EQB

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Hi Mat and Dan, I hope everything is going well with you. What would rising rates mean for EQB? Thanks so much!

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Asked on April 26, 2021 12:05 pm
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Thanks a bunch!

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Posted by Vanessa Grass
Answered on April 26, 2021 6:38 pm
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Hi Vanessa,

Equitable (and financials in general) stands to benefit from rising rates as the net interest margin spread grows. If rates rise - EQB is likely in a very good position. THe negative aspect would be its exposure to the mortgage side of things which may see weakness, but overall - its a good thing for a company like EQB.

Mat

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Posted by Mathieu Litalien
Answered on April 26, 2021 2:47 pm