Q1 2025 Earnings Forecast for EQB Inc. Issued By Raymond James (TSE:EQB)

EQB Inc. (TSE:EQB) – Analysts at Raymond James lowered their Q1 2025 EPS estimates for shares of EQB in a report released on Thursday, August 29th. Raymond James analyst S. Boland now expects that the company will earn $3.01 per share for the quarter, down from their previous estimate of $3.02. The consensus estimate for EQB’s current full-year earnings is $11.44 per share. Raymond James also issued estimates for EQB’s Q2 2025 earnings at $3.06 EPS, Q3 2025 earnings at $3.14 EPS, Q4 2025 earnings at $3.23 EPS and FY2025 earnings at $12.44 EPS.

EQB (TSE:EQB) last posted its quarterly earnings data on Wednesday, August 28th. The company reported C$2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of C$2.93 by C$0.03. The business had revenue of C$327.24 million during the quarter, compared to analyst estimates of C$325.00 million. EQB had a return on equity of 14.70% and a net margin of 39.67%.

Several other brokerages also recently weighed in on EQB. TD Securities reduced their target price on shares of EQB from C$112.00 to C$109.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Scotiabank reduced their price objective on shares of EQB from C$113.00 to C$109.00 in a research report on Monday, August 19th. Royal Bank of Canada boosted their target price on EQB from C$107.00 to C$109.00 and gave the company an “outperform” rating in a research report on Thursday, May 30th. CIBC reduced their price target on EQB from C$110.00 to C$105.00 and set an “outperform” rating on the stock in a report on Tuesday, August 20th. Finally, Cormark dropped their price objective on EQB from C$121.00 to C$111.00 and set a “buy” rating for the company in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, EQB currently has a consensus rating of “Moderate Buy” and an average target price of C$105.67.

EQB Stock Down 1.1 %

Shares of EQB opened at C$94.29 on Monday. The business has a fifty day moving average of C$95.38 and a 200 day moving average of C$89.54. The company has a market cap of C$3.61 billion, a PE ratio of 10.13, a P/E/G ratio of 0.34 and a beta of 1.58. EQB has a 52-week low of C$66.41 and a 52-week high of C$98.88.

EQB Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be given a dividend of $0.47 per share. This is an increase from EQB’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.99%. EQB’s dividend payout ratio is presently 19.33%.

About EQB

EQB Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions.