Q: Hello, could you comment on EQB bank results?
I wonder what the end game is for EQB. Grow to become a mid to large cap bank in Canada or be taken out by one of the majors. I guess either can be good for investors.
Best regards
Stephane
I wonder what the end game is for EQB. Grow to become a mid to large cap bank in Canada or be taken out by one of the majors. I guess either can be good for investors.
Best regards
Stephane
5i Research Answer:
We have comments posted now; we think a merger is probably the end game, but we think EQB is at least five years away from contemplating any action.