Report
Carl De Souza ...
  • Michael Driscoll

EQB Inc. Reports Lower Q2 2022 Earnings as Provisions Begin to Normalize

EQB Inc. reported Q2 2022 net income of $58.8 million, a 33.1% quarter-over-quarter decline, largely as a result of mark-to-market losses on its strategic investment portfolio and higher provisions for credit losses, partially offset by increased net interest income.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Carl De Souza

Michael Driscoll

ResearchPool Subscriptions

Get the most out of your insights

Get in touch