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TSX:EQB 2 December 2025 - 5 December 2025

EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQB Inc. will acquire PC Financial from Loblaw Companies for about $800 million, making EQB the exclusive financial partner of the PC Optimum loyalty program. Loblaw will receive roughly 7.2 million EQB shares and cash, gaining an estimated 16–17% stake in EQB. Loblaw expects to extract $500 million in capital from PC Bank before closing. The deal is set to close in 2026, pending regulatory approval.
5 December 2025
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EQB Inc. (TSX: EQB) Soars on PC Financial Deal as 2025 Earnings Disappoint – Full Stock Analysis for December 4, 2025

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.
4 December 2025
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EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank announced a deal to acquire PC Financial from Loblaw for about $800 million in cash and shares, giving Loblaw at least a 17% stake in EQB. The bank reported a 19% drop in adjusted EPS and net income for 2025, citing higher credit loss provisions and a $92 million restructuring charge. EQ Bank deposits rose to $9.9 billion, up 10% year over year. The stock trades below analyst targets, with most rating it “Hold.”
4 December 2025
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EQB to Acquire PC Financial from Loblaw in $800 Million Deal, Creating a New Loyalty-Linked Banking Powerhouse

EQB to Acquire PC Financial from Loblaw in $800 Million Deal, Creating a New Loyalty-Linked Banking Powerhouse

EQB Inc. announced a C$800 million deal to acquire PC Financial from Loblaw Companies, aiming to close in 2026 pending regulatory approval. Loblaw will receive C$500 million in extracted capital and become a major EQB shareholder. The agreement makes EQB the exclusive financial-services partner for the PC Optimum loyalty program for 12 years. EQB will pay with a mix of shares and cash.
4 December 2025
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Canadian Bank Stocks 2025–2026 Outlook: Can TD, RBC, Scotiabank and EQB Keep Beating the TSX?

Canadian Bank Stocks 2025–2026 Outlook: Can TD, RBC, Scotiabank and EQB Keep Beating the TSX?

Scotiabank reported stronger-than-expected profits on December 2, 2025, starting Canadian bank earnings week. The Big Six banks have surged about 32% in 2025, outpacing the TSX, but now trade at valuations 23% above their 10-year average. A new ETF tracking the group launched on the TSX. Analysts remain divided on whether the sector is now fully valued.
2 December 2025
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