EQ Bank Revenue and Competitors

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Toronto, ON CAN

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • EQ Bank's estimated annual revenue is currently $18.7M per year.(i)
  • EQ Bank's estimated revenue per employee is $210,000

Employee Data

  • EQ Bank has 89 Employees.(i)
  • EQ Bank grew their employee count by 53% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$41.8M185-31%$45MN/A
#2
$6.7M40471%N/AN/A
#3
$52.7M228N/AN/AN/A
#4
$120.2M458N/AN/AN/A
#5
$2M16N/AN/AN/A
#6
$12.7M670%N/AN/A
#7
$5M30N/AN/AN/A
#8
$5.2M31N/AN/AN/A
#9
$19.1M91-30%N/AN/A
#10
$724.7M2465N/AN/AN/A

We?ve reimagined everyday banking with an account that combines the benefits of chequing and savings, and high interest GICs you can purchase with the touch of a button. Our Savings Plus Account offers 2.45% interest* plus the flexibility of chequing, and you won?t have to wait in line or pay any fees, because we skipped the brick and mortar branches so we can focus on giving you more. Strength in numbers EQ Bank is brought to you by Equitable Bank, a federally regulated Schedule I Bank with over 750 employees and total assets under management of approximately $31 billion. For nearly 50 years, brokers across the country have been helping Canadians realize and reach their financial goals through Equitable Bank products such as mortgages, home equity lines of credit and a variety of deposit services. Equitable Bank was founded in 1970 as The Equitable Trust Company. It is a wholly-owned subsidiary of Equitable Group Inc., whose common and preferred shares are traded on the Toronto Stock Exchange.

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Total Funding

89

Number of Employees

$18.7M

Revenue (est)

53%

Employee Growth %

N/A

Valuation

N/A

Accelerator

EQ Bank News

2022-04-17 - EQ Bank named top bank in Canada for second year in a row ...

EQ Bank, the digital banking platform launched in 2016 by Equitable Bank (a federally regulated Schedule I bank), provides state-of-the-art...

2022-04-13 - EQ Bank increases everyday interest rate to 1.50%, giving ...

EQ Bank, the digital banking platform launched in 2016 by Equitable Bank (a federally regulated Schedule I bank), provides state-of-the-art...

2022-04-06 - Fitch Affirms Equitable Bank at 'BBB-'; Outlook Stable

Fitch Ratings - Toronto - 07 Apr 2022: Fitch Ratings has affirmed Equitable Bank's (EQB) Long-Term and Short-Term Issuer Default Ratings...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$25.5M8910%N/A
#2
$15.5M89-4%N/A
#3
$14.5M89-11%N/A
#4
$8.9M897%N/A
#5
$12.9M8924%N/A