National Bank Financial Predicts Weaker Earnings for EQB

Key Points

• National Bank Financial has revised its Q3 2025 EPS estimate for EQB Inc. from $2.74 to $2.55, reflecting a significant downtrend in earnings expectations.
• Several research firms have recently lowered their price targets for EQB, with BMO Capital Markets reducing it from C$115.00 to C$111.00, indicating a cautious outlook on the stock.
• EQB has increased its quarterly dividend from $0.51 to $0.53, resulting in an annualized dividend yield of 2.1%, which may attract income-focused investors.

EQB Inc. (TSE:EQB - Free Report) - Equities researchers at National Bank Financial reduced their Q3 2025 earnings per share estimates for shares of EQB in a note issued to investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $2.55 for the quarter, down from their previous forecast of $2.74. The consensus estimate for EQB's current full-year earnings is $12.60 per share. National Bank Financial also issued estimates for EQB's Q4 2025 earnings at $2.65 EPS, FY2025 earnings at $10.50 EPS and FY2026 earnings at $12.20 EPS.

A number of other equities analysts have also recently commented on the company. BMO Capital Markets cut EQB from an "outperform" rating to a "hold" rating and decreased their price target for the stock from C$115.00 to C$111.00 in a research note on Tuesday, August 12th. National Bankshares decreased their price target on EQB from C$106.00 to C$104.00 and set a "sector perform" rating on the stock in a research note on Friday, August 15th. CIBC decreased their price target on EQB from C$130.00 to C$126.00 in a research note on Thursday, May 22nd. Jefferies Financial Group lifted their price target on EQB from C$107.00 to C$119.00 in a research note on Wednesday, August 13th. Finally, Desjardins set a C$110.00 price target on EQB and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of C$117.70.

EQB Price Performance

EQB stock traded up C$1.57 during trading hours on Monday, reaching C$101.38. The company had a trading volume of 148,156 shares, compared to its average volume of 86,439. The company has a 50-day moving average price of C$100.92 and a 200 day moving average price of C$98.01. The firm has a market cap of C$3.92 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 0.34 and a beta of 1.59. EQB has a 12-month low of C$85.14 and a 12-month high of C$114.22.

EQB Increases Dividend

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