EQB reported Q1 FY2026 results with reported net income of CAD 79.5 million and diluted EPS of CAD 2.11. On an adjusted basis, net income was CAD 85.2 million, adjusted diluted EPS was CAD 2.26, and adjusted pre-provision, pre-tax income (PPPT) was CAD 156.2 million. Q1 revenue was CAD 306.8 million and adjusted net interest margin $(NIM)$ was 2.02%. Adjusted ROE was 11.1%, and book value per share was CAD 81.75. The CET1 ratio was 13.6% and the total capital ratio was 16.0%. Business highlights included total AUM + AUA of CAD 142.0 billion and EQ Bank customers of 633,000. EQ Bank deposits were CAD 9.94 billion, and the bank added 26,000 new retail and business customers in Q1. EQB said it filed applications with OSFI and Canada’s Competition Bureau in January 2026 related to its planned acquisition of PC Financial and established an Integration Management Office. The company declared a common share dividend of CAD 0.59 per share, payable March 31, 2026, and repurchased 1,066,890 common shares in Q1 under its NCIB/ASPP.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQB Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602251705PR_NEWS_USPR_____TO95874) on February 25, 2026, and is solely responsible for the information contained therein.
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