EQB carries on operations through wholly owned subsidiary Equitable Bank, a federally regulated Schedule I bank with total assets under management of over $21 billion. EQB services individuals and businesses in Canadian urban markets, with a focus on entrepreneurs and new Canadians.
The shares took a deep dive in late August but have been working their way back since and are currently trading at about the same level as this time last year. We advised selling half your position in January 2025 at $108.39, for a gain of 930% based on the original recommended price. We are still not back to that level.