Equitable Group Equity 2024

Equitable Group Aktienanalyse

What does Equitable Group do?

The Equitable Group Inc. is a Canadian company based in Toronto that has been operating in the financial industry for over 150 years. Initially founded in 1859 as the Equitable Life Insurance Company of Canada, the company has evolved over the years into a diversified financial services provider. The Equitable Group's business model can be described as "banking and services". The company specializes primarily in providing mortgage loans to individual customers. However, it also offers a wide range of financial services, including savings and checking accounts, money market accounts, investment funds, asset management, and deposit insurance. The Equitable Life Insurance Company of Canada was originally founded by businessman Gilbert McMicken, who became wealthy in 1857 after acquiring large land holdings in the British colony of Canada West. Two years later, he founded the Equitable Life Insurance Company, and the company began selling life insurance in Ontario. Over the following decades, the company grew rapidly and became one of the leading life insurance companies in Canada. In 1957, the company was restructured and renamed the Equitable Trust Company, transforming it into an asset management firm. In the years that followed, the company expanded into other areas of the financial industry, including mortgages. Today, the Equitable Group is divided into two main subsidiaries: Equitable Bank and Equitable Trust. Equitable Bank is the larger of the two companies and offers a variety of banking products and services. Its business lines include mortgages, savings deposits, money market accounts, lines of credit, and investment funds. Equitable Bank's products include mortgages with various terms, as well as commercial real estate financing and microloans. In recent years, the company has also specialized in providing mortgages for self-employed individuals and alternative financing models in the real estate sector. In conclusion, the Equitable Group has long been a key player in the Canadian financial industry and has established itself as one of the country's leading mortgage providers in recent decades. Thanks to its wide range of products and services, as well as its long-term experience and track record, Equitable has become a trusted and popular partner for many customers and investors. Equitable Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Equitable Group's Equity

Equitable Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Equitable Group's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Equitable Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Equitable Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Equitable Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Equitable Group stock

What is the equity of Equitable Group this year?

Equitable Group has equity of 2.85 B CAD this year.

What was the equity of Equitable Group compared to the previous year?

The equity of Equitable Group has increased/decreased by 12.27% increased compared to the previous year.

What impact does a high equity have on investors of Equitable Group?

A high equity is advantageous for investors of Equitable Group as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Equitable Group?

A low equity can be a risk for investors of Equitable Group, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Equitable Group affect the company?

An increase in equity of Equitable Group can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Equitable Group affect the company?

A reduction in equity of Equitable Group can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Equitable Group?

Some factors that can affect the equity of Equitable Group include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Equitable Group so important for investors?

The equity of Equitable Group is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Equitable Group take to change the equity?

To change equity, Equitable Group can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Equitable Group pay?

Over the past 12 months, Equitable Group paid a dividend of 1.5 CAD . This corresponds to a dividend yield of about 1.39 %. For the coming 12 months, Equitable Group is expected to pay a dividend of 1.63 CAD.

What is the dividend yield of Equitable Group?

The current dividend yield of Equitable Group is 1.39 %.

When does Equitable Group pay dividends?

Equitable Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Equitable Group?

Equitable Group paid dividends every year for the past 23 years.

What is the dividend of Equitable Group?

For the upcoming 12 months, dividends amounting to 1.63 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Equitable Group located?

Equitable Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Equitable Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Equitable Group from 9/30/2024 amounting to 0.47 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Equitable Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Equitable Group in the year 2023?

In the year 2023, Equitable Group distributed 1.21 CAD as dividends.

In which currency does Equitable Group pay out the dividend?

The dividends of Equitable Group are distributed in CAD.