Desjardins Has Negative Outlook for EQB Q3 Earnings

Key Points

• Desjardins has revised its Q3 2025 earnings estimate for EQB Inc., lowering it from $2.70 to $2.31 per share while maintaining a "Buy" rating with a target price of $110.00.
• Multiple research firms, including BMO Capital Markets and National Bankshares, have recently decreased their price targets for EQB, with a consensus average target price of C$118.40.
• The company announced a dividend increase to $0.53 per share, reflecting a positive trend from the previous dividend and representing a yield of 2.1%.

EQB Inc. (TSE:EQB - Free Report) - Investment analysts at Desjardins dropped their Q3 2025 earnings per share (EPS) estimates for shares of EQB in a report issued on Tuesday, August 12th. Desjardins analyst D. Young now expects that the company will post earnings of $2.31 per share for the quarter, down from their prior forecast of $2.70. Desjardins currently has a "Buy" rating and a $110.00 target price on the stock. The consensus estimate for EQB's current full-year earnings is $12.60 per share.

Several other analysts also recently commented on the stock. BMO Capital Markets downgraded shares of EQB from an "outperform" rating to a "hold" rating and reduced their price objective for the stock from C$115.00 to C$111.00 in a research report on Tuesday, August 12th. Jefferies Financial Group raised their price target on shares of EQB from C$107.00 to C$119.00 in a report on Wednesday, August 13th. Scotiabank upgraded shares of EQB to a "hold" rating in a report on Monday. National Bankshares cut their price objective on shares of EQB from C$106.00 to C$104.00 and set a "sector perform" rating on the stock in a research report on Friday, August 15th. Finally, CIBC decreased their target price on EQB from C$130.00 to C$126.00 in a research report on Thursday, May 22nd. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, EQB currently has an average rating of "Hold" and an average target price of C$117.70.

EQB Trading Down 0.5%

EQB stock traded down C$0.54 during mid-day trading on Friday, reaching C$100.48. The company's stock had a trading volume of 24,668 shares, compared to its average volume of 84,786. The company has a market cap of C$3.89 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59. The business's 50 day moving average price is C$100.42 and its 200 day moving average price is C$98.06. EQB has a 12 month low of C$85.14 and a 12 month high of C$114.22.

EQB Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 13th. This is an increase from EQB's previous quarterly dividend of $0.51. EQB's payout ratio is currently 29.31%.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.