Desjardins Issues Pessimistic Estimate for EQB Earnings

EQB Inc. (TSE:EQB) – Desjardins cut their Q3 2025 earnings per share estimates for shares of EQB in a research note issued to investors on Tuesday, August 12th. Desjardins analyst D. Young now expects that the company will post earnings of $2.31 per share for the quarter, down from their previous forecast of $2.70. Desjardins currently has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share.

Several other research firms have also weighed in on EQB. BMO Capital Markets lowered EQB from a “strong-buy” rating to a “hold” rating and lowered their price target for the stock from C$115.00 to C$111.00 in a research report on Tuesday. National Bankshares decreased their target price on EQB from C$106.00 to C$104.00 and set a “sector perform” rating on the stock in a report on Friday. Jefferies Financial Group boosted their target price on EQB from C$107.00 to C$119.00 in a report on Wednesday. Finally, CIBC decreased their target price on EQB from C$130.00 to C$126.00 in a report on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, EQB currently has an average rating of “Moderate Buy” and an average price target of C$117.70.

EQB Stock Up 0.2%

TSE:EQB opened at C$101.83 on Friday. The firm has a market capitalization of C$3.94 billion, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59. EQB has a twelve month low of C$85.14 and a twelve month high of C$114.22. The stock’s 50 day moving average price is C$100.11 and its two-hundred day moving average price is C$98.26.

EQB Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a $0.53 dividend. This is a boost from EQB’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, June 13th. This represents a $2.12 annualized dividend and a yield of 2.1%. EQB’s dividend payout ratio is presently 29.31%.

About EQB

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.