Raymond James Financial Reduces Earnings Estimates for EQB

Key Points

• Raymond James Financial has reduced their Q4 2025 earnings per share estimate for EQB from $2.62 to $2.39, while the consensus estimate for the current full-year earnings is $12.60 per share.
• EQB has increased its quarterly dividend to $0.53 from $0.51, resulting in an annualized dividend of $2.12 and a yield of 2.1%.
• The stock currently has a consensus rating of "Moderate Buy" with a price target of C$118.40, despite some analysts downgrading their price objectives.

EQB Inc. (TSE:EQB - Free Report) - Analysts at Raymond James Financial decreased their Q4 2025 earnings per share (EPS) estimates for EQB in a research report issued on Wednesday, August 13th. Raymond James Financial analyst S. Boland now forecasts that the company will earn $2.39 per share for the quarter, down from their previous estimate of $2.62. The consensus estimate for EQB's current full-year earnings is $12.60 per share. Raymond James Financial also issued estimates for EQB's Q1 2026 earnings at $2.72 EPS, Q2 2026 earnings at $2.73 EPS, Q3 2026 earnings at $2.95 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $11.31 EPS.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group increased their target price on EQB from C$107.00 to C$119.00 in a research report on Wednesday. National Bankshares cut their price objective on EQB from C$117.00 to C$111.00 and set a "sector perform" rating on the stock in a report on Thursday, May 22nd. Desjardins set a C$110.00 price objective on EQB and gave the stock a "buy" rating in a report on Wednesday. BMO Capital Markets downgraded EQB from a "strong-buy" rating to a "hold" rating and cut their price objective for the stock from C$115.00 to C$111.00 in a report on Tuesday. Finally, CIBC cut their price objective on EQB from C$130.00 to C$126.00 in a report on Thursday, May 22nd. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$118.40.

EQB Stock Performance

TSE EQB traded down C$0.69 during trading hours on Thursday, hitting C$101.00. 1,797 shares of the company's stock were exchanged, compared to its average volume of 84,955. The business's 50 day moving average is C$99.70 and its 200-day moving average is C$98.40. EQB has a 12-month low of C$85.14 and a 12-month high of C$114.22. The firm has a market capitalization of C$3.91 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a $0.53 dividend. This is a boost from EQB's previous quarterly dividend of $0.51. 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. EQB's dividend payout ratio is presently 29.31%.

About EQB

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.

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