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EQB (TSX:EQB) Net Income : C$388 Mil (TTM As of Apr. 2025)


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What is EQB Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. EQB's Net Income for the three months ended in Apr. 2025 was C$90 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2025 was C$388 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. EQB's Earnings per Share (Diluted) for the three months ended in Apr. 2025 was C$2.32.


EQB Net Income Historical Data

The historical data trend for EQB's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EQB Net Income Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.48 223.80 292.53 270.18 400.56

EQB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.39 111.89 79.05 107.40 89.94

EQB Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

EQB's Net Income for the fiscal year that ended in Oct. 2024 is calculated as

Net Income(A: Oct. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=554.33+-152.658+0+-1.11
=401

EQB's Net Income for the quarter that ended in Apr. 2025 is calculated as

Net Income(Q: Apr. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=124.526+-34.234+0+-0.349
=90

Net Income for the trailing twelve months (TTM) ended in Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$388 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EQB  (TSX:EQB) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

EQB's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


EQB Net Income Related Terms

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EQB Business Description

Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Smith Financial Corporation 10% Security Holder
Stephen Smith 10% Security Holder
Andrew Moor Senior Officer
Katherine Ruta Senior Officer
Chadwick Westlake Senior Officer
Timothy Paul Charron Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Daniel Broten Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Darren Lorimer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Isabelle Farella Senior Officer
Mahima Poddar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Stramaglia Director
David Wilkes Senior Officer
Yongah Kim Director
Oakwest Corporation Limited 10% Security Holder

EQB Headlines

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