Latest news with #EQBInc
Cision Canada
01-05-2025
- Business
- Cision Canada
EQB to announce second quarter 2025 results and host earnings call
TORONTO, May 1, 2025 /CNW/ - EQB Inc. (TSX: EQB) will report its second quarter fiscal 2025 financial results after market close on May 28, 2025, and will host an earnings conference call on May 29, 2025, at 10:30 a.m. ET. EQB's Andrew Moor, president and chief executive officer, Marlene Lenarduzzi, chief risk officer, and David Wilkes, vice president and head of finance, will host the listen-only conference call and webcast. The details of the call/webcast are as follows: Call archive A replay of the conference call with the accompanying slides will be archived on EQB's investor relations website at EQB Inc. (TSX: EQB) is a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). 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 700,000 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. To learn more, please visit or connect with us on LinkedIn. Investor contact: David Wilkes Vice President and Head of Finance [email protected] Media contact: Maggie Hall Director, PR & Communications [email protected] SOURCE EQB Inc.
Malaysian Reserve
01-05-2025
- Business
- Malaysian Reserve
EQB to announce second quarter 2025 results and host earnings call
TORONTO, May 1, 2025 /CNW/ – EQB Inc. (TSX: EQB) will report its second quarter fiscal 2025 financial results after market close on May 28, 2025, and will host an earnings conference call on May 29, 2025, at 10:30 a.m. ET. EQB's Andrew Moor, president and chief executive officer, Marlene Lenarduzzi, chief risk officer, and David Wilkes, vice president and head of finance, will host the listen-only conference call and webcast. The details of the call/webcast are as follows: Date: May 29, 2025 Time: 10:30 a.m. ET Via listen-only webcast with slides: Via telephone with operator assistance: 416-945-7677 (Toronto area) 888-699-1199 (North America toll free) Please join 5 minutes prior to start time Via telephone without operator assistance: to register phone numbers up to 15 minutes prior to start time to receive an automatic call-back to the conference Call archive A replay of the conference call with the accompanying slides will be archived on EQB's investor relations website at About EQB Inc. EQB Inc. (TSX: EQB) is a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). 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 700,000 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. To learn more, please visit or connect with us on LinkedIn. Investor contact:David WilkesVice President and Head of Financeinvestor_enquiry@ Media contact:Maggie HallDirector, PR &
Yahoo
01-05-2025
- Business
- Yahoo
EQB to announce second quarter 2025 results and host earnings call
TORONTO, May 1, 2025 /CNW/ - EQB Inc. (TSX: EQB) will report its second quarter fiscal 2025 financial results after market close on May 28, 2025, and will host an earnings conference call on May 29, 2025, at 10:30 a.m. ET. EQB's Andrew Moor, president and chief executive officer, Marlene Lenarduzzi, chief risk officer, and David Wilkes, vice president and head of finance, will host the listen-only conference call and webcast. The details of the call/webcast are as follows: Date: May 29, 2025 Time: 10:30 a.m. ET Via listen-only webcast with slides: Via telephone with operator assistance: 416-945-7677 (Toronto area) 888-699-1199 (North America toll free) Please join 5 minutes prior to start time Via telephone without operator assistance: to register phone numbers up to 15 minutes prior to start time to receive an automatic call-back to the conference Call archive A replay of the conference call with the accompanying slides will be archived on EQB's investor relations website at About EQB Inc. EQB Inc. (TSX: EQB) is a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). 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 700,000 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. To learn more, please visit or connect with us on LinkedIn. Investor contact:David WilkesVice President and Head of Financeinvestor_enquiry@ Media contact:Maggie HallDirector, PR & View original content to download multimedia: SOURCE EQB Inc. View original content to download multimedia:
Yahoo
11-04-2025
- Business
- Yahoo
Individual investors among EQB Inc.'s (TSE:EQB) largest stockholders and were hit after last week's 7.0% price drop
The considerable ownership by individual investors in EQB indicates that they collectively have a greater say in management and business strategy A total of 25 investors have a majority stake in the company with 46% ownership Recent sales by insiders AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of EQB Inc. (TSE:EQB), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 50% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). As a result, individual investors as a group endured the highest losses last week after market cap fell by CA$256m. In the chart below, we zoom in on the different ownership groups of EQB. Check out our latest analysis for EQB Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in EQB. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see EQB's historic earnings and revenue below, but keep in mind there's always more to the story. EQB is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Smith Financial Corporation with 18% of shares outstanding. Oakwest Corporation Limited is the second largest shareholder owning 9.6% of common stock, and Dimensional Fund Advisors LP holds about 3.4% of the company stock. Additionally, the company's CEO Andrew R. Moor directly holds 1.4% of the total shares outstanding. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. We can report that insiders do own shares in EQB Inc.. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around CA$53m worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. The general public -- including retail investors -- own 50% of EQB. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. It seems that Private Companies own 27%, of the EQB stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with EQB . But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
09-04-2025
- Business
- Yahoo
EQB announces voting results of annual general meeting of shareholders
TORONTO, April 9, 2025 /CNW/ - EQB Inc. (TSX: EQB) announced today the election of the 10 nominees listed in the management information circular dated February 13, 2025, as directors of EQB at the annual meeting of shareholders held earlier today. The results of the vote for director elections are as follows: Nominee Votes For % For Votes Withheld %Withheld Michael Emory 25,996,363 99.55 117,039 0.45 Susan Ericksen 26,093,185 99.92 20,217 0.08 Kishore Kapoor 26,096,132 99.93 17,270 0.07 Yongah Kim 26,046,767 99.74 66,635 0.26 Marcos Lopez 26,096,468 99.94 16,934 0.06 Andrew Moor 25,999,231 99.56 114,171 0.44 Rowan Saunders 25,990,492 99.53 122,910 0.47 Carolyn Schuetz 25,790,101 98.76 323,301 1.24 Vincenza Sera 25,990,449 99.53 122,953 0.47 Michael Stramaglia 25,996,048 99.55 117,354 0.45 About EQB Inc. EQB Inc. (TSX: EQB) is a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). 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 700,000 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. To learn more, please visit or connect with us on LinkedIn. Investor contact: David Wilkes Vice President and Head of Finance investor_enquiry@ Media contact: Maggie Hall Director, PR & Communications View original content to download multimedia: SOURCE EQB Inc. View original content to download multimedia:
