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Opinions Jerome Hass
Equitable GroupEQB.TODON'T BUYApr 26, 2016
Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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One of the criteria we used is Total long-term debt to Total Equity less than 1.5x, and EQB does not meet those criteria.
However, we think EQB’s capital base is good, growth has been strong recently.
We like EQB and would be comfortable holding it for the long term.
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Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. 10-year ROE average of 16.6%. More than 340,000 customers. Recent acquisition of Concentra Bank. Strong balance sheet and valuation. Unlock Premium - Try 5i Free
Andrey Omelchak
Don LatoHe thinks this mortgage lender has a dividend that is growing and trades at a low PE ratio. It is not a low risk company, as it makes loans to non-conventional borrowers. At this point in the market cycle, with high consumer debt, he would prefer to own a bank with larger market cap and higher liquidity. Yield 1.5%.
Had launched a bank, and got quite a bit of attention in January when they had a savings account that was paying 3%. It was remarkably successful, and probably more than they had anticipated. Since then it has scaled back to about 2.25%. If you are lending in mortgages and paying 3% on deposits, that is going to have a real squeeze on your net interest margin. On top of that, they did a fair amount of marketing and advertising in Q1, which may have an impact on their Q1 numbers. Also, have about an 8% exposure in Alberta.