TORONTO – EQB Inc. reported a net loss of $127.3 million for the third quarter, compared with net income of $73.4 million during the same period last year.
That amounted to a diluted loss per share of $3.39 during the quarter, compared with diluted earnings per share of $1.90 during last year’s third quarter.
EQB says its revenue during the quarter reached $391.3 million, rising year-over-year from $306.1 million last year.
The owner of EQ Bank says it also hiked its dividend by three per cent quarter-over-quarter to 63 cents per common share.
EQB’s earnings included one month of results from the acquisition of PC Financial, which was completed in July.
Chadwick Westlake, EQB chief executive, says the closing of the PC Financial transaction has structurally shifted its customer reach, products, revenue mix and potential for growth.
This report by The Canadian Press was first published Aug. 26, 2026.
Companies in this story: (TSX:EQB)
