The Fly | EQGPF

Niche Market Expertise: Equitable Group excels in alternative lending, serving underserved market segments with specialized mortgage and commercial solutions that traditional banks often overlook.

Digital Banking Leadership: Their EQ Bank platform offers a highly competitive and fully digital banking experience, attracting a strong retail deposit base with high-interest savings accounts.

Diversified Funding Sources: The success of EQ Bank provides a stable and low-cost retail deposit funding base, reducing reliance on potentially more volatile wholesale funding markets.

Credit Risk: Exposure to loan defaults, particularly within its significant mortgage portfolio, could lead to substantial financial losses if borrowers fail to meet their obligations.

Real Estate Market Downturn Risk: A material decline in Canadian residential and commercial real estate markets, where Equitable Group has substantial mortgage exposure, could result in increased loan impairments, reduced collateral values, and slower new loan origination.

Interest Rate Fluctuation Risk: Changes in market interest rates can adversely affect the company's net interest margin, the value of its investment assets, and borrowers' ability to service their variable-rate debt.

Niche Market Expertise: Equitable Group excels in alternative lending, serving underserved market segments with specialized mortgage and commercial solutions that traditional banks often overlook.

Digital Banking Leadership: Their EQ Bank platform offers a highly competitive and fully digital banking experience, attracting a strong retail deposit base with high-interest savings accounts.

Diversified Funding Sources: The success of EQ Bank provides a stable and low-cost retail deposit funding base, reducing reliance on potentially more volatile wholesale funding markets.

Credit Risk: Exposure to loan defaults, particularly within its significant mortgage portfolio, could lead to substantial financial losses if borrowers fail to meet their obligations.