Equitable Group Inc
TSX:EQB
Net Margin
Equitable Group Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
Equitable Group Inc
TSX:EQB
|
3.6B CAD |
30%
|
|
| US |
|
Rocket Companies Inc
NYSE:RKT
|
28.4B USD |
0%
|
|
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
11.8B USD |
0%
|
|
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
9.3B USD |
26%
|
|
| US |
|
MGIC Investment Corp
NYSE:MTG
|
6.5B USD |
63%
|
|
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
6.4B USD |
0%
|
|
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
6.1B USD |
57%
|
|
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
5.4B USD |
57%
|
|
| US |
F
|
Federal Home Loan Mortgage Corp
OTC:FMCC
|
5.3B USD |
0%
|
|
| US |
|
Radian Group Inc
NYSE:RDN
|
4.9B USD |
46%
|
|
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
4.9B USD |
14%
|
Equitable Group Inc
Glance View
Equitable Group Inc. has carved a niche for itself in the Canadian financial landscape as a profitable player in the world of residential and commercial real estate lending. As the parent company of Equitable Bank, it's Canada's ninth-largest independent Schedule I bank, a feat that attests to its agile and robust business model. The company primarily capitalizes on its ability to provide a diversified suite of residential mortgages, including alternative financing solutions for clients who may not meet the traditional lending criteria of the country's bigger banks. This focus has allowed Equitable to solidify a significant presence in areas underserviced by traditional financial institutions, helping both individuals and entrepreneurs achieve their real estate aspirations. Equitable Group's revenue streams derive from interest income earned by lending capital to residential homeowners, commercial enterprises, and through its growing digital banking platform. The digital platform, equipped with savings accounts, GICs, and the EQ Bank brand, is pivotal in capturing a segment of tech-savvy, cost-conscious consumers seeking better interest rates and more convenient banking services. This strategic expansion into digital banking represents the company’s foresight in adopting technology to enhance customer experience while maintaining cost efficiencies. By seamlessly integrating innovative services and maintaining disciplined credit risk assessment, Equitable Group Inc. positions itself as a competitive and forward-looking institution within the financial services sector.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Equitable Group Inc's most recent financial statements, the company has Net Margin of 29.6%.
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