EQB Q3 2026 adjusted profit rises as PC Financial acquisition lifts net interest income

Reuters2026/08/26 21:09

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For the three months ended July 31, 2026, results reflected the July 1 closing of the PC Financial acquisition and one month of contribution.
Adjusted net income was CAD 81.29 million, versus a reported net loss of CAD 127.26 million due to acquisition-related credit losses and costs.
Net interest income rose to CAD 319.17 million, with net interest margin at 2.41%, driven by a higher-yielding credit card mix.
Adjusted non-interest revenue increased to CAD 73.87 million, led by credit card fees, insurance revenue, and purchase accounting accretion.
Reported provision for credit losses was CAD 302.98 million, including CAD 219.06 million of initial expected losses on acquired credit cards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQB Inc. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EQB Q3 2026 adjusted profit rises as PC Financial acquisition lifts net interest income

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