EQB calls on familiar face to take over at a critical juncture

Eli Rodney
July 10, 2025
EQB Inc.+1 more

Just a few months after taking the CFO job at OpenText (OTEX), Chadwick Westlake has returned to take over the reins at EQB Inc. (EQB) - after spending five years in the CFO seat previously.

He’ll have the tall task of leading through a challenging macro backdrop that’s driven a slowdown in on-balance sheet loan growth, higher impaired loans…

… and a weaker forward outlook.

I’m optimistic about being able to grow at a good sort of double-digit basis, but I do think that’s going to be a challenge over the next 6 to 12 months.

Andrew Moor - EQB Q2’25 call

His ability to do so will be reflected in EQB’s valuation relative to its larger banking peers, which has started to open up again after two years of tight trading.

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Disclaimer: Bullpen Finance Inc. is not a registered investment advisor. The information provided is for educational purposes only and should not be considered investment advice. See our terms of service for more information.

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