Equities Analysts Issue Forecasts for EQB FY2025 Earnings

EQB Inc. (TSE:EQB) – Investment analysts at National Bank Financial decreased their FY2025 earnings estimates for EQB in a research note issued to investors on Wednesday, August 27th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $8.96 for the year, down from their prior estimate of $10.50. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. National Bank Financial also issued estimates for EQB’s Q4 2025 earnings at $2.08 EPS and FY2026 earnings at $9.96 EPS.

EQB has been the topic of several other research reports. National Bankshares cut their price objective on EQB from C$104.00 to C$89.00 and set a “sector perform” rating on the stock in a report on Thursday. Desjardins decreased their price objective on shares of EQB from C$110.00 to C$103.00 and set a “buy” rating for the company in a research note on Friday. TD Securities lowered their price objective on shares of EQB from C$110.00 to C$100.00 and set a “hold” rating on the stock in a research report on Thursday. Raymond James Financial cut EQB from a “moderate buy” rating to a “hold” rating and decreased their target price for the stock from C$108.00 to C$93.00 in a research report on Thursday. Finally, CIBC dropped their price target on EQB from C$126.00 to C$116.00 and set a “hold” rating on the stock in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$102.40.

EQB Stock Up 0.2%

Shares of TSE EQB opened at C$90.45 on Monday. The stock’s fifty day simple moving average is C$101.32 and its 200 day simple moving average is C$97.53. The stock has a market capitalization of C$3.46 billion, a price-to-earnings ratio of 9.27, a PEG ratio of 0.34 and a beta of 1.42. EQB has a 52-week low of C$85.14 and a 52-week high of C$114.22.

EQB Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, June 13th. This is an increase from EQB’s previous quarterly dividend of $0.51. EQB’s payout ratio is currently 19.67%.

EQB Company Profile

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.