EQB Inc. (EQB) - Net Assets
Based on the latest financial reports, EQB Inc. (EQB) has net assets worth CA$3.21 Billion CAD (≈ $2.32 Billion USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$53.49 Billion ≈ $38.70 Billion USD) and total liabilities (CA$50.28 Billion ≈ $36.37 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EQB Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.21 Billion |
| % of Total Assets | 6.0% |
| Annual Growth Rate | 5.09% |
| 5-Year Change | 64.49% |
| 10-Year Change | 228.69% |
| Growth Volatility | 25.36 |
EQB Inc. - Net Assets Trend (2003–2025)
This chart illustrates how EQB Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore EQB Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for EQB Inc. (2003–2025)
The table below shows the annual net assets of EQB Inc. from 2003 to 2025. For live valuation and market cap data, see EQB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$3.21 Billion ≈ $2.32 Billion |
+2.35% |
| 2024-10-31 | CA$3.14 Billion ≈ $2.27 Billion |
+10.28% |
| 2023-10-31 | CA$2.85 Billion ≈ $2.06 Billion |
+12.25% |
| 2022-10-31 | CA$2.53 Billion ≈ $1.83 Billion |
+29.82% |
| 2021-10-31 | CA$1.95 Billion ≈ $1.41 Billion |
+18.51% |
| 2020-10-31 | CA$1.65 Billion ≈ $1.19 Billion |
+12.26% |
| 2019-10-31 | CA$1.47 Billion ≈ $1.06 Billion |
+14.66% |
| 2018-10-31 | CA$1.28 Billion ≈ $925.95 Million |
+12.47% |
| 2017-10-31 | CA$1.14 Billion ≈ $823.30 Million |
+16.47% |
| 2016-10-31 | CA$977.15 Million ≈ $706.86 Million |
+22.74% |
| 2015-10-31 | CA$796.12 Million ≈ $575.90 Million |
+13.13% |
| 2014-10-31 | CA$703.69 Million ≈ $509.04 Million |
+19.61% |
| 2013-10-31 | CA$588.32 Million ≈ $425.58 Million |
+17.30% |
| 2012-10-31 | CA$501.57 Million ≈ $362.83 Million |
+17.56% |
| 2011-10-31 | CA$426.64 Million ≈ $308.62 Million |
+0.75% |
| 2010-10-31 | CA$423.46 Million ≈ $306.33 Million |
+13.27% |
| 2009-10-31 | CA$373.86 Million ≈ $270.45 Million |
+41.54% |
| 2008-10-31 | CA$264.15 Million ≈ $191.08 Million |
+30.01% |
| 2007-10-31 | CA$203.17 Million ≈ $146.97 Million |
+35.69% |
| 2006-10-31 | CA$149.74 Million ≈ $108.32 Million |
+20.17% |
| 2005-10-31 | CA$124.61 Million ≈ $90.14 Million |
-91.77% |
| 2004-10-31 | CA$1.51 Billion ≈ $1.10 Billion |
+40.43% |
| 2003-10-31 | CA$1.08 Billion ≈ $779.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to EQB Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6545.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$2.57 Billion | 80.11% |
| Common Stock | CA$503.06 Million | 15.70% |
| Other Comprehensive Income | CA$1.68 Million | 0.05% |
| Other Components | CA$132.35 Million | 4.13% |
| Total Equity | CA$3.20 Billion | 100.00% |
EQB Inc. Competitors by Market Cap
The table below lists competitors of EQB Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viking Therapeutics Inc
NASDAQ:VKTX
|
$3.35 Billion |
|
Anhui Zhongding Sealing Parts Co Ltd
SHE:000887
|
$3.35 Billion |
|
MERCARI INC. UNSP.ADR/1/2
F:6TP0
|
$3.35 Billion |
|
SkyWest Inc
NASDAQ:SKYW
|
$3.36 Billion |
|
PROTECTOR FORSIKR.(ADS)/2
F:PR40
|
$3.35 Billion |
|
Huaxi Securities Co Ltd Class A
SHE:002926
|
$3.35 Billion |
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
$3.35 Billion |
|
Boyd Group Services Inc.
TO:BYD
|
$3.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EQB Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,127,806,000 to 3,203,565,000, a change of 75,759,000 (2.4%).
- Net income of 265,295,000 contributed positively to equity growth.
- Dividend payments of 82,027,000 reduced retained earnings.
- Share repurchases of 97,325,000 reduced equity.
- New share issuances of 8,419,000 increased equity.
- Other comprehensive income decreased equity by 6,871,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$265.30 Million | +8.28% |
| Dividends Paid | CA$82.03 Million | -2.56% |
| Share Repurchases | CA$97.33 Million | -3.04% |
| Share Issuances | CA$8.42 Million | +0.26% |
| Other Comprehensive Income | CA$-6.87 Million | -0.21% |
| Other Changes | CA$-11.73 Million | -0.37% |
| Total Change | CA$- | 2.42% |
Book Value vs Market Value Analysis
This analysis compares EQB Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 33.10x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-10-31 | CA$3.75 | CA$124.17 | x |
| 2004-10-31 | CA$4.67 | CA$124.17 | x |
| 2005-10-31 | CA$5.20 | CA$124.17 | x |
| 2006-10-31 | CA$6.20 | CA$124.17 | x |
| 2007-10-31 | CA$7.96 | CA$124.17 | x |
| 2008-10-31 | CA$9.52 | CA$124.17 | x |
| 2009-10-31 | CA$12.52 | CA$124.17 | x |
| 2010-10-31 | CA$14.12 | CA$124.17 | x |
| 2011-10-31 | CA$14.13 | CA$124.17 | x |
| 2012-10-31 | CA$16.52 | CA$124.17 | x |
| 2013-10-31 | CA$19.04 | CA$124.17 | x |
| 2014-10-31 | CA$22.49 | CA$124.17 | x |
| 2015-10-31 | CA$25.40 | CA$124.17 | x |
| 2016-10-31 | CA$31.06 | CA$124.17 | x |
| 2017-10-31 | CA$34.29 | CA$124.17 | x |
| 2018-10-31 | CA$38.46 | CA$124.17 | x |
| 2019-10-31 | CA$43.53 | CA$124.17 | x |
| 2020-10-31 | CA$48.63 | CA$124.17 | x |
| 2021-10-31 | CA$56.69 | CA$124.17 | x |
| 2022-10-31 | CA$72.36 | CA$124.17 | x |
| 2023-10-31 | CA$74.86 | CA$124.17 | x |
| 2024-10-31 | CA$81.14 | CA$124.17 | x |
| 2025-10-31 | CA$83.09 | CA$124.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EQB Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.52%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 16.70x
- Recent ROE (8.28%) is below the historical average (14.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.13% | 14.02% | 0.06x | 14.39x | CA$1.63 Million |
| 2004 | 13.93% | 19.85% | 0.05x | 14.35x | CA$4.22 Million |
| 2005 | 15.86% | 20.35% | 0.05x | 16.15x | CA$7.30 Million |
| 2006 | 18.26% | 19.73% | 0.05x | 17.54x | CA$12.36 Million |
| 2007 | 15.34% | 17.39% | 0.05x | 16.78x | CA$10.85 Million |
| 2008 | 14.62% | 17.69% | 0.05x | 15.47x | CA$12.20 Million |
| 2009 | 13.76% | 25.63% | 0.05x | 10.29x | CA$14.05 Million |
| 2010 | 12.82% | 14.07% | 0.09x | 10.52x | CA$11.92 Million |
| 2011 | 14.58% | 14.19% | 0.04x | 24.04x | CA$19.52 Million |
| 2012 | 16.19% | 16.81% | 0.04x | 23.13x | CA$31.05 Million |
| 2013 | 15.90% | 18.39% | 0.04x | 20.09x | CA$34.70 Million |
| 2014 | 15.17% | 20.41% | 0.04x | 18.27x | CA$36.35 Million |
| 2015 | 15.81% | 21.63% | 0.04x | 19.50x | CA$46.25 Million |
| 2016 | 14.16% | 20.84% | 0.03x | 19.42x | CA$40.62 Million |
| 2017 | 14.11% | 21.37% | 0.04x | 18.13x | CA$46.81 Million |
| 2018 | 12.94% | 18.66% | 0.04x | 19.56x | CA$37.62 Million |
| 2019 | 14.07% | 17.94% | 0.04x | 19.34x | CA$59.71 Million |
| 2020 | 13.58% | 18.95% | 0.04x | 18.66x | CA$59.03 Million |
| 2021 | 14.98% | 25.05% | 0.03x | 18.52x | CA$97.27 Million |
| 2022 | 10.66% | 16.25% | 0.03x | 20.18x | CA$16.69 Million |
| 2023 | 15.67% | 14.61% | 0.06x | 18.60x | CA$161.35 Million |
| 2024 | 12.81% | 11.98% | 0.06x | 17.02x | CA$87.78 Million |
| 2025 | 8.28% | 8.52% | 0.06x | 16.70x | CA$-55.06 Million |
Industry Comparison
This section compares EQB Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,381,880,000
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EQB Inc. (EQB) | CA$3.21 Billion | 12.13% | 15.66x | $3.35 Billion |
| Laurentian Bank Of Canada (LB) | $2.61 Billion | 4.37% | 15.91x | $1.30 Billion |
| VersaBank (VBNK) | $152.52 Million | 3.72% | 8.48x | $569.52 Million |
About EQB Inc.
EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. It accepts term deposits, guaranteed investment certificates, high-interest savings accounts, institutional deposit notes, and covered bonds, as well as specialized financing solutions. The company also offers single-family residential mortgages, revers… Read more