EQB Inc - Company Profile
Powered by 
All the data and insights you need on EQB Inc in one report.
$295
- Save hours of research time and resources with
our up-to-date EQB Inc Strategy Report
- Understand EQB Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
EQB Inc (EQB), formerly Equitable Group Inc, is a financial service company. It offers residential and commercial mortgage lending services. The company provides single-family lending services, securitization financing, deposit services, EQ bank savings accounts, lines of credit, term deposits, mortgage loans, commercial lending and advisory services. It also offers commercial real estate solutions, equipment leasing services and financing solutions under the commercial banking. The company offers services to business-for-self, real estate investors, small and medium-sized enterprises and individuals. EQB is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
30 St. Clair Avenue West, Suite 700, Toronto, Ontario, M4V3A1
Website
eqbank.investorroom.com
Telephone
1 416 5157000
No of Employees
1,743
Industry
Financial Services
Ticker Symbol & Exchange
EQB (TSE)
Revenue (2023)
$2.0B
52.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
37.5%
(2023 vs 2022)
Market Cap*
$2.5B
Net Profit Margin (2023)
XYZ
-10.0%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Services |
|---|
| Personal Banking Services |
| Commercial Banking Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company acquired a 75% stake in ACM Advisors Ltd. |
| 2022 | Acquisitions/Mergers/Takeovers | In February, Equitable Bank entered into definitive agreements to acquire a majority stake in Concentra. |
| 2021 | New Products/Services | In July, the company's announced to introduce a new arrangement with Desjardins Insurance to expand its life insurance lending program. |
Competitor Comparison
| Key Parameters | EQB Inc | Royal Bank of Canada | Canadian Imperial Bank of Commerce | Canadian Western Bank Group | Findev Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Toronto | Toronto | Edmonton | Toronto |
| State/Province | Ontario | Ontario | Ontario | Alberta | Ontario |
| No. of Employees | 1,743 | 93,753 | 48,074 | 2,505 | 35 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Hanley | Chairman | Executive Board | 2023 | 57 |
| Andrew Moor | President; Director; Chief Executive Officer | Executive Board | 2007 | 62 |
| Chadwick Westlake | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | - |
| Dan Broten | Chief Technology Officer; Senior Vice President | Senior Management | - | - |
| Marlene Lenarduzzi | Chief Risk Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer