Research Analysts Issue Forecasts for EQB FY2026 Earnings

EQB Inc. (TSE:EQB) – Stock analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for EQB in a research note issued on Thursday, March 5th. Scotiabank analyst M. Saric now expects that the company will earn $9.42 per share for the year, up from their prior forecast of $8.87. The consensus estimate for EQB’s current full-year earnings is $12.60 per share.

EQB (TSE:EQB) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported C$6.56 earnings per share (EPS) for the quarter. EQB had a return on equity of 7.31% and a net margin of 7.79%.

EQB has been the subject of a number of other research reports. Veritas upgraded shares of EQB to a “hold” rating in a research note on Monday, December 1st. TD Securities cut their price objective on EQB from C$138.00 to C$132.00 in a research report on Thursday, February 26th. Raymond James Financial reduced their price objective on EQB from C$93.00 to C$91.00 in a research note on Friday, December 5th. National Bank Financial increased their target price on EQB from C$111.00 to C$120.00 and gave the stock a “sector perform” rating in a report on Thursday, February 26th. Finally, Desjardins raised their target price on EQB from C$110.00 to C$125.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$117.44.

EQB Stock Up 0.9%

TSE:EQB opened at C$119.03 on Friday. The firm has a market cap of C$4.44 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.34 and a beta of 0.78. EQB has a 12 month low of C$83.93 and a 12 month high of C$126.51. The company’s 50-day moving average price is C$110.53 and its two-hundred day moving average price is C$98.82.

EQB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, March 13th. This is a positive change from EQB’s previous quarterly dividend of $0.57. EQB’s dividend payout ratio is 31.28%.

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. At Equitable Bank we are as invested in our employees as we are in our business. Thats why we are consistently recognized as one of Canadas Top Employers a rating that comes from our 1300+ employees.