Investor Relations

We drive change in Canadian banking to enrich people's lives


Corporate Overview

EQB Inc. (TSX: EQB and EQB.PR.C) is a leading digital financial services company with $123 billion in combined assets under management and administration (as at April 30, 2024). It offers banking services through Equitable Bank, a wholly owned subsidiary and Canada’s seventh largest bank by assets, and wealth management through ACM Advisors, a majority owned subsidiary specializing in alternative assets. As Canada’s Challenger Bank™, Equitable Bank has a clear mission to drive change in Canadian banking to enrich people’s lives. It leverages technology to deliver exceptional personal and commercial banking experiences and services to over 639,000 customers and more than six million credit union members through its businesses. Through its digital EQ Bank platform (, its customers have named it one of Canada's top banks on the Forbes World's Best Banks list since 2021.

EQB Live Stock Price
Q2 2024
May 29, 2024

EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) today reported record revenue and pre-provision, pre-tax earnings for the three and six months ended April 30, 2024 that reflected growth in revenue from margin...

Our Business Lines

With more than 1,800 employees across Canada, the Bank operates through two main divisions each with multiple diverse business lines -  Personal Banking and Commercial Banking, with recognized brands including Equitable Bank, EQ Bank, Bennington Financial and Concentra Trust.

Personal Banking

Personal Banking operates through five businesses lines: EQ Bank, Residential Lending, Wealth Decumulation, and now consumer lending through partnerships, a segment added with the Concentra Bank acquisition, and payments as a service supporting our fintech partners.

Personal Banking serves nearly 617,000 Canadians, with total loans under management of ~$33 billion. Its diversified product suite consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Our savings products are offered through EQ Bank, Equitable Bank, Equitable Trust, and a network of independent financial planners and brokers. Equitable Bank and Equitable Trust are each members of the Canada Deposit Insurance Corporation.

Commercial Banking

Commercial Banking operates through seven business lines: Business Enterprise Solutions, Commercial Finance Group, Multi-unit Insured, Specialized Finance, Equipment Leasing, Credit Union & Concentra Trust.

Commercial Banking serves over 21,000 Canadian businesses and has ~$33 billion in loans under management and ~$47 billion in assets under administration (Concentra Trust). We lend through a network of mortgage and leasing brokers, lending partners, and other financial institutions. Commercial loans involve lending on multi-unit residential, industrial and office buildings, and other commercial properties. Our businesses compete based on service excellence, the breadth and strength of our partnerships & our in-depth knowledge of target markets.

Open Banking

We are dedicated proponents of Open Banking, with a goal to deliver a better, more seamless banking experience for all Canadians


We are committed to running a sustainable, socially-responsible Bank through our Environmental, Social and Governance practices

Executive Bios

We are led by a diverse group of highly experienced executives, with decades of specialized leadership amongst them

Reasons to Invest
Proven track record

We deliver long-term shareholder value through measured growth and financial discipline. We choose to play in areas that we can win and constantly explore ways to challenge the status quo. Our ROE is our north star and we have consistently delivered on this metric, averaging an ROE of +16%* over the last 10 years.

*This non-GAAP adjusted measure is as of April 30, 2024 and is calculated by taking the average of the last forty quarters’ ROE. Each quarter’s ROE is defined as net income available to common shareholders as a percentage of weighted average common equity outstanding during the period.

Leading Canadian digital bank

We offer Canadians the chance to get more out of everyday dollars by earning high interest and not paying fees for everyday banking. We serve those who are looking to do things differently and aren’t getting all that they need from their traditional bank. The trend is catching on: approximately 457,000 (and growing) Canadians have opened an EQ Bank account.


We are the first Bank in Canada to host its core banking system in the cloud, enabling scalability for our personal and commercial banking solutions. We operate using a strategic partnership model that allows us to create and collaborate with fintechs and other tech-enabled organizations to offer borrowing and lending solutions for people and businesses.

Fortress balance sheet

We are guided by our prudent risk appetite and benefit from our differentiated underwriting expertise, and as a result, we operate with very low credit losses. Our loan book is almost 100% secured, and we hold first credit position on all loans. We have made drastic enhancements to our sources of funding over the last 5 years and continue to diversify our funding stack through EQ Bank, covered bonds, bearer deposit notes and more.

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