EQB reports lower first quarter adjusted net income of $85.2M, raises dividend
Posted Feb 25, 2026 07:14:01 PM.
Last Updated Feb 25, 2026 07:15:08 PM.
TORONTO — EQB Inc. reported adjusted net income of $85.2 million for the first quarter, down from $116.2 million during the same period a year earlier.
On a per-share basis, that amounted to adjusted earnings of $2.26, down from $2.98 a year earlier.
The owner of EQ Bank says its adjusted net interest income came in at $263.4 million, down from $270.6 million in the prior year quarter.
EQB says its adjusted revenue was $306.8 million during the period, down year over year from $322.6 million.
Chadwick Westlake, the CEO of EQB, says the company is energized to close its acquisition of PC Financial, announced in December of last year, and partner with Loblaw Companies.
EQB also raised its dividend by 16 per cent year over year, now sitting at 59 cents per common share.
This report by The Canadian Press was first published Feb. 25, 2026.
Companies in this story: (TSX:EQB)
The Canadian Press
