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Equitable Group, Incorporated Company Snapshot
Business Description:
Equitable Group, Incorporated operates in the Loan brokers sector. Equitable Group Inc. (Equitable) serves as the holding company of its 100% wholly owned subsidiary, The Equitable Trust Company (Equitable Trust). Equitable is a mortgage lender that provides loans secured by first mortgages and mortgages insured by the Canada Mortgage and Housing Corporation (CMHC), through Equitable Trust. The primary sources of its revenues are interest income, as well as commitment, renewal and discharge fees derived from its mortgage financing business. It also earns income from insured mortgages whose securitization is facilitated by CMHC through the Government of Canada's National Housing Act Mortgage Backed Securities (MBS) and Canada Mortgage Bond (CMB) Programs. In addition, it earns interest and dividend income from investments. Equitable Trust accepts deposits from the public by issuing Guaranteed Investment Certificates (GICs). It has three core lending businesses: Single Family Lending Services; Commercial Mortgage, and Commercial Lending Services. In our complete report available for purchase the company is compared to: Cash Store Financial Services Incorporation (The), Home Capital Group Inc. and Municipal Mortgage and Equity, L.L.C..
   
   
 
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Equitable Group, Incorporated
  Stock Performance Chart for Equitable Group, Incorporated
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 28.00
(Figures in Canadian Dollars)
1 Week 4.7%   13 Weeks 10.9%  
4 Weeks 7.8%   52 Weeks -3.8%  
 
Equitable Group, Incorporated Key Data:
  Ticker: ETC Country: CANADA
  Exchanges: MON TOR Major Industry: Financial
    Sub Industry: Personal Loan
  2010 Sales 211,116,000
(Year Ending Jan 2011).
Employees: 183
  Currency: Canadian Dollars Market Cap: 419,561,940
  Fiscal Yr Ends: December Shares Outstanding: 14,984,355
  Share Type: Common Closely Held Shares: 5,935,998
 
 
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