Brief: Eqb Announces Strategic Restructuring Program That Will Impact Q4 2025 Reported Results

EQB

22/10/2025 22:51

Oct 22 (Reuters) - EQB Inc EQB.TO:

EQB ANNOUNCES STRATEGIC RESTRUCTURING PROGRAM THAT WILL IMPACT Q4 2025 REPORTED RESULTS

EQB INC - RESTRUCTURING COSTS OF $67 MILLION INCLUDE 8% WORKFORCE REDUCTIONS

EQB INC - RESTRUCTURING CHARGE AND SEVERANCE PROVISION OF $15 MILLION

EQB INC: PROGRAM'S WORKFORCE REDUCTION ACTIVITIES WILL BE SUBSTANTIALLY COMPLETE BY END OF Q4

EQB INC - IMPACT ON EQUITABLE BANK'S CET1 RATIO EXPECTED TO BE 10BPS FROM RESTRUCTURING

Source text: ID:nPn1XQ5JVa

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