EQB Stock | | | CAD 106.75 0.16 0.15% |
CFO
Chadwick Westlake is Senior CFO of Equitable Group
Address | Equitable Bank Tower, Toronto, ON, Canada, M4V 3A1 |
Phone | 416 515 7000 |
Web | https://eqb.investorroom.com |
Equitable Management Efficiency
As of the 7th of February 2025,
Return On Tangible Assets is likely to grow to 0.01. Also,
Return On Capital Employed is likely to grow to 0.04. At this time, Equitable's
Intangible Assets are very stable compared to the past year. As of the 7th of February 2025,
Earning Assets is likely to grow to about 2
B, while
Net Tangible Assets are likely to drop about 1.3
B. Equitable's management efficiency ratios could be used to measure how well Equitable manages its routine affairs as well as how well it operates its assets and liabilities.
Equitable Group has accumulated 946.96
M in total debt with debt to equity ratio
(D/E) of 0.38, which is about average as compared to similar companies. Debt can assist Equitable until it has trouble settling it off, either with new capital or with free cash flow. So, Equitable's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Equitable Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equitable to invest in growth at high rates of return. When we think about Equitable's use of debt, we should always consider it together with cash and equity.
Similar Executives
Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people. Equitable Group (EQB) is traded on Toronto Exchange in Canada and employs 1,849 people. Equitable is listed under Regional Banks category by Fama And French industry classification.
Management Performance
Equitable Group Leadership Team
Elected by the shareholders, the Equitable's board of directors comprises two types of representatives: Equitable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equitable. The board's role is to monitor Equitable's management team and ensure that shareholders' interests are well served. Equitable's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equitable's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy Wilson, Vice-President and Chief Financial Officer of the Company and Equitable Bank | |
| Michael Stramaglia, Independent Director | |
| Lynn McDonald, Independent Director | |
| Dan Dickinson, Vice-President - Digital Banking of Company and Bank | |
| Jody Sperling, Vice President of Human Resources of Company and Bank | |
| Mahima Poddar, Senior Vice President - Digital Banking and Strategy | |
| Michael Mignardi, VP Counsel | |
| Tim Charron, VP Treasurer | |
| Kishore Kapoor, Independent Director | |
| Marlene Lenarduzzi, Senior Officer | |
| Lisa Cinelli, VP Officer | |
| Brian Leland, Vice President - Residential Credit of Company and Bank | |
| Darren CFA, Senior Banking | |
| Michael Emory, Independent Director | |
| Daniel Broten, Senior Officer | |
| Vincenza Sera, Independent Director | |
| Susan Ericksen, Independent Director | |
| Darren Lorimer, Vice President - Commercial Lending of Company and Bank | |
| Richard Gill, Sr Relations | |
| David LeGresley, Independent Chairman of the Board | |
| Sandie Douville, Vice Strategy | |
| Kimberly Kukulowicz, Vice President - Residential Sales and Partner Relations of Company and Bank | |
| Eric Beutel, Independent Director | |
| Alex Prokoudine, VicePresident Markets | |
| Gavin Stanley, Senior Officer | |
| Ronald Tratch, Senior Vice President, Chief Risk Officer of Company and Bank | |
| CFA MBA, Managing Relations | |
| Rowan Saunders, Independent Director | |
| Andrew Moor, President, Chief Executive Officer and Director of the Company and Equitable Bank | |
| Chadwick Westlake, Senior CFO | |
Equitable Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Equitable a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Other Information on Investing in Equitable Stock
Equitable financial ratios help investors to determine whether Equitable Stock is cheap or expensive when compared to a particular measure, such as profits or
enterprise value. In other words, they help investors to determine the cost of investment in Equitable with respect to the benefits of owning Equitable security.