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Equitable Group (TSE:EQB)
:EQB
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.69Last Year’s EPS
2.96Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -4.51%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong earnings, growth in key lending areas, and increased customer acquisition. However, challenges remain with impaired loans and ongoing uncertainties related to the Pride Group bankruptcy. The positive elements, such as strong ROE, growth in uninsured lending, and customer base expansion, significantly outweigh the lowlights.Company Guidance
During EQB's Q1 2025 earnings call, several key metrics and forward-looking guidance were highlighted. The bank achieved a return on equity (ROE) of 15.2%, driven by strong growth in its uninsured single-family residential lending business, with originations up 23% year-over-year. EQB reported earnings per share of $2.98, representing a 19% sequential increase and 8% year-over-year growth. The bank's net interest margin stood at 2.07%, and its non-interest revenue reached a record $59 million, up 40% from the previous year. EQB's total loans under management grew by 8% year-over-year to $69.3 billion. The bank also increased its dividend payout, reflecting a commitment to a 15% annual dividend growth over the medium term. Despite geopolitical uncertainties, EQB expressed optimism about future growth, supported by recent interest rate reductions and stable housing prices, with expectations for continued demand in its key lending markets. The bank's proactive risk management strategies, including improvements in equipment financing and commercial real estate resolutions, were also emphasized as part of its robust credit performance outlook.Strong Quarterly Earnings and ROE
EQB reported milestone quarterly earnings with a Return on Equity (ROE) of 15.2%. Earnings per share were $2.98, up 19% sequentially and 8% year-over-year.
Growth in Uninsured Single-Family Residential Lending
There was a significant increase in originations and portfolio growth, with uninsured single-family originations up 23% compared to last year and 13% compared to last quarter.
Increase in EQ Bank Customers
EQ Bank ended Q1 with 536,000 customers, up 26% year-over-year, with a growing number choosing EQ Bank as their primary bank.
Record Non-Interest Revenue
Non-interest revenue hit a record $59 million, up 4% from last quarter and 40% higher than the same period last year, reflecting strong progress in their diversification strategy.
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TSE:EQB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:EQB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | C$101.62 | C$102.72 | +1.08% |
| Dec 04, 2024 | C$108.32 | C$103.30 | -4.64% |
| Aug 28, 2024 | C$95.16 | C$94.04 | -1.17% |
| May 29, 2024 | C$77.25 | C$87.69 | +13.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Equitable Group (TSE:EQB) report earnings?
Equitable Group (TSE:EQB) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Equitable Group (TSE:EQB) earnings time?
Equitable Group (TSE:EQB) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:EQB EPS forecast?
TSE:EQB EPS forecast for the fiscal quarter 2025 (Q2) is 2.69.
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