2024-05-30 18:20:28 ET
EQB Inc. (EQGPF)
Q2 2024 Earnings Conference Call
May 30, 2024 10:00 ET
Company Participants
David Lee - Associate Director of Investor Relations
Andrew Moor - President & Chief Executive Officer
Chadwick Westlake - Chief Financial Officer
Conference Call Participants
Meny Grauman - Scotiabank
Lemar Persaud - Cormark
Geoff Kwan - RBC
Paul Holden - CIBC
Etienne Ricard - BMO Capital Markets
Gabriel Dechaine - National Bank
Graham Ryding - TD Securities
Nigel D'Souza - Veritas Investment Research
Presentation
Operator
Welcome to EQB's Earnings Call for the Second Quarter of 2024 on Thursday, May 30, 2024. At this time, you are in a listen-only mode. Later, we will conduct a question-and-answer session for analysts. Instructions will be provided at that time.
It is now my pleasure to turn the call over to David Lee, Associate Director of Investor Relations for EQB.
David Lee
Thanks, Sylvie and good morning, everyone. Your hosts today are Andrew Moor, President and Chief Executive Officer; Chadwick Westlake, Chief Financial Officer; and Marlene Lenarduzzi, Chief Risk Officer. For those on the phone lines only, we encourage you to also log on to our webcast to view our accompanying presentation. There on slide 2, you'll find EQB's caution regarding forward-looking statements as well as the use of non-IFRS measures on this call.
All figures referenced today are adjusted, where applicable or otherwise noted. Due to EQB’s change in fiscal year to end on October 31 for 2023 onward, quarterly comparison periods throughout fiscal 2024 will compare to the closest historical period. The second quarter ending April 30 will be compared to the prior quarter Q1 2024 ending January 31 and prior year Q1 2023 ending March 31. The year-to-date figures are presented as at or for the 6 months ended April 30, 2024, compared to March 31, 2023.
It is now my pleasure to turn the call over to Andrew.
Andrew Moor
Thank you, David and good morning, everyone. Since the beginning of our new fiscal year, our team has done some really good work in serving our purpose of driving change in Canadian banking to enrich people's lives. The reward for that work has been strong customer account growth, active customer engagement, market share gains and results for shareholders that compare favorably with EQB's high-performance standards set over the past 20 years. When I think about our purpose of enriching people's lives, we do that by deliberately choosing to only operate and allocate capital within Canada rather than expanding out to new geographies....
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EQB Inc. (EQGPF) Q2 2024 Earnings Call Transcript