EQB vs GSY

To be completely honest, I'd find both of them to be very similar in potential growth profile. I'd give a slight nod to Goeasy as a potential outperformer strictly because its loan practices generally produce a higher amount of earnings, albeit with much higher risk.

Equitable is likely the better value at this point but there is no doubt that Goeasy's lending activities have picked up in a big way during economic weakness.

More risk-averse investors will likely appreciate Equitable Bank's overall profile a bit more. It's a deposit heavy bank with some mortgage options. Whereas Goeasy primarily deals with sub prime lending.

Goeasy's overall portfolio has more risk but more potential growth as well, as the APRs (interest) they charge is generally much higher with higher spreads, allowing them to profit more when things are going smoothly. The only situation would be if things turn sour, you'd expect Goeasy's loan portfolio to be much more impacted than Equitable, because of its overall client base.