EQB Inc. (TSX: EQB) Soars on PC Financial Deal as 2025 Earnings Disappoint – Full Stock Analysis for December 4, 2025
EQB Inc. shares jumped 12.5% to C$97.71 after announcing a deal to acquire PC Financial from Loblaw, its biggest intraday gain in over a year. The transaction includes President’s Choice Bank, insurance units, and the PC Mastercard portfolio, adding $5.8 billion in assets and nearly a million new customers. EQB will also become the exclusive financial partner for the PC Optimum loyalty program.