Equitable Group ( (EQGPF) ) has released its Q2 earnings. Here is a breakdown of the information Equitable Group presented to its investors.
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Equitable Group Inc. is a leading digital financial services company in Canada, operating primarily in the banking and wealth management sectors through its subsidiaries, Equitable Bank and ACM Advisors. Known as Canada’s Challenger Bank, it leverages technology to offer innovative banking solutions to over 742,000 customers.
In its latest earnings report for Q2 2025, Equitable Group highlighted continued growth in loans under management and an increase in total assets under management and administration, reaching $134 billion. Despite economic uncertainties, the company reported a decline in earnings per share and net income compared to the previous year, but maintained a strong capital position.
Key financial metrics from the report include an adjusted return on equity of 11.9% and a net interest margin of 2.20%. The company declared a common share dividend of $0.53, marking an 18% increase year-over-year. Equitable Group also reported significant growth in its EQ Bank customer base, which increased by 23% year-over-year.
Looking forward, Equitable Group remains focused on leveraging its strengths in customer service and innovation to navigate economic challenges. The management anticipates continued growth in shareholder value and a positive outlook for the remainder of 2025 and into 2026.
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