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New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

New EQ Bank Seniors Month Survey: Over half of older Canadian homeowners' retirement savings hit by recent economic uncertainty, many cutting back on expenses

Wed, 03 Jun 2026 08:05:00 -0400

A new survey released by EQ Bank during Seniors Month finds that over two thirds (69%) of homeowners aged 45+ have reduced their spending due to concerns about their finances in retirement
Over half (56%) of respondents feel that much of their wealth is tied up in their home rather than available in cash or savings
EQ Bank has solutions that open the door for older Canadian homeowners to attain financial flexibility, stability and confidence in retirement

TORONTO, June 3, 2026 /PRNewswire/ - EQ Bank today released a national survey which explores the new

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB reports second quarter 2026 results and announces expected July 1, 2026 closing of PC Financial

Wed, 27 May 2026 17:05:00 -0400

Diluted EPS

Q2 Adjusted¹

$2.03

(10%) q/q, (12%) y/y

Return on equity

Q2 Adjusted¹

10.2%

(90 bps) q/q,
(170 bps) y/y

PPPT²

Q2 Adjusted¹

$153.1MM

(2%) q/q, (4%) y/y

Total PCL

Q2 Adjusted¹

$45.4MM

+16% q/q, +50% y/y

CET1 ratio

13.6%

Total capital ratio

17.1%

Q2 Reported

$1.29

EQB secures final approval for PC Financial acquisition and prepares for closing to bring competitive change to Canadian banking

Tue, 05 May 2026 08:05:00 -0400

Final approval from The Minister of Finance and National Revenue concludes the regulatory review process, clearing the path for the acquisition to be completed
This milestone enables EQB to work toward the closing of the acquisition and accelerating competition and innovation in Canadian banking with Canada's first ever Challenger-driven, loyalty-linked banking ecosystem
The acquisition and new long-term strategic relationship between EQB and Loblaw will unlock benefits for millions of Canadians, including more products and services, and, in the future, more ways to earn rewards
The acquisition is expected to close in the summer of 2026, subject to