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EQB (TSX:EQB) Gross-Profit-to-Asset % : 2.33% (As of Oct. 2024)


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What is EQB Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. EQB's annualized Gross Profit for the quarter that ended in Oct. 2024 was C$1,251 Mil. EQB's average Total Assets over the quarter that ended in Oct. 2024 was C$53,652 Mil. Therefore, EQB's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2024 was 2.33%.


EQB Gross-Profit-to-Asset % Historical Data

The historical data trend for EQB's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.88 1.92 1.79 2.41

EQB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24
Gross-Profit-to-Asset % 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 2.38 2.25 2.37 2.42 2.33

Competitive Comparison of EQB's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, EQB's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EQB's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, EQB's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where EQB's Gross-Profit-to-Asset % falls into.



EQB Gross-Profit-to-Asset % Calculation

EQB's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2024 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Oct. 2024 ))/ count )
=1255.442/( (51144.957+53233.921)/ 2 )
=1255.442/52189.439
=2.41 %

EQB's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=1251.088/( (54069.736+53233.921)/ 2 )
=1251.088/53651.8285
=2.33 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Oct. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


EQB Gross-Profit-to-Asset % Related Terms

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EQB Business Description

Industry
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
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)
Andrew Moor Senior Officer
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Chadwick Westlake 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
Ronald Walter Tratch Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Malcolm Balfour Legresley Director
Susan Ericksen Director

EQB Headlines

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