Research Analysts Offer Predictions for EQB FY2026 Earnings

EQB Inc. (TSE:EQB) – Scotiabank reduced their FY2026 earnings per share (EPS) estimates for EQB in a note issued to investors on Friday, June 5th. Scotiabank analyst M. Saric now expects that the company will post earnings of $9.07 per share for the year, down from their prior forecast of $9.32. Scotiabank has a “Sector Perform” rating and a $125.00 price objective on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Scotiabank also issued estimates for EQB’s FY2027 earnings at $12.11 EPS.

EQB has been the topic of a number of other research reports. TD cut their target price on EQB from C$132.00 to C$123.00 and set a “buy” rating on the stock in a research report on Thursday, May 28th. TD Securities cut their target price on EQB from C$138.00 to C$132.00 in a research report on Thursday, February 26th. Jefferies Financial Group boosted their target price on EQB from C$110.00 to C$112.00 in a research report on Wednesday, May 20th. National Bank Financial set a C$120.00 target price on EQB and gave the company a “sector perform” rating in a research report on Friday, May 15th. Finally, Raymond James Financial cut their target price on EQB from C$127.00 to C$123.00 and set a “market perform” rating on the stock in a research report on Friday, May 29th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$122.50.

EQB Stock Up 0.3%

Shares of TSE EQB opened at C$119.19 on Tuesday. The firm has a market cap of C$4.22 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 0.34 and a beta of 1.01. EQB has a 52-week low of C$83.93 and a 52-week high of C$126.51. The business’s 50 day moving average is C$116.84 and its two-hundred day moving average is C$109.62.

EQB (TSE:EQB) last announced its earnings results on Wednesday, May 27th. The company reported C$2.03 earnings per share (EPS) for the quarter. The company had revenue of C$302.36 million for the quarter. EQB had a return on equity of 6.16% and a net margin of 6.61%.

EQB Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.0%. This is a positive change from EQB’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, June 15th. EQB’s payout ratio is presently 44.01%.

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.