EQB FY26 Q2 net income drops 43.2% y/y to $51.3 million
PUBT · 05/27 21:06
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- EQB Q2 2026 net income fell 43% y/y to $51.32 million; diluted EPS dropped 42% to $1.29.
- Return on equity narrowed to 6.5% from 11.4% a year earlier; provision for credit losses rose 50% y/y to $45.4 million.
- Revenue slipped 4% y/y to $302.4 million; EQ Bank customers climbed 18% to 659,000.
- Final approval secured for the PC Financial acquisition; expected to close July 1, 2026, lifting customer base to 3.3 million.
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: 202605271705PR_NEWS_USPR_____TO69107) on May 27, 2026, and is solely responsible for the information contained therein.
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