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Equitable Group Stock

Equitable Group ROE 2024

Equitable Group ROE

0.13

Ticker

EQB.TO

ISIN

CA2945051027

WKN

A0MLZ7

In 2024, Equitable Group's return on equity (ROE) was 0.13, a 22.74% increase from the 0.1 ROE in the previous year.

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.

ROE Details

Decoding Equitable Group's Return on Equity (ROE)

Equitable Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Equitable Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Equitable Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Equitable Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Equitable Group stock

What is the ROE (Return on Equity) of Equitable Group this year?

The ROE of Equitable Group this year is 0.13 undefined.

How has the Return on Equity (ROE) of Equitable Group developed compared to the previous year?

The ROE of Equitable Group has increased by 22.74% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Equitable Group?

A high ROE indicates that Equitable Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Equitable Group?

A low ROE can indicate that Equitable Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Equitable Group affect the company?

A change in ROE (Return on Equity) of Equitable Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Equitable Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Equitable Group?

Some factors that can influence Equitable Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.

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Andere Kennzahlen von Equitable Group

Our stock analysis for Equitable Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Equitable Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.