We deliver long-term shareholder value through measured growth and financial discipline. We choose to play in areas that we can win and constantly explore ways to challenge the status quo. Our ROE is our north star and we have consistently delivered on this metric, averaging an ROE of 16.2%* over the last 10 years.

*This non-GAAP adjusted measure is as of September 30, 2022 and is calculated by taking the average of the last forty quarters’ ROE. Each quarter’s ROE is defined as net income available to common shareholders as a percentage of weighted average common equity outstanding during the period.

We offer Canadians the chance to get more out of everyday dollars by earning high interest and not paying fees for everyday banking. We serve those who are looking to do things differently and aren’t getting all that they need from their traditional bank. The trend is catching on: more than 290,000 (and growing) Canadians have opened an EQ Bank account.

We are one of three Banks in North America to host its core banking system in the cloud, enabling scalability for our personal and commercial banking solutions. We operate using a strategic partnership model that allows us to create and collaborate with fintechs and other tech-enabled organizations to offer borrowing and lending solutions for people and businesses.

We are guided by our prudent risk appetite and benefit from our differentiated underwriting expertise, and as a result, we operate with very low credit losses. Our loan book is almost 100% secured, and we hold first credit position on all loans. We have made drastic enhancements to our sources of funding over the last 5 years and continue to diversify our funding stack through EQ Bank, covered bonds and more.