EQB Inc. (EQB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to EQB's earnings call for the second quarter of 2025. This call is being recorded on Thursday, May 29, 2025. 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 Maggie Hall, Director of Public Relations and Communications. Please go ahead. Thank you, Jenny, and good morning, everyone. Your hosts today are Andrew Moore, President and Chief Executive Officer, Marlene Leonard-Ducey, Chief Risk Officer, and David Wilkes, Vice President and Head of Finance. For those on the phone lines only, we encourage you to also log on to our webcast and view our presentation, which may be referenced during the prepared remarks. On slide two of our presentation, you'll find EQB's caution regarding forward-looking statements, as well as the use of non-IFRS measures. All figures referenced today are on an adjusted basis where applicable unless otherwise noted. With that, I will turn it over to Andrew. Good morning, everyone, and thank you, Maggie. Before diving into quarterly numbers, some initial observations. While the fundamental capacity of our business to grow profitably is unchanged, I would be remiss not to acknowledge that this was a period of unusual volatility. The confidence-altering threat of cross-border tariffs and dominated the narrative and dictated many customer decisions in Q2. The situation will be remedied, but it may take time. We trust that the resolution brings with it some benefits occurring to Canada from more diversified trade and the creation of a very necessary pro-growth economic agenda in Ottawa. In the meantime, while being ever mindful of near-term risks, we remain confident in EQB's prospects and ...