EQB Inc. (TSX:EQB)

EQB Inc. Income Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,792	2,965	2,725	1,558	1,083	1,093
Interest Income on Investments	150.71	174.85	162.58	58.23	23.98	28.88
Total Interest Income	2,943	3,140	2,888	1,616	1,107	1,122
Interest Paid on Deposits	1,378	1,490	1,293	579	307.68	364.05
Interest Paid on Borrowings	524.92	598.98	588.74	303.83	217.03	260.21
Total Interest Expense	1,903	2,089	1,882	882.83	524.71	624.26
Net Interest Income	1,040	1,050	1,006	733.41	582.61	497.41
Net Interest Income Growth (YoY)	3.41%	4.43%	37.16%	25.88%	17.13%	7.51%
Other Non-Interest Income	91.73	81.09	56.27	31.08	22.16	22.59
Total Non-Interest Income	217.23	204.95	164.86	48.78	60.3	59.43
Non-Interest Income Growth (YoY)	31.76%	24.32%	237.96%	-19.10%	1.47%	72.67%
Revenues Before Loan Losses	1,257	1,255	1,171	782.19	642.91	556.83
Provision for Loan Losses	130.87	107.01	46.63	37.26	-7.67	42.28
Revenue	1,127	1,148	1,124	744.93	650.58	514.55
Revenue Growth (YoY)	0.22%	2.16%	50.91%	14.50%	26.44%	6.22%
Salaries and Employee Benefits	280.48	256.29	227.11	173.36	122.19	100.66
Selling, General & Administrative	47.82	32.91	25.74	25.38	22.46	18.42
Other Non-Interest Expense	316.72	304.9	268.84	177.73	115.53	94.99
Total Non-Interest Expense	645.02	594.1	521.69	376.47	260.18	214.06
EBT Excluding Unusual Items	481.6	554.33	602.48	368.46	390.41	300.49
Pretax Income	481.6	554.33	602.48	368.46	390.41	300.49
Income Tax Expense	130.81	152.66	156.57	98.28	97.88	76.69
Earnings From Continuing Operations	350.79	401.67	445.91	270.18	292.53	223.8
Minority Interest in Earnings	-1.37	-1.11	-	-	-	-
Net Income	349.41	400.56	445.91	270.18	292.53	223.8
Preferred Dividends & Other Adjustments	8.08	10.73	8.4	5.57	4.41	4.48
Net Income to Common	341.33	389.84	437.51	264.62	288.12	219.33
Net Income Growth	-21.64%	-10.17%	65.04%	-7.64%	30.71%	8.39%
Basic Shares Outstanding	38	38	38	35	34	34
Diluted Shares Outstanding	39	39	38	35	34	34
Shares Change (YoY)	1.73%	1.41%	8.51%	1.70%	1.65%	0.51%
EPS (Basic)	8.89	10.19	11.60	7.63	8.49	6.52
EPS (Diluted)	8.82	10.11	11.51	7.55	8.36	6.47
EPS Growth	-23.33%	-12.15%	52.42%	-9.69%	29.21%	8.10%
Dividend Per Share	2.000	1.740	1.320	1.210	0.740	0.740
Dividend Growth	51.52%	31.82%	9.09%	63.51%	-	14.73%
Effective Tax Rate	27.16%	27.54%	25.99%	26.67%	25.07%	25.52%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.