financing; and structured financing solutions for specialty lenders across various asset classes of underbanked and unconventional industries. Further, it offers digital banking services. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.
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