Pros
Compensation (relative to workload) was above industry peers before the layoff and budget cut.
Cons
Investment in technology and AI is not as well managed and funded compared to larger Canadian banks, despite the branding of a tech-driven digital bank. Lots of “internal practices” based on opinions of the selective few, justified by a motto of “for the size of our bank”. What worked well for the bank during the pandemic (residential mortgages) is facing challenges in today’s market, due to the economic uncertainty, it is questionable how much can be converted into new revenues for the PC Financial acquisition (mainly for access to the credit card portfolio and customer base). What drove other Canadian banks for the strong performance in 2025 and 2026 is the Capital Markets and Wealth Management, where EQB lacks.