EQB (EQB) Investor presentation summary

Business profile

• 4+ million Canadian customers, ~$151B in combined assets under management and administration, and a seventh-largest Schedule I bank by assets.

• Services span personal and commercial banking, insurance, trust and estate services, credit union solutions, and alternative asset management.

• Exclusive financial partner of Loblaw’s PC Optimum loyalty program, with more than 18 million members; the PC Financial acquisition closed July 1, 2026.

Financial performance and capital allocation

• Medium-term ROE has ranged from 15–17%; capital allocation priorities are organic growth, dividends and buybacks, and strategic M&A.

• 10-year TSR was 528% as of July 31, 2026; 10-year CAGR through Q3/26 was ~13% for BVPS and ~7% for EPS.

• Adjusted net income was $245MM YTD Q3/26; reported historical performance included $219MM of Day 1 PCL tied to the PC Financial acquisition closing.

Lending and portfolio mix

• Loans under management reached $82.5B, including $33.3B of off-balance-sheet loans derecognized through securitization programs.

• Personal loans were $34.9B and commercial loans were $14.3B; the portfolio spans residential mortgages, reverse mortgages, cards, commercial real estate, and equipment financing.

• Commercial banking served 22,000+ business customers; ~85% of loans under management were insured by CMHC.

• Uninsured commercial real estate lending is first-lien, capped at 75% LTV by policy, and targets minimum takeout DSCR of 1.20x; eligible CMHC-insured multi-unit loans can use 1.10x.

• Personal uninsured single-family mortgage borrowers averaged a 710 credit score and the portfolio averaged 69% LTV; 17% of the single-family portfolio was insured against credit default.