This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional. Estimates Estimates Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Q3 2024
See my website on stocks or see my blog at the following sites.  https://spbrunner.com/stocks.html https://spbrunner.blogspot.com/
EQB  Inc TSX: EQB OTC: EQGPF https://www.equitablebank.ca/ Fiscal Yr: Dec 31
Year 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 10/31/23 10/31/24 10/31/25 10/31/26 Value Description #Y Item Total G
Accounting Rules IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS  IFRS 
Months Covered 12 12 12 12 12 12 12 12 12 12 12 12 10 12 12 12
Split 2
Split Date 15-Oct-21
$922.2 <-12 mths 10.01%
Net Interest Income $133.8 $154.2 $174.5 $204.5 $242.2 $279.9 $308.8 $348.4 $462.6 $497.4 $582.6 $733.4 $838.3 $1,269 $1,348 $1,406 380.29% <-Total Growth 10 Net Int, Other Income
Increase 42.24% 15.26% 13.20% 17.18% 18.44% 15.56% 10.33% 12.81% 32.80% 7.51% 17.13% 25.88% 14.30% 51.38% 6.23% 4.30% 16.99% <-IRR #YR-> 10 Net Interest Income 380.29%
5 year Running Average $85.3 $103.9 $125.9 $152.2 $181.8 $211.1 $242.0 $276.8 $328.4 $379.4 $440.0 $524.9 $622.9 $784.1 $954.3 $1,118.9 19.20% <-IRR #YR-> 5 Net Interest Income 140.62%
Revenue per Share $4.45 $5.07 $5.68 $6.63 $7.79 $8.50 $9.36 $10.52 $13.77 $14.74 $17.10 $19.52 $22.13 $33.06 $35.12 $36.63 17.33% <-IRR #YR-> 10 5 yr Running Average 394.58%
Increase 41.53% 13.95% 11.99% 16.57% 17.65% 9.09% 10.04% 12.47% 30.87% 7.03% 16.02% 14.18% 13.35% 49.40% 6.23% 4.30% 17.61% <-IRR #YR-> 5 5 yr Running Average 125.05%
5 year Running Average $2.91 $3.46 $4.16 $5.00 $5.93 $6.74 $7.59 $8.56 $9.99 $11.38 $13.10 $15.13 $17.45 $21.31 $25.39 $29.29 14.56% <-IRR #YR-> 10 Revenue per Share 289.39%
P/S (Price/Sales) Med 3.02 2.87 3.68 4.43 3.65 3.21 2.91 2.91 3.26 2.69 3.95 3.16 3.00 2.77 0.00 0.00 16.03% <-IRR #YR-> 5 Revenue per Share 110.31%
P/S (Price/Sales) Close 2.81 3.22 4.47 4.96 3.30 3.56 3.82 2.81 3.97 3.43 4.03 2.91 3.94 3.19 3.00 2.88 15.41% <-IRR #YR-> 10 5 yr Running Average 319.27%
Net Interest Income is what analysts seem to be looking at. P/S Med 20 yr  3.45 15 yr  3.21 10 yr  3.19 5 yr  3.16 0.16% Diff M/C 15.31% <-IRR #YR-> 5 5 yr Running Average 103.88%
$2,895.6 <-12 mths 17.94%
Interest Income $435.3 $476.5 $494.2 $509.5 $565.2 $637.5 $710.5 $860.1 $1,116.8 $1,121.7 $1,107.3 $1,616.2 $2,406.4 386.95% <-Total Growth 10 Revenue
Other Income $3.7 $6.6 $14.4 $13.4 $16.8 $26.5 $41.0 $27.7 $34.4 $59.4 $60.3 $48.8 $48.8 239.09% <-Total Growth 10 Revenue
Revenue* $439.0 $483.1 $508.6 $523.0 $582.0 $663.9 $751.5 $887.7 $1,151.2 $1,181.1 $1,167.6 $1,665.0 $2,455.2 382.77% <-Total Growth 10 Revenue
Increase 107.94% 10.06% 5.26% 2.83% 11.29% 14.08% 13.19% 18.13% 29.68% 2.59% -1.14% 42.60% 47.46% 17.05% <-IRR #YR-> 10 Revenue 382.77%
5 year Running Average $254.1 $313.6 $369.9 $433.0 $507.1 $552.1 $605.8 $681.6 $807.3 $927.1 $1,027.8 $1,210.5 $1,524.0 22.56% <-IRR #YR-> 5 Revenue 176.57%
Revenue per Share $14.62 $15.90 $16.56 $16.94 $18.73 $20.17 $22.77 $26.81 $34.27 $35.00 $34.27 $44.32 $64.82 15.21% <-IRR #YR-> 10 5 yr Running Average 311.98%
Increase 106.90% 8.81% 4.13% 2.30% 10.55% 7.69% 12.89% 17.77% 27.80% 2.13% -2.08% 29.34% 46.23% 17.46% <-IRR #YR-> 5 5 yr Running Average 123.59%
5 year Running Average $8.69 $10.43 $12.22 $14.22 $16.55 $17.66 $19.03 $21.08 $24.55 $27.80 $30.62 $34.93 $42.54 14.62% <-IRR #YR-> 10 Revenue per Share 291.41%
P/S (Price/Sales) Med 0.92 0.92 1.26 1.73 1.52 1.35 1.19 1.14 1.31 1.13 1.97 1.39 1.02 19.31% <-IRR #YR-> 5 Revenue per Share 141.74%
P/S (Price/Sales) Close 0.86 1.03 1.53 1.94 1.37 1.50 1.57 1.10 1.60 1.44 2.01 1.28 1.35 13.28% <-IRR #YR-> 10 5 yr Running Average 248.00%
*Intertest Income and Other Income. in M CDN $  P/S Med 20 yr  1.33 15 yr  1.26 10 yr  1.33 5 yr  1.31 15.07% <-IRR #YR-> 5 5 yr Running Average 101.75%
-$508.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $2,455.2
-$887.7 $0.0 $0.0 $0.0 $0.0 $2,455.2
-$369.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,524.0
-$681.6 $0.0 $0.0 $0.0 $0.0 $1,524.0
-$16.56 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $64.82
-$26.81 $0.00 $0.00 $0.00 $0.00 $64.82
$382.7 <-12 mths 7.10%
$9.86 <-12 mths 4.89%
Reported Adj. Net Income $223.8 $293.1 $326.7 $364.3 Reported Adj. Net Income
Adjusted Net Income $56.6 $77.6 $90.9 $102.5 $121.3 $138.8 $155.6 $168.0 $207.2 $219.2 $288.7 $321.2 $357.3 293.10% <-Total Growth 10 Adjusted Net Income
Return on Equity ROE 14.97% 17.13% 16.84% 16.24% 15.72% 15.34% 14.60% 13.91% 14.85% 13.92% 15.34% 13.65% 13.41% 14.73% <-Median-> 10 Return on Equity ROE
Less Preferred Div $214.8 $284.2 $315.7 $350.3 Less Preferred Div
Adjusted Net Income Calc $219.2 $288.7 $321.2 $357.3 Adjusted Net Income Calc
Return on Equity ROE 14.97% 17.13% 16.84% 16.24% 15.72% 15.34% 14.60% 13.91% 14.85% 13.92% 15.34% 13.65% 13.41% Return on Equity ROE
5Yr Median 14.97% 14.97% 15.81% 16.24% 16.24% 16.24% 15.72% 15.34% 14.85% 14.60% 14.60% 13.92% 13.92% 15.10% <-Median-> 10 5Yr Median
Basic $1.89 $2.57 $2.98 $3.33 $3.92 $4.45 $4.72 $5.08 $6.21 $6.52 $8.50 $9.26 $9.48 218.43% <-Total Growth 10 AEPS
AEPS* Dilued $1.87 $2.56 $2.94 $3.28 $3.87 $4.41 $4.69 $5.05 $6.15 $6.47 $8.38 $9.17 $9.40 $11.47 $12.40 $13.51 219.57% <-Total Growth 10 AEPS
Increase 7.49% 36.36% 15.11% 11.35% 18.15% 14.01% 6.26% 7.67% 21.83% 5.20% 29.52% 9.43% 2.51% 22.02% 8.11% 8.95% 10 0 10 Years of Data, EPS P or N 100.00%
5 year Running Average $1.58 $1.85 $2.16 $2.48 $2.90 $3.41 $3.84 $4.26 $4.83 $5.35 $6.15 $7.04 $7.91 $8.98 $10.16 $11.19 12.32% <-IRR #YR-> 10 AEPS 219.57%
AEPS Yield 14.99% 15.65% 11.59% 9.97% 15.03% 14.60% 13.11% 17.08% 11.25% 12.81% 12.16% 16.16% 10.78% 10.87% 11.75% 12.81% 13.24% <-IRR #YR-> 5 AEPS 86.21%
Payout Ratio 11.47% 9.78% 9.86% 10.08% 9.56% 9.29% 9.81% 10.40% 9.92% 11.44% 8.83% 13.20% 11.70% 15.17% 15.16% 13.92% 13.87% <-IRR #YR-> 10 5 yr Running Average 266.58%
5 year Running Average 12.84% 11.52% 10.70% 10.37% 10.02% 9.68% 9.69% 9.84% 9.83% 10.25% 10.00% 10.86% 11.12% 12.32% 13.12% 13.96% 13.19% <-IRR #YR-> 5 5 yr Running Average 85.83%
Price/AEPS Median 7.18 5.70 7.12 8.95 7.34 6.18 5.80 6.07 7.31 6.12 8.07 6.73 7.06 7.99 0.00 0.00 6.90 <-Median-> 10 Price/AEPS Median
Price/AEPS High 8.67 6.49 8.63 10.84 8.42 7.14 7.71 6.96 9.67 8.68 9.97 8.46 9.28 9.11 0.00 0.00 8.57 <-Median-> 10 Price/AEPS High
Price/AEPS Low 5.69 4.90 5.61 7.07 6.27 5.23 3.89 5.18 4.94 3.55 6.17 5.00 4.84 6.87 0.00 0.00 5.09 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 6.67 6.39 8.63 10.03 6.65 6.85 7.63 5.86 8.89 7.81 8.22 6.19 9.28 9.20 8.51 7.81 7.72 <-Median-> 10 Price/AEPS Close
Trailing P/AEPS Close 7.17 8.71 9.93 11.16 7.86 7.81 8.10 6.31 10.83 8.21 10.65 6.77 9.51 11.22 9.20 8.51 8.16 <-Median-> 10 Trailing P/AEPS Close
Median Values DPR 10 Yrs 10.00% 5 Yrs   11.44% P/CF 5 Yrs   in order 7.06 9.28 4.94 8.22 30.25% Diff M/C DPR 75% to 95% best
* Adjusted Earnings per Share
$10.58 <-12 mths 10.32%
EPS Basic $1.96 $2.58 $2.95 $3.32 $3.92 $4.29 $4.73 $4.87 $6.05 $6.52 $8.49 $7.63 $9.67 228.35% <-Total Growth 10 EPS Basic WebBroker E
EPS Diluted* $1.94 $2.56 $2.91 $3.27 $3.87 $4.25 $4.70 $4.84 $5.99 $6.47 $8.36 $7.55 $9.59 $11.23 $12.77 $14.17 229.55% <-Total Growth 10 EPS Diluted
Increase 14.79% 31.70% 13.89% 12.20% 18.38% 9.83% 10.60% 2.98% 23.78% 8.10% 29.21% -9.69% 27.02% 17.10% 13.71% 10.96% 10 0 10 Years of Data, EPS P or N
Earnings Yield 15.5% 15.7% 11.5% 9.9% 15.0% 14.0% 13.1% 16.4% 10.9% 12.8% 12.1% 13.3% 11.0% 10.6% 12.1% 13.4% 12.67% <-IRR #YR-> 10 Earnings per Share 229.55%
5 year Running Average $1.58 $1.85 $2.16 $2.47 $2.91 $3.37 $3.80 $4.18 $4.73 $5.25 $6.07 $6.64 $7.59 $8.64 $9.90 $11.06 14.68% <-IRR #YR-> 5 Earnings per Share 98.35%
10 year Running Average $1.35 $1.60 $1.86 $2.16 $2.48 $2.82 $3.17 $3.60 $4.08 $4.72 $5.22 $5.89 $6.68 $7.57 $8.57 4.67% <-IRR #YR-> 10 5 yr Running Average 252.25%
* Diluted ESP per share  E/P 10 Yrs 12.97% 5Yrs 12.13% 12.67% <-IRR #YR-> 5 5 yr Running Average 81.56%
-$2.91 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.59
-$4.84 $0.00 $0.00 $0.00 $0.00 $9.59
-$2.16 $0.00 -$2.91 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.59
-$4.18 $0.00 $0.00 $0.00 $0.00 $7.59
Dividend* $1.76 $2.08 $2.44 Estimates Dividend* See Yahoo
Increase 59.64% 18.68% 16.84% Estimates Increase Finance
Payout Ratio EPS 15.64% 16.32% 17.18% Estimates Payout Ratio EPS
Special Dividend $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Pre-split 2021 $0.43 $0.50 $0.58 $0.66 $0.74 $0.82 $0.92 $1.05 $1.22 $1.46
Dividend* $0.22 $0.25 $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $1.10 $1.74 $1.88 $1.88 279.31% <-Total Growth 10 Dividends
Increase 7.50% 16.28% 16.00% 13.79% 12.12% 10.81% 12.20% 14.13% 16.19% 21.31% 0.00% 63.51% -9.09% 58.18% 8.05% 0.00% 13 1 18 Years of data, Count P, N 72.22%
Average Increases 5 Year Running 2.55% 4.76% 7.96% 10.71% 13.14% 13.80% 12.98% 12.61% 13.09% 14.93% 12.77% 23.03% 18.38% 26.78% 24.13% 24.13% 13.11% <-Median-> 10 Average Incr 5 Year Running
Dividends 5 Yr Running $0.20 $0.21 $0.23 $0.26 $0.29 $0.33 $0.37 $0.42 $0.48 $0.55 $0.62 $0.77 $0.88 $1.11 $1.33 $1.56 280.95% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 1.60% 1.72% 1.38% 1.13% 1.30% 1.50% 1.69% 1.71% 1.36% 1.87% 1.09% 1.96% 1.66% 1.90% 1.58% <-Median-> 10 Yield H/L Price Item
Yield on High  Price 1.32% 1.51% 1.14% 0.93% 1.14% 1.30% 1.27% 1.49% 1.03% 1.32% 0.89% 1.56% 1.26% 1.67% 1.27% <-Median-> 10 Yield on High  Price EPS
Yield on Low Price 2.02% 2.00% 1.76% 1.43% 1.53% 1.78% 2.52% 2.01% 2.01% 3.22% 1.43% 2.64% 2.42% 2.21% 2.01% <-Median-> 10 Yield on Low Price AEPS
Yield on Close Price 1.72% 1.53% 1.14% 1.01% 1.44% 1.36% 1.29% 1.78% 1.12% 1.47% 1.07% 2.13% 1.26% 1.65% 1.78% 1.78% 1.32% <-Median-> 10 Yield on Close Price CFPS
Payout Ratio EPS 11.08% 9.78% 9.97% 10.11% 9.57% 9.66% 9.80% 10.86% 10.19% 11.44% 8.85% 16.03% 11.47% 15.49% 14.72% 13.27% 10.15% <-Median-> 10 DPR EPS FCF 
DPR EPS 5 Yr Running 12.82% 11.51% 10.72% 10.40% 10.01% 9.80% 9.80% 10.02% 10.05% 10.47% 10.13% 11.52% 11.59% 12.80% 13.47% 14.12% 10.09% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 53.40% -5.45% -3.20% -17.85% 4.71% -65.43% 5.55% -57.26% 6.66% 7.68% 3.64% 152.09% 125.15% -8.83% #VALUE! #DIV/0! 5.13% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 50.42% -4.65% -2.55% -13.90% 3.71% -52.66% 4.49% -45.70% 5.19% 5.70% 3.02% 96.16% 100.12% -5.61% #VALUE! #DIV/0! 4.10% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC -1.34% -0.58% -0.66% -0.84% -1.76% 6.64% 6.03% 6.42% 6.09% 7.50% 5.70% 10.31% 6.98% -8.83% #VALUE! #DIV/0! 6.25% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running -1.27% -0.50% -0.52% -0.65% -1.38% 5.34% 4.88% 5.13% 4.74% 5.56% 4.74% 6.52% 5.58% -5.61% #VALUE! #DIV/0! 5.00% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 1.58% 1.32% 5 Yr Med 5 Yr Cl 1.66% 1.26% 5 Yr Med Payout 11.44% 7.68% 6.98% 15.94% <-IRR #YR-> 5 Dividends 109.52%
* Dividends per share  10 Yr Med and Cur. 12.80% 34.86% 5 Yr Med and Cur. 7.54% 41.33% Last Div Inc ---> $0.45 $0.47 4.4% 14.26% <-IRR #YR-> 10 Dividends 279.31%
Dividends Growth 15 12.04% <-IRR #YR-> 15 Dividends 450.00%
Dividends Growth 20 8.34% <-IRR #YR-> 19 Dividends
Dividends Growth 5 -$0.53 $0.00 $0.00 $0.00 $0.00 $1.10 Dividends Growth 5
Dividends Growth 10 -$0.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.10 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.10 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.10 Dividends Growth 20
Historical Dividends Historical High Div 4.02% Low Div 0.89% 10 Yr High 3.16% 10 Yr Low 0.89% Med Div 1.55% Close Div 1.37% Historical Dividends
High/Ave/Median Values Curr diff Exp. -55.67%     100.24% Exp. -43.60% 100.24% Cheap 14.98% Cheap 29.73% High/Ave/Median 
Future Dividend Yield Div Yield 3.73% earning in 5 Years at IRR of 15.94% Div Inc. 109.52% Future Dividend Yield
Future Dividend Yield Div Yield 7.82% earning in 10 Years at IRR of 15.94% Div Inc. 339.00% Future Dividend Yield
Future Dividend Yield Div Yield 16.39% earning in 15 Years at IRR of 15.94% Div Inc. 819.81% Future Dividend Yield
Future Dividend Paid Div Paid $3.94 earning in 5 Years at IRR of 15.94% Div Inc. 109.52% Future Dividend Paid
Future Dividend Paid Div Paid $8.25 earning in 10 Years at IRR of 15.94% Div Inc. 339.00% Future Dividend Paid
Future Dividend Paid Div Paid $17.29 earning in 15 Years at IRR of 15.94% Div Inc. 819.81% Future Dividend Paid
Dividend Covering Cost Total Div $12.91 over 5 Years at IRR of 15.94% Div Cov. 12.24% Dividend Covering Cost
Dividend Covering Cost Total Div $36.03 over 10 Years at IRR of 15.94% Div Cov. 34.16% Dividend Covering Cost
Dividend Covering Cost Total Div $84.48 over 15 Years at IRR of 15.94% Div Cov. 80.08% Dividend Covering Cost
Yield if held 5 years 1.63% 1.60% 2.98% 4.19% 3.21% 3.05% 3.16% 2.51% 2.08% 2.60% 2.71% 4.45% 3.59% 3.87% 4.75% 2.78% 3.10% <-Median-> 10 Paid Median Price Years 
Yield if held 10 years 3.21% 3.05% 3.11% 2.94% 5.40% 7.74% 6.42% 5.50% 8.31% 5.25% 5.93% 6.62% 6.89% 5.33% <-Median-> 10 Paid Median Price 5
Yield if held 15 years 5.94% 6.11% 5.62% 7.74% 11.31% 22.09% 16.31% 13.98% 6.11% <-Median-> 5 Paid Median Price 10
Yield if held 20 years 16.93% 15.52% 14.28% #NUM! <-Median-> 0 Paid Median Price 15
Yield if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 7.71% 6.81% 11.88% 16.31% 12.62% 12.27% 12.78% 10.00% 8.10% 9.66% 11.27% 14.07% 14.36% 12.31% 16.85% 11.55% 12.45% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 21.70% 20.19% 20.25% 18.71% 33.43% 46.46% 36.44% 35.14% 39.05% 31.02% 26.96% 33.14% 39.89% 32.22% <-Median-> 10 Paid Median Price
Cost covered if held 15 years 44.82% 42.85% 43.61% 43.18% 78.68% 116.66% 94.32% 93.21% 43.61% <-Median-> 5 Paid Median Price
Cost covered if held 20 years 98.64% 97.92% 102.94% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Yr  Item Tot. Growth
Revenue Growth  $348.4 $462.6 $497.4 $582.6 $733.4 $838.3 $922.2 <-12 mths 10.01% 140.62% <-Total Growth 5 Revenue Growth  140.62%
AEPS Growth $5.05 $6.15 $6.47 $8.38 $9.17 $9.40 $9.86 <-12 mths 4.89% 86.21% <-Total Growth 5 AEPS Growth 86.21%
Net Income Growth $160.9 $201.8 $219.3 $288.1 $264.6 $364.6 $409.7 <-12 mths 12.38% 126.65% <-Total Growth 5 Net Income Growth 126.65%
Cash Flow Growth -$30.4 $307.7 $325.2 $693.3 $29.9 $33.3 -$756.2 <-12 mths -2371.08% 209.68% <-Total Growth 5 Cash Flow Growth 209.68%
Dividend Growth $0.53 $0.61 $0.74 $0.74 $1.21 $1.10 $1.74 <-12 mths 58.18% 109.52% <-Total Growth 5 Dividend Growth 109.52%
Stock Price Growth $29.56 $54.68 $50.50 $68.91 $56.73 $87.23 $105.49 <-12 mths 20.93% 195.09% <-Total Growth 5 Stock Price Growth 195.09%
Revenue Growth  $174.5 $204.5 $242.2 $279.9 $308.8 $348.4 $462.6 $497.4 $582.6 $733.4 $838.3 $1,269.0 <-this year 51.38% 380.29% <-Total Growth 10 Revenue Growth  380.29%
AEPS Growth $2.94 $3.28 $3.87 $4.41 $4.69 $5.05 $6.15 $6.47 $8.38 $9.17 $9.40 $11.47 <-this year 22.02% 219.57% <-Total Growth 10 AEPS Growth 219.57%
Net Income Growth $93.5 $106.7 $125.9 $138.3 $138.3 $160.9 $201.8 $219.3 $288.1 $264.6 $364.6 $594.0 <-this year 62.92% 289.81% <-Total Growth 10 Net Income Growth 289.81%
Cash Flow Growth -$278.3 -$57.1 $243.9 -$20.6 $273.6 -$30.4 $307.7 $325.2 $693.3 $29.9 $33.3 -$756.2 <-this year -2371.08% 111.97% <-Total Growth 10 Cash Flow Growth 111.97%
Dividend Growth $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $1.10 $1.76 <-this year 59.64% 279.31% <-Total Growth 10 Dividend Growth 279.31%
Stock Price Growth $25.38 $32.84 $25.75 $30.23 $35.75 $29.56 $54.68 $50.50 $68.91 $56.73 $87.23 $106.88 <-this year 22.53% 243.70% <-Total Growth 10 Stock Price Growth 243.70%
Dividends on Shares $13.20 $14.80 $16.40 $18.40 $21.00 $24.40 $29.60 $29.60 $48.40 $44.00 $69.60 $75.20 $75.20 $259.80 No of Years 10 Total Dividends 12/31/13
Paid  $1,015.20 $1,313.40 $1,030.00 $1,209.20 $1,430.00 $1,182.40 $2,187.00 $2,020.00 $2,756.40 $2,269.20 $3,489.20 $4,219.60 $4,219.60 $4,219.60 $3,489.20 No of Years 10 Share Value $25.38
Total $3,749.00 Total Return
Graham No. AEPS $23.04 $29.28 $34.11 $38.82 $46.49 $52.23 $58.36 $64.36 $75.81 $82.43 $102.06 $113.70 $121.96 $143.53 $149.24 $155.78 257.58% <-Total Growth 10 Graham Price AEPS
Price/GP Ratio Med 0.58 0.50 0.61 0.76 0.61 0.52 0.47 0.48 0.59 0.48 0.66 0.54 0.54 0.64 0.54 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 0.70 0.57 0.74 0.91 0.70 0.60 0.62 0.55 0.78 0.68 0.82 0.68 0.72 0.73 0.69 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.46 0.43 0.48 0.60 0.52 0.44 0.31 0.41 0.40 0.28 0.51 0.40 0.37 0.55 0.40 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 0.54 0.56 0.74 0.85 0.55 0.58 0.61 0.46 0.72 0.61 0.68 0.50 0.72 0.73 0.71 0.68 0.61 <-Median-> 10 Price/GP Ratio
Prem/Disc Close -45.75% -44.25% -25.59% -15.42% -44.62% -42.12% -38.74% -54.07% -27.87% -38.74% -32.48% -50.10% -28.48% -26.51% -29.32% -32.28% -38.74% <-Median-> 10 Graham Price
Graham No. EPS $23.44 $29.28 $33.92 $38.76 $46.46 $51.23 $58.40 $62.99 $74.78 $82.43 $101.93 $103.17 $123.19 $142.03 $151.45 $159.54 263.13% <-Total Growth 10 Graham Price EPS
Price/GP Ratio Med 0.57 0.50 0.62 0.76 0.61 0.53 0.47 0.49 0.60 0.48 0.66 0.60 0.54 0.65 0.57 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 0.69 0.57 0.75 0.92 0.70 0.62 0.62 0.56 0.80 0.68 0.82 0.75 0.71 0.74 0.70 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.45 0.43 0.49 0.60 0.52 0.45 0.31 0.42 0.41 0.28 0.51 0.44 0.37 0.56 0.43 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 0.53 0.56 0.75 0.85 0.55 0.59 0.61 0.47 0.73 0.61 0.68 0.55 0.71 0.74 0.70 0.66 0.61 <-Median-> 10 Price/GP Ratio
Prem/Disc Close -46.68% -44.25% -25.19% -15.28% -44.58% -40.99% -38.78% -53.07% -26.89% -38.74% -32.40% -45.01% -29.19% -25.72% -30.35% -33.88% -38.76% <-Median-> 10 Graham Price
Month, Year 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 21.00 <Count Years> Month, Year
Pre-split 2021 $25.00 $32.65 $50.76 $65.67 $51.50 $60.46 $71.50 $59.12 $109.35 $101.00
Price Close $12.50 $16.33 $25.38 $32.84 $25.75 $30.23 $35.75 $29.56 $54.68 $50.50 $68.91 $56.73 $87.23 $105.49 $105.49 $105.49 243.70% <-Total Growth 10 Stock Price
Increase 0.04% 30.60% 55.47% 29.37% -21.58% 17.40% 18.26% -17.31% 84.96% -7.64% 36.46% -17.68% 53.76% 20.93% 0.00% 0.00% 12.52 <-Median-> 10 CAPE (10 Yr P/E)
P/E 6.44 6.39 8.72 10.06 6.66 7.12 7.61 6.11 9.14 7.81 8.24 7.51 9.10 9.39 8.26 7.44 24.16% <-IRR #YR-> 5 Stock Price 195.09%
Trailing P/E 7.40 8.41 9.93 11.28 7.89 7.82 8.42 6.30 11.31 8.44 10.65 6.79 11.55 11.00 9.39 8.26 13.14% <-IRR #YR-> 10 Stock Price 243.70%
CAPE (10 Yr P/E) 12.06 15.87 17.65 11.90 12.21 12.66 9.33 15.19 12.39 14.60 10.87 14.82 15.79 13.93 12.32 26.05% <-IRR #YR-> 5 Price & Dividend 209.98%
Median 10, 5 Yrs D.  per yr 1.35% 1.88% % Tot Ret 9.29% 7.23% T P/E 8.43 10.65 P/E:  7.71 8.24 14.49% <-IRR #YR-> 10 Price & Dividend 269.29%
Price 15 D.  per yr 2.18% % Tot Ret 9.96% CAPE Diff -25.00% 19.70% <-IRR #YR-> 15 Stock Price
Price  20 D.  per yr 1.11% % Tot Ret 9.47% 10.62% <-IRR #YR-> 20 Stock Price
Price & Dividend 15 21.88% <-IRR #YR-> 15 Price & Dividend
Price & Dividend 20 11.73% <-IRR #YR-> 20 Price & Dividend
Price  5 -$29.56 $0.00 $0.00 $0.00 $0.00 $87.23 Price  5
Price 10 -$25.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $87.23 Price 10
Price & Dividend 5 -$29.56 $0.61 $0.74 $0.74 $1.21 $88.33 Price & Dividend 5
Price & Dividend 10 -$25.38 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $88.33 Price & Dividend 10
Price 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $87.23 Price 15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $87.23 Price  20
Price & Dividend 15 $0.22 $0.25 $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $88.33 Price & Dividend 15
Price & Dividend 20 $0.22 $0.25 $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $88.33 Price & Dividend 20
Price H/L Median $13.45 $14.56 $20.94 $29.32 $28.41 $27.29 $27.20 $30.64 $44.94 $39.58 $67.62 $61.74 $66.38 $91.65 216.98% <-Total Growth 10 Stock Price
Increase 16.68% 8.25% 43.84% 40.02% -3.10% -3.96% -0.34% 12.66% 46.67% -11.93% 70.84% -8.70% 7.52% 38.08% 12.23% <-IRR #YR-> 10 Stock Price 216.98%
P/E 6.93 5.70 7.20 8.98 7.35 6.43 5.79 6.34 7.51 6.12 8.09 8.18 6.92 8.16 16.72% <-IRR #YR-> 5 Stock Price 116.65%
Trailing P/E 7.96 7.50 8.20 10.08 8.70 7.06 6.41 6.53 9.29 6.61 10.45 7.38 8.79 9.56 13.92% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 8.49 7.86 9.72 11.86 9.77 8.10 7.16 7.33 9.51 7.54 11.14 9.30 8.74 10.61 18.77% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 10.76 13.10 15.76 13.13 11.02 9.63 9.67 12.49 9.71 14.33 11.83 11.28 13.71 7.10 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 1.69% 2.05% % Tot Ret 12.15% 10.92% T P/E 8.04 8.79 P/E:  7.14 7.51 Count 19 Years of data
-$20.94 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $66.38
-$30.64 $0.00 $0.00 $0.00 $0.00 $66.38
-$20.94 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $67.48
-$30.64 $0.61 $0.74 $0.74 $1.21 $67.48
High Months May Dec Dec Dec May Dec Feb Dec Nov Feb Nov Feb Dec Sep
Pre-split 2021 $32.48 $33.19 $50.76 $71.00 $65.15 $63.02 $72.29 $70.26 $118.98 $112.37
Price High $16.24 $16.60 $25.38 $35.50 $32.58 $31.51 $36.15 $35.13 $59.49 $56.19 $83.52 $77.60 $87.23 $104.47 243.70% <-Total Growth 10 Stock Price
Increase 26.88% 2.19% 52.94% 39.87% -8.24% -3.27% 14.71% -2.81% 69.34% -5.56% 48.65% -7.09% 12.41% 19.76% 13.14% <-IRR #YR-> 10 Stock Price 243.70%
P/E 8.37 6.50 8.72 10.87 8.43 7.42 7.70 7.27 9.94 8.68 9.99 10.28 9.10 9.30 19.95% <-IRR #YR-> 5 Stock Price 148.31%
Trailing P/E 9.61 8.55 9.93 12.20 9.98 8.15 8.51 7.48 12.30 9.39 12.91 9.28 11.55 10.89 8.91 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 9.68 11.55 P/E:  8.89 9.94 12.48 P/E Ratio Historical High
-$25.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $87.23
-$35.13 $0.00 $0.00 $0.00 $0.00 $87.23
Low Months Oct May Jan Feb Aug Jan Apr Mar Jan Mar Jan Oct Mar May
Price Low $10.66 $12.52 $16.50 $23.14 $24.25 $23.07 $18.25 $26.15 $30.39 $22.97 $51.71 $45.87 $45.52 $78.83 175.88% <-Total Growth 10 Stock Price
Increase 3.95% 17.50% 31.79% 40.24% 4.80% -4.89% -20.90% 43.30% 16.22% -24.40% 125.12% -11.29% -0.76% 73.18% 10.68% <-IRR #YR-> 10 Stock Price 175.88%
P/E 5.49 4.90 5.67 7.09 6.27 5.43 3.89 5.41 5.08 3.55 6.19 6.08 4.75 7.02 11.73% <-IRR #YR-> 5 Stock Price 74.11%
Trailing P/E 6.30 6.45 6.46 7.95 7.43 5.97 4.30 5.57 6.28 3.84 7.99 5.49 6.03 8.22 5.58 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 6.00 6.03 P/E:  5.42 5.08 4.06 P/E Ratio Historical Low
-$16.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $45.52
Month, Year 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 31-Oct 21.00 <Count Years> Month, Year
Price Close $12.79 $14.80 $24.45 $32.69 $29.01 $26.42 $30.00 $30.25 $56.66 $42.54 $77.29 $48.31 $74.08 $105.49 $105.49 $106.88 202.99% <-Total Growth 10 Stock Price
Increase 9.13% 15.72% 65.20% 33.70% -11.26% -8.93% 13.55% 0.83% 87.31% -24.92% 81.69% -37.50% 53.34% 42.40% 0.00% 1.32% 11.63 <-Median-> 10 CAPE (10 Yr P/E)
P/E 6.59 5.79 8.40 10.01 7.51 6.22 6.39 6.26 9.47 6.57 9.25 6.40 7.72 9.39 8.26 7.54 19.62% <-IRR #YR-> 5 Stock Price 144.89%
Trailing P/E 7.57 7.63 9.57 11.23 8.89 6.84 7.07 6.44 11.72 7.11 11.95 5.78 9.81 11.00 9.39 8.37 11.72% <-IRR #YR-> 10 Stock Price 202.99%
CAPE (10 Yr P/E) 10.93 15.29 17.57 13.40 10.67 10.63 9.55 15.75 10.44 16.38 9.26 12.59 15.79 13.93 12.48 21.60% <-IRR #YR-> 5 Price & Dividend 159.44%
Median 10, 5 Yrs D.  per yr 1.48% 1.98% % Tot Ret 11.21% 9.16% T P/E 8.00 9.81 P/E:  7.04 7.72 13.20% <-IRR #YR-> 10 Price & Dividend 223.13%
Price 15 D.  per yr 2.24% % Tot Ret 11.10% CAPE Diff -19.22% 17.91% <-IRR #YR-> 15 Stock Price
Price  20 D.  per yr 1.20% % Tot Ret 11.02% 9.72% <-IRR #YR-> 20 Stock Price
Price & Dividend 15 20.14% <-IRR #YR-> 15 Price & Dividend
Price & Dividend 20 10.92% <-IRR #YR-> 20 Price & Dividend
Price  5 -$30.25 $0.00 $0.00 $0.00 $0.00 $74.08 Price  5
Price 10 -$24.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $74.08 Price 10
Price & Dividend 5 -$30.25 $0.61 $0.74 $0.74 $1.21 $75.18 Price & Dividend 5
Price & Dividend 10 -$24.45 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $75.18 Price & Dividend 10
Price 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $74.08 Price 15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $74.08 Price  20
Price & Dividend 15 $0.22 $0.25 $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $75.18 Price & Dividend 15
Price & Dividend 20 $0.22 $0.25 $0.29 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $75.18 Price & Dividend 20
Price H/L Median $13.45 $14.11 $19.73 $28.11 $24.81 $27.19 $27.64 $32.38 $42.91 $41.23 $62.15 $64.82 $65.00 $91.65 1.32% 229.53% <-Total Growth 10 Stock Price
Increase 18.09% 4.91% 39.84% 42.51% -11.74% 9.57% 1.67% 17.15% 32.52% -3.92% 50.73% 4.30% 0.28% 41.00% 1.78% 12.67% <-IRR #YR-> 10 Stock Price 229.53%
P/E 6.93 5.52 6.78 8.61 6.42 6.40 5.89 6.70 7.17 6.37 7.43 8.59 6.78 8.16 3.10% 14.95% <-IRR #YR-> 5 Stock Price 100.74%
Trailing P/E 7.96 7.27 7.72 9.66 7.60 7.03 6.51 6.90 8.87 6.89 9.61 7.75 8.61 9.56 14.43% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 8.49 7.62 9.15 11.37 8.53 8.07 7.28 7.74 9.08 7.86 10.24 9.76 8.56 10.61 16.95% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 10.42 12.34 15.11 11.46 10.98 9.79 10.22 11.92 10.11 13.17 12.42 11.04 13.71 6.85 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 1.76% 2.00% % Tot Ret 12.22% 11.79% T P/E 7.68 8.61 P/E:  6.74 7.17 Count 19 Years of data
-$19.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $65.00
-$32.38 $0.00 $0.00 $0.00 $0.00 $65.00
-$19.73 $0.33 $0.37 $0.41 $0.46 $0.53 $0.61 $0.74 $0.74 $1.21 $66.10
-$32.38 $0.61 $0.74 $0.74 $1.21 $66.10
High Months May 11 Sep 12 Oct 13 Jul 14 Dec 14 Jun 16 Feb 17 Dec 17 Oct 19 Nov 19 Aug 21 Nov 21 Sep 23 Sep
Price High $16.24 $16.25 $24.60 $33.60 $25.37 $31.27 $37.04 $35.98 $56.66 $59.49 $78.94 $83.52 $84.00 $104.47 241.46% <-Total Growth 10 Stock Price
Increase 26.88% 0.06% 51.38% 36.59% -24.49% 23.26% 18.45% -2.86% 57.48% 4.99% 32.69% 5.80% 0.57% 24.37% 13.07% <-IRR #YR-> 10 Stock Price 241.46%
P/E 8.37 6.36 8.45 10.29 6.56 7.37 7.89 7.44 9.47 9.19 9.44 11.06 8.76 9.30 18.48% <-IRR #YR-> 5 Stock Price 133.46%
Trailing P/E 9.61 8.38 9.63 11.55 7.77 8.09 8.73 7.66 11.72 9.94 12.20 9.99 11.13 10.89 8.98 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 9.97 11.13 P/E:  8.98 9.44 12.98 P/E Ratio Historical High
-$24.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $84.00
-$35.98 $0.00 $0.00 $0.00 $0.00 $84.00
Low Months Oct 11 Dec 11 Dec 12 Dec 13 Aug 15 Feb 16 Apr 17 Oct 18 Dec 18 Mar 20 Nov 20 Sep 22 Nov 22 May
Price Low $10.65 $11.96 $14.85 $22.62 $24.25 $23.10 $18.24 $28.78 $29.16 $22.97 $45.35 $46.12 $46.00 $78.83 209.76% <-Total Growth 10 Stock Price
Increase 6.82% 12.30% 24.16% 52.32% 7.21% -4.74% -21.04% 57.79% 1.32% -21.23% 97.43% 1.70% -0.26% 71.37% 11.97% <-IRR #YR-> 10 Stock Price 209.76%
P/E 5.49 4.68 5.10 6.93 6.27 5.44 3.88 5.95 4.87 3.55 5.42 6.11 4.80 7.02 9.83% <-IRR #YR-> 5 Stock Price 59.83%
Trailing P/E 6.30 6.16 5.81 7.77 7.43 5.98 4.30 6.13 6.03 3.84 7.01 5.52 6.09 8.22 5.47 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 6.06 6.03 P/E:  5.43 4.87 4.38 P/E Ratio Historical Low
-$14.85 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $46.00
-$30 <-12 mths -384.16%
Free Cash Flow MS new $668.92 $140.12 $175.44 $163.64 $191.23 $286.89 $252.97 $342.51 $244.73
Free Cash Flow MS $75 $215 -$280 -$66 $223 -$34 $264 -$51 $288 $297 $655 -$47 -$47 83.21% <-Total Growth 10 Free Cash Flow
Change 236.36% 186.67% -230.23% 76.43% 437.88% -115.25% 876.47% -119.32% 664.71% 3.13% 120.54% -107.18% 0.00% -1.62% <-IRR #YR-> 5 Free Cash Flow MS 7.84%
FCF/CF from Op Ratio 6.20 -1.54 1.01 1.16 0.91 1.65 0.96 1.68 0.94 0.91 0.94 -1.57 -1.41 -16.34% <-IRR #YR-> 10 Free Cash Flow MS 83.21%
Dividends paid $0.94 $3.07 $8.00 $12.39 $8.66 $12.75 $14.98 $17.34 $26.18 $24.90 $25.15 $42.43 $41.49 418.82% <-Total Growth 10 Dividends paid
Percentage paid 3.88% -37.51% 5.67% -34.01% 9.09% 8.38% 3.84% -90.27% -88.28% $0.04 <-Median-> 9 Percentage paid
5 Year Coverage 11.58% 12.59% 7.47% 11.91% 13.97% 5 Year Coverage
Dividend Coverage Ratio 25.76 -2.67 17.63 -2.94 11.00 11.93 26.05 -1.11 -1.13 11.00 <-Median-> 9 Dividend Coverage Ratio
5 Year of Coverage 8.63 7.95 13.39 8.40 7.16 5 Year of Coverage
$213 <-12 mths -62.04%
Free Cash Flow WSJ $157.40 $273.68 $145.81 $143.29 $304.97 $228.76 $429.97 $255.88 $561.49 256.74% <-Total Growth 8 Free Cash Flow
Change 73.88% -46.72% -1.73% 112.84% -24.99% 87.96% -40.49% 119.43% 31.41% <-IRR #YR-> 5 Free Cash Flow MS
FCF/CF from Op Ratio 64.53% -1326.63% 53.30% -472.02% 99.11% 70.35% 62.02% 856.23% 1686.39% 17.23% <-IRR #YR-> 8 Free Cash Flow MS
Dividends paid $8.66 $12.75 $14.98 $17.34 $26.18 $24.90 $25.15 $42.43 $41.49 379.21% <-Total Growth 8 Dividends paid
Percentage paid 5.50% 4.66% 10.27% 12.10% 8.58% 10.88% 5.85% 16.58% 7.39% $0.09 <-Median-> 9 Percentage paid
5 Year Coverage 5.50% 4.97% 6.31% 7.46% 7.80% 8.77% 8.66% 9.98% 8.99% 5 Year Coverage
Dividend Coverage Ratio 18.18 21.46 9.74 8.26 11.65 9.19 17.10 6.03 13.53 11.65 <-Median-> 9 Dividend Coverage Ratio
5 Year of Coverage 18.18 20.13 15.85 13.40 12.83 11.40 11.54 10.02 11.12 5 Year of Coverage
Market Cap $375 $496 $779 $1,014 $800 $995 $1,180 $979 $1,837 $1,704 $2,348 $2,131 $3,304 $4,049 $4,049 $4,049 323.92% <-Total Growth 10 Market Cap
Diluted # of Shares in Million 30.203 30.368 30.903 31.295 31.345 31.458 33.189 33.280 33.715 33.885 34.445 35.031 38.014 37.943 23.01% <-Total Growth 10 Diluted
Change 0.68% 0.55% 1.76% 1.27% 0.16% 0.36% 5.50% 0.27% 1.31% 0.51% 1.65% 1.70% 8.51% -0.19% 1.29% <-Median-> 10 Change
Difference Diluted/Basic -0.8% -0.7% -1.2% -1.6% -1.3% -0.9% -0.7% -0.7% -1.1% -0.7% -1.4% -1.0% -0.8% -0.8% -0.93% <-Median-> 10 Difference Diluted/Basic
Basic # of Shares in Millions 29.955 30.150 30.545 30.798 30.934 31.183 32.953 33.053 33.344 33.631 33.947 34.689 37.708 37.647 23.45% <-Total Growth 10 Basic
Change 0.37% 0.65% 1.31% 0.83% 0.44% 0.80% 5.68% 0.30% 0.88% 0.86% 0.94% 2.19% 8.70% -0.16% 0.87% <-Median-> 10 Change
Difference Basic/Outstanding 0.3% 0.8% 0.5% 0.2% 0.5% 5.6% 0.2% 0.2% 0.8% 0.3% 0.4% 8.3% 0.5% 2.0% 0.41% <-Median-> 10 Difference Basic/Outstanding
-$756.16 <-12 mths -2371.08%
# of Share in Millions 30.037 30.380 30.711 30.871 31.077 32.920 33.007 33.108 33.595 33.748 34.071 37.564 37.879 38.382 38.382 38.382 2.12% <-IRR #YR-> 10 Shares 23.34%
Change 0.50% 1.14% 1.09% 0.52% 0.67% 5.93% 0.26% 0.31% 1.47% 0.46% 0.96% 10.25% 0.84% 1.33% 0.00% 0.00% 2.73% <-IRR #YR-> 5 Shares 14.41%
CF fr Op $M $12.1 -$139.3 -$278.3 -$57.1 $243.9 -$20.6 $273.6 -$30.4 $307.7 $325.2 $693.3 $29.9 $33.3 -$756.2 <-12 mths 111.97% <-Total Growth 10 Cash Flow
Increase -78.79% -1252% 99.78% -79.49% -527.47% -108.46% -1426.19% -111.10% -1113.63% 5.68% 113.19% -95.69% 11.41% -2371.08% <-12 mths S. Issues SO
5 year Running Average $37.8 $1.2 -$60.7 -$81.1 -$43.7 -$50.3 $32.3 $81.9 $154.8 $171.1 $313.9 $265.1 $277.9 $65.1 <-12 mths 735.57% <-Total Growth 10 CF 5 Yr Running
CFPS $0.40 -$4.58 -$9.06 -$1.85 $7.85 -$0.63 $8.29 -$0.92 $9.16 $9.64 $20.35 $0.80 $0.88 -$19.70 <-12 mths 109.70% <-Total Growth 10 Cash Flow per Share
Increase -78.90% -1239% 97.63% -79.60% -524.63% -107.98% -1422.72% -111.06% -1098.93% 5.20% 111.17% -96.09% 10.48% -2341.32% <-12 mths #NUM! <-IRR #YR-> 10 Cash Flow 111.97%
5 year Running Average $1.31 $0.06 -$1.97 -$2.64 -$1.45 -$1.65 $0.92 $2.55 $4.75 $5.11 $9.30 $7.80 $8.16 $2.39 <-12 mths #NUM! <-IRR #YR-> 5 Cash Flow 209.68%
P/CF on Med Price 33.40 -3.18 -2.31 -15.86 3.62 -43.54 3.28 -33.42 4.91 4.11 3.32 77.60 75.51 -4.65 <-12 mths #NUM! <-IRR #YR-> 10 Cash Flow per Share 109.70%
P/CF on Closing Price 31.05 -3.56 -2.80 -17.77 3.28 -48.24 4.31 -32.24 5.97 5.24 3.39 71.31 99.24 -5.35 <-12 mths #NUM! <-IRR #YR-> 5 Cash Flow per Share 195.87%
-254.24% Diff M/C #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 515.17%
Excl.Working Capital CF -$494.0 -$1,167.3 -$1,075.7 -$1,162.5 -$896.9 $224.0 -$22.0 $301.0 $29.0 $8.0 -$251.0 $411.0 $564.0 $0.0 <-12 mths 26.21% <-IRR #YR-> 5 CFPS 5 yr Running 220.25%
CF fr Op $M WC -$481.9 -$1,306.6 -$1,353.9 -$1,219.5 -$653.0 $203.4 $251.6 $270.6 $336.7 $333.2 $442.3 $440.9 $597.3 -$756.2 <-12 mths 144.12% <-Total Growth 10 Cash Flow less WC
Increase -900% 171.11% 3.62% -9.93% -46.45% -131.14% 23.71% 7.57% 24.41% -1.05% 32.74% -0.31% 35.48% -226.60% <-12 mths #NUM! <-IRR #YR-> 10 Cash Flow less WC 144.12%
5 year Running Average -$59.3 -$329.7 -$607.4 -$860.3 -$1,003.0 -$865.9 -$554.3 -$229.4 $81.9 $279.1 $326.9 $364.7 $430.1 $211.5 <-12 mths 17.15% <-IRR #YR-> 5 Cash Flow less WC 120.69%
CFPS Excl. WC -$16.04 -$43.01 -$44.09 -$39.50 -$21.01 $6.18 $7.62 $8.17 $10.02 $9.87 $12.98 $11.74 $15.77 -$19.70 <-12 mths #NUM! <-IRR #YR-> 10 CF less WC 5 Yr Run 170.81%
Increase -896% 168.05% 2.51% -10.40% -46.81% -129.40% 23.39% 7.24% 22.60% -1.49% 31.48% -9.58% 34.35% -224.94% <-12 mths #NUM! <-IRR #YR-> 5 CF less WC 5 Yr Run 287.49%
5 year Running Average -$1.92 -$10.87 -$19.92 -$28.13 -$32.73 -$28.29 -$18.16 -$7.71 $2.20 $8.37 $9.73 $10.56 $12.08 $6.13 <-12 mths #NUM! <-IRR #YR-> 10 CFPS - Less WC 135.77%
P/CF on Med Price -0.84 -0.34 -0.47 -0.74 -1.35 4.42 3.57 3.75 4.48 4.01 5.21 5.26 4.21 -4.65 <-12 mths 14.04% <-IRR #YR-> 5 CFPS - Less WC 92.90%
P/CF on Closing Price -0.78 -0.38 -0.58 -0.83 -1.23 4.89 4.69 3.62 5.46 5.12 5.31 4.83 5.53 -5.35 <-12 mths #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 160.62%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 3.47 5 yr  4.91 P/CF Med 10 yr 4.11 5 yr  4.48 -230.31% Diff M/C #NUM! <-IRR #YR-> 5 CFPS 5 yr Running 256.66%
$9.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.88 Cash Flow per Share
$0.92 $0.00 $0.00 $0.00 $0.00 $0.88 Cash Flow per Share
$1.97 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.16 CFPS 5 yr Running
-$2.55 $0.00 $0.00 $0.00 $0.00 $8.16 CFPS 5 yr Running
$1,353.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $597.3 Cash Flow less WC
-$270.6 $0.0 $0.0 $0.0 $0.0 $597.3 Cash Flow less WC
$607.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $430.1 CF less WC 5 Yr Run
$229.4 $0.0 $0.0 $0.0 $0.0 $430.1 CF less WC 5 Yr Run
$44.09 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.77 CFPS - Less WC
-$8.17 $0.00 $0.00 $0.00 $0.00 $15.77 CFPS - Less WC
OPM 46.50% 52.67% 53.59% 52.18% 51.96% 49.42% 44.79% 46.17% 43.62% 44.09% 49.45% 36.08% 43.49% 46.81% -16.65% <-Total Growth 10 OPM
Increase -19.42% 13% 1.75% -2.63% -0.42% -4.89% -9.36% 3.08% -5.54% 1.10% 12.15% -27.04% 20.54% 7.62% Should increase or be stable.
Diff from Median 2.2% 15.8% 17.8% 14.7% 14.2% 8.7% -1.5% 1.5% -4.1% -3.1% 8.7% -20.7% -4.4% 2.9% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 45.48% 5 Yrs 43.62% should be zero, it is a check on calculations
Cash and Investments $10,230.4 $11,577.8 $11,786.8 $12,818.5 $15,467.4 $19,046.4 $20,537.4 $24,889.5 $28,231.4 $30,397.2 $35,927.5 $50,606.5 $52,280.8 $53,286.8 238.01% <-Total Growth 10 Cash and Investments
Change 13.17% 1.80% 8.75% 20.67% 23.14% 7.83% 21.19% 13.43% 7.67% 18.19% 40.86% 3.31% 1.92% 15.81% <-Median-> 10 Change
Debt/Investments Ratio 1.16 0.94 0.83 0.92 0.93 0.92 0.91 0.92 0.93 0.94 0.90 0.91 0.89 0.90 92.02% <-Median-> 10 Debt/Investments Ratio
Long Term Debt $11,844.7 $10,913.4 $9,728.8 $11,844.7 $14,320.7 $17,525.71 $18,679.9 $22,904.6 $26,149.2 $28,577.0 $32,231.4 $46,075.4 $46,497.6 $48,178.8 224.69% <-Total Growth 10 Long Term Debt Securitization
Change -7.86% -10.85% 21.75% 20.90% 22.38% 6.59% 22.62% 14.17% 9.28% 12.79% 42.95% 0.92% 3.62% 17.53% <-Median-> 10 Change Liab.
Debt/Market Cap Ratio 31.55 22.00 12.48 11.69 17.90 17.61 15.83 23.40 14.24 16.77 13.73 21.62 14.07 11.90 16.30 <-Median-> 10 % of Market C.
Assets/Current Liabilities Ratio 281.96 249.87 178.83 167.35 155.91 109.65 140.30 205.47 174.43 237.45 144.34 157.98 117.82 101.45 156.94 <-Median-> 10 Assets/Current Liab Ratio
Debt to Cash Flow (Years) 979.39 0.00 0.00 0.00 58.72 0.00 68.28 0.00 84.98 87.88 46.49 1541.76 1396.53 0.00 63.50 <-Median-> 10 Debt to Cash Flow (Years)
Start
Goodwill & Intangibles $11.7 $18.8 $19.0 $25.9 $17.5 $17.8 $17.8 $16.9 $57.6 $57.6 $106.0 393.57% <-Total Growth 9 Goodwill See other
Change 61.42% 0.86% 36.30% -32.35% 1.34% 0.00% -4.56% 239.91% 0.00% 83.97% 0.86% <-Median-> 9 Change Assets
Intangible/Market Cap Ratio 0.01 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.03 0.02 0.03 0.02 <-Median-> 10 % of Market C.
Current Assets $254.00 $443.05 $331.02 $297.75 $531.35 $692.06 $1,034.97 $804.34 $971.85 $1,061.78 $1,235.42 $1,232.76 $1,316.67 $1,413.80 Liquidity ratio of 1.5 and up, best
Current Liabilities $36.38 $46.43 $66.08 $76.81 $109.99 $173.03 $147.08 $121.85 $162.78 $129.49 $250.51 $323.75 $449.28 $532.99 4.88 <-Median-> 10 Ratio
Liquidity Ratio 6.98 9.54 5.01 3.88 4.83 4.00 7.04 6.60 5.97 8.20 4.93 3.81 2.93 2.65 4.93 <-Median-> 5 Ratio
Liq. with CF aft div 7.14 8.20 4.41 3.42 6.94 3.71 8.79 5.78 7.73 10.52 7.60 3.76 2.91 2.36 7.60 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  7.14 8.20 4.41 3.42 5.88 3.71 8.79 2.95 3.01 3.58 2.69 1.15 2.91 2.36 2.91 <-Median-> 5 Ratio
Assets $10,257 $11,601 $11,816 $12,855 $17,148 $18,974 $20,634 $25,037 $28,392 $30,746 $36,159 $51,145 $52,933 $54,070 Debt Ratio of 1.5 and up, best
Liabilities $9,830 $11,100 $11,228 $12,151 $16,304 $17,996 $19,496 $23,757 $26,925 $29,099 $34,206 $48,610 $50,088 $50,824 1.06 <-Median-> 10 Ratio
Debt Ratio 1.04 1.05 1.05 1.06 1.05 1.05 1.06 1.05 1.05 1.06 1.06 1.05 1.06 1.06 1.06 <-Median-> 5 Ratio
Estimates BVPS $79.56 $88.03 $99.07 Estimates Estimates BVPS
Estimate Book Value $3,053.7 $3,378.8 $3,802.5 Estimates Estimate Book Value
P/B Ratio (Close) 1.33 1.20 1.06 Estimates P/B Ratio (Close)
Difference from 10 year median 34.04% Diff M/C Estimates Difference from 10 yr med.
Book Value $426.64 $501.57 $588.32 $703.69 $843.92 $977.15 $1,138.12 $1,280.03 $1,467.71 $1,647.70 $1,952.63 $2,534.96 $2,845.54 $3,245.48 383.67% <-Total Growth 10 Book Value
Preferred Shares $48.49 $48.49 $48.49 $72.41 $72.41 $72.56 $72.56 $72.56 $72.56 $72.48 $70.61 $181.41 $181.41 $181.41
Net Book Value $378.15 $453.08 $539.82 $631.28 $771.51 $904.59 $1,065.56 $1,207.47 $1,395.16 $1,575.23 $1,882.03 $2,353.54 $2,664.13 $3,064.07 $3,064.07 $3,064.07 393.52% <-Total Growth 10 Book Value
Book Value per share $12.59 $14.91 $17.58 $20.45 $24.83 $27.48 $32.28 $36.47 $41.53 $46.68 $55.24 $62.65 $70.33 $79.83 $79.83 $79.83 300.12% <-Total Growth 10 Book Value per Share
Change 0.35% 18.46% 17.86% 16.34% 21.40% 10.69% 17.49% 12.97% 13.87% 12.39% 18.35% 13.42% 12.25% 13.50% 0.00% 0.00% 33.59% P/B Ratio Current/10 Year Median
P/B Ratio (Median) 1.07 0.98 1.19 1.43 1.14 0.99 0.84 0.84 1.08 0.85 1.22 0.99 0.94 1.15 0.00 0.00 1.07 P/B Ratio Historical Median
P/B Ratio (Close) 0.99 1.09 1.44 1.61 1.04 1.10 1.11 0.81 1.32 1.08 1.25 0.91 1.24 1.32 1.32 1.32 14.87% <-IRR #YR-> 10 Book Value 300.12%
Change -0.31% 10.25% 31.91% 11.21% -35.40% 6.06% 0.66% -26.81% 62.44% -17.82% 15.30% -27.42% 36.98% 6.54% 0.00% 0.00% 14.04% <-IRR #YR-> 5 Book Value 92.85%
Leverage (A/BK) 24.04 23.13 20.09 18.27 20.32 19.42 18.13 19.56 19.34 18.66 18.52 20.18 18.60 16.66 19.00 <-Median-> 10 A/BV
Debt/Equity Ratio 23.04 22.13 19.09 17.27 19.32 18.42 17.13 18.56 18.34 17.66 17.52 19.18 17.60 15.66 18.00 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 0.99 5 yr Med 0.99 33.59% Diff M/C 18.52 Historical Leverage (A/BK)
-$17.58 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $70.33
-$36.47 $0.00 $0.00 $0.00 $0.00 $70.33
$387.64 <-12 mths 6.75%
Comprehensive Income $53.07 $81.67 $95.48 $104.85 $105.40 $145.62 $178.38 $154.51 $202.81 $203.44 $323.90 $287.47 $348.95 265.47% <-Total Growth 10 Comprehensive Income
Increase -8.18% 53.90% 16.91% 9.82% 0.52% 38.17% 22.50% -13.38% 31.26% 0.31% 59.21% -11.25% 21.39% 21.39% <-Median-> 5 Comprehensive Income
5 Yr Running Average $47 $57 $71 $79 $88 $107 $126 $138 $157 $177 $213 $234 $273 13.84% <-IRR #YR-> 10 Comprehensive Income 265.47%
ROE 12.4% 16.3% 16.2% 14.9% 12.5% 14.9% 15.7% 12.1% 13.8% 12.3% 16.6% 11.3% 12.3% 17.70% <-IRR #YR-> 5 Comprehensive Income 125.84%
5Yr Median 13.6% 16.2% 14.9% 14.9% 14.9% 14.9% 14.9% 13.8% 13.8% 13.8% 12.3% 12.3% 14.42% <-IRR #YR-> 10 5 Yr Running Average 284.70%
% Difference from NI -14.7% 0.6% 2.1% -1.7% -16.3% 5.3% 29.0% -3.9% 0.5% -7.2% 12.4% 8.6% -4.3% 14.69% <-IRR #YR-> 5 5 Yr Running Average 98.41%
Median Values Diff 5, 10 yr -0.6% 0.5% 12.3% <-Median-> 5 Return on Equity
-$95.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $349.0
-$154.5 $0.0 $0.0 $0.0 $0.0 $349.0
-$71.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $273.3
-$137.8 $0.0 $0.0 $0.0 $0.0 $273.3
Current Liability Coverage Ratio -13.25 -28.14 -20.49 -15.88 -5.94 1.18 1.71 2.22 2.07 2.57 1.77 1.36 1.33 -1.42   CFO / Current Liabilities
5 year Median 0.94 0.83 -13.25 -15.88 -15.88 -15.88 -5.94 1.18 1.71 2.07 2.07 2.07 1.77 1.36 1.77 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio -4.70% -11.26% -11.46% -9.49% -3.81% 1.07% 1.22% 1.08% 1.19% 1.08% 1.22% 0.86% 1.13% -1.40% CFO / Total Assets
5 year Median 1.18% 0.84% -4.70% -9.49% -9.49% -9.49% -3.81% 1.07% 1.08% 1.08% 1.19% 1.08% 1.13% 1.08% 1.1% <-Median-> 5 Return on Assets 
Return on Assets ROA 0.61% 0.70% 0.79% 0.83% 0.73% 0.73% 0.67% 0.64% 0.71% 0.71% 0.80% 0.52% 0.69% 1.10% Net  Income/Assets Return on Assets
5Yr Median 0.94% 0.94% 0.79% 0.79% 0.73% 0.73% 0.73% 0.73% 0.71% 0.71% 0.71% 0.71% 0.71% 0.71% 0.7% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 14.58% 16.19% 15.90% 15.17% 14.91% 14.16% 12.15% 12.57% 13.75% 13.31% 14.76% 10.44% 12.81% 18.30% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 14.58% 14.58% 14.58% 15.17% 15.17% 15.17% 14.91% 14.16% 13.75% 13.31% 13.31% 13.31% 13.31% 13.31% 13.3% <-Median-> 5 Return on Equity
$409.74 <-12 mths 12.38%
Net Income $165.63 $206.48 $223.80 $292.53 $270.18 $371.59
Dividernds to Preferred Shares $4.76 $4.69 $4.48 $4.41 $5.57 $7.00
Net Income $62.20 $81.20 $93.53 $106.72 $125.87 $138.33 $138.33 $160.86 $201.79 $219.33 $288.12 $264.62 $364.59 $594 $626.2 $699.6 289.81% <-Total Growth 10 Net Income
Increase 14.62% 30.55% 15.18% 14.10% 17.94% 9.90% 0.00% 16.29% 25.44% 8.69% 31.36% -8.16% 37.78% 62.92% 5.42% 11.72% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $47.5 $57.5 $68.5 $79.6 $93.9 $109.1 $120.6 $134.0 $153.0 $171.7 $201.7 $226.9 $267.7 $346.1 $427.5 $509.8 14.57% <-IRR #YR-> 10 Net Income
Operating Cash Flow $12.09 -$139.28 -$278.25 -$57.06 $243.90 -$20.63 $273.59 -$30.36 $307.70 $325.18 $693.26 $29.89 $33.30 17.78% <-IRR #YR-> 5 Net Income
Investment Cash Flow $12.04 $290.15 $189.38 $44.73 -$19.80 $6.75 $26.17 -$133.01 -$255.41 -$251.04 -$458.25 -$733.77 $62.63 14.60% <-IRR #YR-> 10 5 Yr Running Average
Total Accruals $38.06 -$69.67 $182.40 $119.04 -$98.24 $152.21 -$161.44 $324.22 $149.50 $145.18 $53.10 $968.50 $268.67 14.84% <-IRR #YR-> 5 5 Yr Running Average
Total Assets $10,257 $11,601 $11,816 $12,855 $17,148 $18,974 $20,634 $25,037 $28,392 $30,746 $36,159 $51,145 $52,933 Balance Sheet Assets
Accruals Ratio 0.37% -0.60% 1.54% 0.93% -0.57% 0.80% -0.78% 1.29% 0.53% 0.47% 0.15% 1.89% 0.51% 0.51% <-Median-> 5 Ratio
EPS/CF Ratio -0.12 -0.06 -0.07 -0.08 -0.18 0.69 0.62 0.59 0.60 0.66 0.64 0.64 0.61 0.61 <-Median-> 10 EPS/CF Ratio
-$93.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $364.6
-$160.9 $0.0 $0.0 $0.0 $0.0 $364.6
-$68.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $267.7
-$134.0 $0.0 $0.0 $0.0 $0.0 $267.7
Change in Close 0.04% 30.60% 55.47% 29.37% -21.58% 17.40% 18.26% -17.31% 84.96% -7.64% 36.46% -17.68% 53.76% 20.93% 0.00% 0.00% Count 21 Years of data
up/down down Count 8 38.10%
Meet Prediction? % right Count 4 50.00%
Financial Cash Flow -$8.54 $57.73 -$46.93 -$1.26 -$30.80 $34.69 -$83.01 -$20.33 -$20.05 -$25.25 -$19.50 $458.74 -$41.56 C F Statement  Financial Cash Flow
Total Accruals $46.60 -$127.40 $229.33 $120.30 -$67.44 $117.52 -$78.42 $344.55 $169.55 $170.44 $72.61 $509.76 $310.22 Accruals
Accruals Ratio 0.45% -1.10% 1.94% 0.94% -0.39% 0.62% -0.38% 1.38% 0.60% 0.55% 0.20% 1.00% 0.59% 0.59% <-Median-> 5 Ratio
Cash $170.85 $379.45 $243.65 $230.06 $423.37 $444.18 $660.93 $479.24 $508.85 $557.74 $773.25 $495.11 $549.47 $509.61 Cash
Cash per Share $5.69 $12.49 $7.93 $7.45 $13.62 $13.49 $20.02 $14.48 $15.15 $16.53 $22.70 $13.18 $14.51 $13.28 $15.15 <-Median-> 5 Cash per Share
Percentage of Stock Price 45.50% 76.51% 31.26% 22.70% 52.91% 44.63% 56.01% 48.97% 27.70% 32.73% 32.93% 23.23% 16.63% 12.59% 27.70% <-Median-> 5 % of Stock Price
Notes:
October 1, 2024.  Last estimates were for 2023, 2024, 2025 of $982M, $1110M, $1254M Revenue, $10.75, $12.08, $14.10 AEPS, 
$10.20, $12.50, $14.10 EPS, $1.51, $1.81, $2.06 Dividend, $71.50, $81.70, $93.20 BVPS, $389M, $473M, $549M Net Income.
January 1, 2023 EQB changed their year-end reporting dated to October 31, from December 31.
October 7, 2023.  Last estimates were for 2022, 2023 and 2024 of $712M, $867M and $960 for Revenue, $8.30, $9.43 and $11.15 for EPS, 
$1.21, $1.46 and $1.81 for dividends, $63.40, $72.50 and $79.50 for BVPS, $301, $357 and $427 for Net Income.
October 8, 2022.  Last estimates were for 2021 and 2022 of $577M and $649M for Net Int Inc., $8.05, $8.60 for EPS (after split), 
$0.77 and $1.08 Div (After Split) and $280M and $300M for Net Income.
June 6, 2022.  The company Changed it name from Equitable Group Inc to EQB Inc.
October 3, 2021.  Last estimates were for 2020, 2021 and 2022 of 493M, $531M and $543M for Net Interest Income, 
$10.80m $13.30 and $13.50 for EPS, $1.48, $1.61 and $2.10 for dividends, $185M, $222M and $233M for Net Income.
October 11, 2020.  Last estimates were for 2019, 2020 and 2021 of $463M, $518M and $565M for Net Int Inc., $11.80, $13.30 and $14.50 for EPS, and $199M, $223M and $243M for Net Income.
October 12, 2019.  Last estimates were for 2018, 2019 and 2020 of $344M, $383M and $416M for Revenue, $9.65, $10.70 and $11.40 for EPS and $162M, $179M and $190M for Net Income.
October 20, 2018.  Last estimates were for 2017, 2018 and 2019 of $311M, $335M and $373M for Net Interest Income, $9.07, $9.40 and $10.50 for EPS, $152M, $157M and $175M for Net Income.
October 22, 2017.  Last estimates were for 273M, $308M and $342M for Net Income Income, $8.07, $9.02 and $9.68 for EPS and $127M, $142M and $153M for Net Income.
October 25, 2016.  Last estimates were for 2015, 2016 and 2017 of $241, $269 and $303 for Net Interest Income, $7.52, $8.01 and $8.88 for EPS and $117, $125 and $139 for Net Income.
November 25, 2015.  Last estimates were for 2014, 2015 and 2016 of $205M, $230M and $261M for Net Income, $6.54, $7.38 and $8.50 for EPS, $103M, $115M and $133M for Net Income.
October 20, 2014.  Last estimates were for 2013, 2014 and 2015 of $172.5M, $194.4M and $222.0M for Net Interest Income and $5.60, $6.17 and $7.13 for EPS
Aug 29, 2013.  Symbol Change from ETC to EQB for this stock effective September 3, 2013.
2013.  The change to the ticker symbol follows the conversion of Equitable's wholly owned subsidiary, The Equitable Trust Company, 
to a Schedule I Bank called Equitable Bank in English and Banque Équitable in French effective July 1st, 2013.
2004.  Company went publis in 2004 (March).
1970. Equitable Bank is a wholly owned subsidiary of Equitable Group. It was founded in 1970 as The Equitable Trust Company.
Sector:
Financial Service, Financials
Would I buy this company and Why.
If I was looking for an financial services stock, I would consider this stock.  It is an unusal bank and it is a dividend growth stock. 
Why am I following this stock. 
I had read a glowing report on investing on this company in 2013, so I decided to check it out.  It was interesting as it was loaning money to new immigrants, a class of people who generally have a 
difficult time getting loans and mortgages from our regular banks.  It sounded intriguing.
Dividends
Cycle 1,  where payment is in January, April, September and December.  Dividends are declared in one month for the shareholders of record and paid in the following month.  
For example, the dividend declared for shareholders of record of June 13, 2014 was payable on July 3, 2014.
How they make their money.
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger Bank. It serves Canadians through two business lines, Personal Banking and Business 
Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance 
lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield (dividends and erarnings) and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date 2016 Oct 22 2017 Oct 20 2018 Oct 13 2019 Oct 11 2020 Oct 3 2021 Oct 8 2022 Oct 7 2023 Oct 1 2024
Moor, Andrew 0.00% 0.141 0.43% 0.151 0.46% 0.178 0.53% 0.209 0.62% 0.228 0.67% 0.874 2.33% 0.521 1.38% 0.534 1.39% 2.40%
CEO - Shares - Amount $0.000 $5.041 $4.453 $9.732 $10.573 $15.684 $49.579 $45.477 $56.316
Options - percentage 0.00% 0.272 0.82% 0.301 0.91% 0.290 0.86% 0.275 0.81% 0.234 0.69% 0.461 1.23% 0.374 0.99% 0.537 1.40% 43.52%
Options - amount $0.000 $9.715 $8.892 $15.869 $13.880 $16.091 $26.165 $32.626 $56.625
Westlake, Chadwick 0.000 0.00% 0.001 0.00% 0.001 0.00% 0.001 0.00% 10.56%
CFO - Shares - Amount $0.021 $0.039 $0.077 $0.103
Options - percentage 0.017 0.05% 0.050 0.13% 0.053 0.14% 0.099 0.26% 88.25%
Options - amount $1.168 $2.855 $4.601 $10.475
Lorimer, Darren left in August 2020
Officer - Shares - Amount
Options - percentage
Options - amount
Broten, Dan 0.001 0.00% 0.003 0.01% 0.003 0.01% 0.004 0.01% 13.47%
Sub Exe  - Shares - Amount $0.082 $0.143 $0.288 $0.395
Options - percentage 0.005 0.01% 0.015 0.04% 0.022 0.06% 0.049 0.13% 120.21%
Options - amount $0.322 $0.860 $1.948 $5.188
Poddar, Mahima 0.002 0.01% 0.002 0.01% 0.004 0.01% 0.008 0.02% 0.009 0.02% Filed Sep 2023 14.30%
Sub Exe  - Shares - Amount $0.090 $0.130 $0.225 $0.683 $0.944
Options - percentage 0.009 0.03% 0.028 0.08% 0.071 0.19% 0.079 0.21% 0.165 0.43% 107.75%
Options - amount $0.477 $1.963 $4.036 $6.915 $17.373
Lorimer, Darren 0.007 0.02% 0.007 0.02% 2.07%
Sub Exe  - Shares - Amount $0.632 $0.780
Options - percentage 0.054 0.14% 0.095 0.25% 77.06%
Options - amount $4.686 $10.034
Dickinson, Daniel Lee 0.001 0.00% 0.001 0.00% 0.001 0.00% Ceased insider Jun 2021
Subl. Exe  - Shares - Amount $0.015 $0.036 $0.039
Options - percentage 0.019 0.06% 0.021 0.06% 0.017 0.05%
Options - amount $0.550 $1.146 $0.859
Braude, Aviva 0.00% 0.002 0.01% 0.002 0.01% 0.002 0.01% 0.002 0.01% 0.002 0.01% Last report Jan 2021
Subl. Exe  - Shares - Amount $0.000 $0.074 $0.053 $0.109 $0.110 $0.163 Ceased insider June 2022
Options - percentage 0.00% 0.005 0.02% 0.010 0.03% 0.011 0.03% 0.019 0.06% 0.010 0.03%
Options - amount $0.000 $0.187 $0.286 $0.579 $0.969 $0.683
Cole, Michelle Lynn
Officer - Shares - Amount
Options - percentage
Options - amount
Downie, David
Officer - Shares - Amount
Options - percentage
Options - amount
Emory, Michael R. 0.002 0.00% 0.002 0.00% 0.003 0.01% 0.006 0.02% 0.006 0.02% 0.00%
Director - Shares - Amount $0.081 $0.110 $0.182 $0.558 $0.675
Options - percentage 0.004 0.01% 0.005 0.01% 0.011 0.03% 0.013 0.03% 0.014 0.04% 7.33%
Options - amount $0.200 $0.340 $0.613 $1.135 $1.474
Ericksen, Susan 0.004 0.01% 0.003 0.01% 0.003 0.01% 0.00%
Director - Shares - Amount $0.204 $0.218 $0.264
Options - percentage 0.008 0.02% 0.009 0.02% 0.010 0.03% 10.99%
Options - amount $0.462 $0.807 $1.083
Kapoor, Kishore 0.006 0.02% 0.006 0.02% 0.006 0.01% was Chair in 2023 0.00%
Director - Shares - Amount $0.323 $0.497 $0.601 Director in 2024
Options - percentage 0.012 0.03% 0.013 0.03% 0.014 0.04% 8.93%
Options - amount $0.662 $1.123 $1.479
Sera, Maria Vincenza 0.005 0.01% 0.005 0.01% 3.30%
Chairman - Shares - Amt $0.449 $0.562
Options - percentage 0.027 0.07% 0.016 0.04% -39.98%
Options - amount $2.318 $1.682
LeGresley, David Malcolm Balfour 0.00% 0.016 0.05% 0.018 0.05% 0.018 0.05% 0.018 0.05% 0.017 0.05% 0.038 0.10%
Chairman - Shares - Amt $0.000 $0.576 $0.532 $0.984 $0.909 $1.137 $2.156
Options - percentage 0.00% 0.006 0.02% 0.008 0.02% 0.012 0.04% 0.013 0.04% 0.016 0.05% 0.042 0.11%
Options - amount $0.000 $0.231 $0.240 $0.669 $0.649 $1.095 $2.366
Increase in O/S Shares 0.33% 0.112 0.34% 0.043 0.13% 0.051 0.15% 0.220 0.66% 0.076 0.23% 0.323 0.95% 0.119 0.32% 0.228 0.60%
due to SO $2.659 $3.384 $1.548 $1.495 $12.048 $3.862 $22.235 $6.749 $19.879
Book Value $2.473 $2.877 $1.726 $1.780 $10.825 $4.122 $10.056 $4.198 $7.362
Insider Buying -$0.299 -$0.326 -$1.365 -$0.269 -$0.194 -$0.104 -$0.670 -$2.668 -$0.388
Insider Selling $2.516 $1.902 $1.066 $13.002 $14.300 $8.173 $1.692 $6.228 $19.247
Net Insider Selling $2.217 $1.576 -$0.299 $12.733 $14.106 $8.069 $1.022 $3.559 $18.859
% of Market Cap 0.22% 0.13% -0.03% 0.69% 0.83% 0.34% 0.05% 0.11% 0.47%
Directors 10 9 10 10 10 10 10 10
Women 30% 3 30% 2 22% 3 30% 3 30% 5 50% 4 40% 4 40% 4 40%
Minorities 0% 1 10% 1 11% 1 10% 1 10% 2 20% 2 20% 3 30% 2 20%
Institutions/Holdings 48.31% 44 39.13% 53 37.50% 44.37% 20 19.66% 20 31.21% 20 14.86% 20 15.69%
Total Shares Held 22.84% 6.448 19.53% 6.207 18.75% 7.400 22.03% 3.278 9.71% 5.297 15.55% 5.606 14.80% 6.024 15.69%
Increase/Decrease 0.51% -0.037 -0.57% 0.033 0.53% 0.040 0.54% -0.067 -1.99% 0.144 2.80% 0.328 6.21% -0.527 -8.05%
Starting No. of Shares 6.485 6.174 7.360 Guru Focus 3.345 Top 20 MS 5.153 Top 20 MS 5.279 Top 20 MS 6.551 Top 20 MS
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