TORONTO, Sept. 3, 2024 /PRNewswire/ - Equitable Bank, Canada's Challenger Bank™, today announced that its wholly-owned subsidiary, Concentra Bank (the "Bank"), redeemed all of its issued and outstanding Class A Preferred Shares, Series 1, and Class A Preferred Shares, Series 2, on August 31, 2024 (the "Redemption Date"), at $25.00 per share for a total of $110,987,500, less any tax required to be deducted and withheld by the Bank. About Equitable Bank Equitable Bank has a clear mission to drive change in Ca ...

Equitable Holdings, Inc. (EQH) shares fell 10.9% since it reported second-quarter 2024 results on Jul 30, 2024, after the closing bell. Its strong second-quarter earnings benefited on the back of higher AUM/A, growth in spread income and fee-based revenues. Improved performance in Wealth Management and asset management were major tailwinds. However, the upside was partly offset by an elevated overall expense level. EQH reported second-quarter 2024 adjusted earnings per share (EPS) of $1.43, which outpaced t ...

wellesenterprises Shares of Equitable Holdings (NY SE: EQH) have been a solid performer over the past year, gaining 31%. This performance had been even stronger until just a fow days ago, with market turnoil causing a sharp pullback in shares of about 12%. Because of this selloft, shares are now about 5% lower than when I recommended them as a buy in May. Given its pivot toward less risky products, the magnitude of this sell-off appears overdone, creating an opportunity for investors in my view. 1D 5D Advan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————————————— FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38469 ———————————————— Equitable Holdings, Inc. (Exact name of registrant as specified in its charter) Delawa ...

Equitable Holdings, Inc. (NYSE:EQH) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Erik Bass - Head of Investor Relations Mark Pearson - President and Chief Executive Officer Robin Raju - Chief Financial Officer Nick Lane - President Conference Call Participants Suneet Kamath - Jefferies Tom Gallagher - Evercore Jimmy Bhullar - JPMorgan Ryan Krueger - KBW Wilma Burdis - Raymond James Mark Hughes - Truist Securities Mike Ward - Citi Operator Thank you for standing by. My name ...

The Company has presented forward-looking statements regarding Non-GAAP operating earnings, Non-GAAP operating earnings per share and Adjusted operating margin at AB. These Non-GAAP financial measures are derived by excluding certain amounts, expenses or income, from the corresponding financial measures determined in accordance with GAAP. The determination of the amounts that are excluded from these NonGAAP financial measures is a matter of management judgment and depends upon, among other factors, the natu ...

Equitable Holdings, Inc. (EQH) reported $3.62 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.5%. EPS of $1.43 for the same period compares to $1.17 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Equitable ...

Equitable Holdings, Inc. (EQH) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.14%. A quarter ago, it was expected that this company would post earnings of $1.31 per share when it actually produced earnings of $1.43, delivering a surprise of 9.16%. Over the last four quarters, the ...

Table of Contents | Consolidated Financials and Key Metrics | Page | | --- | --- | | Key Metrics Summary | 4 | | Consolidated Statements of Income (Loss) | 5 | | Consolidated Balance Sheets | 6 | | Consolidated Capital Structure | 7 | | Operating Earnings (Loss) by Segment and Corporate and Other | 8 | | Assets Under Management and Administration | 10 | | Sales Metrics by Segment | 11 | | Select Metrics from Business Segments | | | Individual Retirement | | | Statements of Operating Earnings (Loss) and Summ ...

The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This company is expected to post quarterly earnings of $1.43 per share in its upcoming report, which represents a year-over-year change of +22.2%. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Eq ...