Equitable Group Inc. is a leading financial services provider in Canada. It operates through its wholly owned subsidiary, Equitable Bank, which is the ninth largest Schedule I bank, and a Challenger Bank in Canada. The bank offers a wide range of residential and commercial lending and savings solutions to its wide range of clients including self borrowers, commercial real estate investors, and newcomers to Canada.
Equitable operates through a network of independent mortgage brokers and other business partners across Canada. The bank serves its clients from coast to coast through its branchless banking model and customer first approach. The bank’s operations can be organized into single family lending services, commercial lending services, securitization financing, EQ Bank and brokered deposits. Equitable Bank has approximately $27.5 billion in assets under management.
The bank has been diversifying into adjacent business such as reverse mortgages and cash surrender value LoC through its commercial lending platform, since 2018.
Equitable Bank Stock Details
- Ticker: TSE:EQB
- Sector: Financial Services
- Industry: Mortgage Finance
- Market Cap: 3.59B
- Market Cap Group: Mid Cap
- P/E: 8.32
- Dividend Yield: 1.92%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 6/10
- Dividend Income Fit: 4/10
EQB Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| EQB | TSE:EQB | Equitable Group | 3.59 | 8.32 | 1.92 | YES | 1 | 7 | 67 |
| FN | TSE:FN | First National Financial | 2.17 | 9.48 | 6.78 | YES | 1 | 7 | 67 |
| HCG | TSE:HCG | Home Capital Group | 1.69 | 9.79 | 1.37 | NO | 1 | 7 | 67 |
| TF | TSE:TF | Timbercreek Financial | 0.63 | 10.50 | 9.13 | NO | 1 | 7 | 67 |
Equitable Group - FAQ
What is the stock ticker for Equitable Group?
The stock ticker for Equitable Group is TSE:EQB.
Is Equitable Group a good stock to buy?
You need to consider your investment strategy and how TSE:EQB can fit in your portfolio.
The current dividend income score of 4/10 and dividend growth score of 6/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Equitable Group a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 60 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Equitable Group?
You can easily buy the EQB stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.