|Bid||71.22 x 0|
|Ask||71.63 x 0|
|Day's Range||70.99 - 71.89|
|52 Week Range||56.12 - 74.76|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||7.36|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||1.24 (1.71%)|
|1y Target Est||85.00|
Don’t fret over the tax deductions and your lower disposable income. You can boost after-income by investing in bank stocks like Laurentian Bank of Canada (TSX:LB) and Equitable Group Inc. (TSX:EQB).
TORONTO, June 19, 2019 /CNW/ - Equitable Group Inc. (TSX:EQB and EQB.PR.C) ("Equitable" or "Company") today announced it has closed a $400 million secured backstop liquidity facility with a syndicate of Canadian bank lenders led by The Toronto-Dominion Bank and including Bank of Montreal, CIBC, National Bank, and Scotiabank. The new 2-year facility replaces a more expensive maturing backstop and results in savings to the Company of approximately $1.6 million per quarter ($0.29 of annualized EPS benefit) as compared with Q1 2019. The cost of the new facility, on an undrawn basis, is 60 basis points or $2.4 million per annum. The interest rate on any funds drawn under the facility would be equal to CDOR plus 125 basis points, which makes it competitive with the Bank`s most recent Deposit Note issuance. The Company did not draw on its previous facility that was put in place following a period of funding market instability in the spring of 2017 and does not anticipate drawing on the new facility.
Big banks are under pressure in a shifting credit environment while lenders like Goeasy Ltd. (TSX:GSY) and Equitable Group Inc. (TSX:EQB) have carved out impressive growth.
Andrew R. Moor became the CEO of Equitable Group Inc. (TSE:EQB) in 2007. This analysis aims first to contrast CEO...
Canada housing continues to face challenges, but low rates should sustain the wider market and companies like Equitable Group Inc. (TSX:EQB) going forward.
Being risk averse and going for foreign dividends can be costly when managing a TFSA account. By changing this way of thinking, Equitable Group Inc. (TSX:EQB) and Inter Pipeline Ltd. (TSX:IPL) are good dividend stock choices for any TFSA.
MONTREAL, May 27, 2019 /CNW/ - Equitable Bank ("Canada's Challenger Bank™"), the wholly owned subsidiary of Equitable Group Inc. (TSX: EQB and EQB.PR.C) today announced the launch of the Equitable Bank Reverse Mortgage in Quebec. "Many banks, Equitable included, offer services that help Quebecers build their wealth, but surprisingly few do what we have done: design a product that efficiently unlocks home equity for those in the asset decumulation stage of life," said Natalie Cormier, Regional Director Quebec, Equitable Bank. The need for the Equitable Bank Reverse Mortgage is clear: only six per cent of Canadians feel financially well-positioned to tackle retirement and 43% have saved less than $100,000, according to Mintel's 2018 Retirement Planning Report.
In like a lion, out like a lamb. Equitable Group Inc (TSX:EQB) was up 24% year to date heading into May. It’s been downhill ever since. Buy on the dip?
Value investors: it's time to check out E-L Financial Corporation Limited (TSX:ELF), Equitable Group Inc. (TSX:EQB), and American Hotel Properties REIT (TSX:HOT.UN).
TORONTO , May 15, 2019 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) ("Equitable" or the "Company") today announced that the nominees listed in the Management Information Circular ...
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
TORONTO , May 9, 2019 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) ("Equitable" or the "Company") today reported record financial results for the three months ended March 31, ...
Home Capital Group Inc. (TSX:HCG) and Equitable Group Inc. (TSX:EQB) are risky plays in a housing market still trying to get back up to speed.
If you want to know who really controls Equitable Group Inc. (TSE:EQB), then you'll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a no...
TORONTO, April 16, 2019 /CNW/ - Equitable Bank, a wholly owned subsidiary of Equitable Group Inc. (the "Company") (TSX:EQB and EQB.PR.C) today announced the closing of a successful institutional placement of a $150 million 2-year fixed rate deposit note due April 16, 2021 (the "Deposit Note"). The Deposit Note was priced at 160 basis points over comparable term Government of Canada bonds, which was tighter than the levels achieved on Equitable's last deposit note issuance. Similarly, twenty-five (25) investors participated in the deal, almost twice as many as in the Company's previous deposit note issuance. The Deposit Note ranks equally and ratably with all present and future unsecured and unsubordinated liabilities of the Company. It is not eligible for Canada Deposit Insurance Corporation insurance.
TORONTO, April 10, 2019 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) ("Equitable" or the "Company") today launched its first all-digital annual report to give shareholders a more comprehensive and accessible method for reviewing the progress of its business. This innovative format aligns with Equitable's digital strategy and positioning as Canada's Challenger Bank™. The report contains a personal message from Equitable's Chair of the Board and a video featuring Equitable's President and CEO, in addition to serving as a digital repository for key annual disclosures including the MD&A and Consolidated Financial Statements, Management Information Circular, Annual Information Form and Public Accountability Statement.
TORONTO , April 5, 2019 /CNW/ - Equitable Group Inc. ( TSX: EQB and EQB.PR.C ) ("Equitable" or the "Company") will report its financial results for the three months ended March 31, ...
Equitable Group Inc. (TSX:EQB) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) are well positioned to benefit from policy changes in Budget 2019.
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger returns, and build a portfolio ourselves. JustRead More...
Husky Energy Inc. (TSX:HSE) has been undervalued for some time now, but are stocks like it worth buying for the long term?
Home Capital Group Inc. (TSX:HCG) and Equitable Group Inc. (TSX:EQB) will find it difficult to thrive if the deep freeze in Canadian housing persists.
Equitable Group Inc (TSX:EQB) is a top stock for investors. It is a triple threat offering earnings growth, value, and a growing dividend.