EQB (EQGPF) to Release Earnings on Wednesday

EQB (OTCMKTS:EQGPF) is projected to issue its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $223.7690 million for the quarter.

EQB Price Performance

Shares of OTCMKTS:EQGPF traded up $0.98 during mid-day trading on Friday, reaching $86.86. 9,879 shares of the company’s stock were exchanged, compared to its average volume of 7,116. EQB has a twelve month low of $60.14 and a twelve month high of $89.47. The business’s fifty day moving average price is $78.31 and its 200-day moving average price is $70.63.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on EQGPF shares. BMO Capital Markets upgraded EQB from a “market perform” rating to an “outperform” rating in a research report on Monday, January 19th. TD Securities raised EQB from a “hold” rating to a “buy” rating in a research note on Wednesday. Desjardins reiterated a “buy” rating on shares of EQB in a report on Friday, December 5th. Scotiabank restated a “sector perform” rating on shares of EQB in a report on Friday, January 9th. Finally, National Bank Financial reaffirmed a “sector perform” rating on shares of EQB in a research note on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

EQB Company Profile

Equitable Group Inc (OTCMKTS: EQGPF) is the holding company for Equitable Bank, a Schedule I Canadian bank headquartered in Toronto. Established in 1970 as The Equitable Trust Company, the organization has grown into a diversified financial services provider with a focus on both residential and commercial lending. Equitable Group operates under a bank charter, offering a range of mortgage products—from government-insured and uninsurable residential mortgages to commercial and construction loans—catering to individuals, small businesses, and professional investors across Canada.

In addition to its core lending activities, Equitable Group has developed a digital banking arm known as EQ Bank.