EQB posts MD&A for three and six months ended April 30, 2026

PUBT · 05/27 21:21
EQB posts MD&A for three and six months ended April 30, 2026
- EQB Inc. published its fiscal Q2 2026 MD&A, positioning the business for the planned July 1, 2026 close of the PC Financial acquisition.
- Acquisition cleared key reviews; purchase price includes about 7,200,000 EQB shares expected to represent about 17% ownership at close, plus cash.
- Adjusted net income was CAD 78.31 million; adjusted ROE was 10.2%; adjusted diluted EPS was CAD 2.03, reflecting higher credit provisioning.
- Loans under management rose to CAD 77.1 billion; EQ Bank deposits topped CAD 10.02 billion; net interest margin widened to 2.08% from 2.02%.
- Outlook calls for continued macro headwinds into the second half of 2026, with credit risk pressure easing only as conditions gradually stabilize.
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