When was Equitable Bank founded?

Equitable Bank was founded in 1970.

Where is Equitable Bank located?

Equitable Bank is headquartered in Toronto, Canada.

How many employees does Equitable Bank have?

As of May 31, 2026, the latest employee count at Equitable Bank is 1831.

Is Equitable Bank a funded company?

Equitable Bank is a funded company, having raised a total of $150M across 6 funding rounds to date. The company's 1st funding round was a $***** Venture Debt round.

When was the latest funding round of Equitable Bank?

Equitable Bank's latest funding was a $***** Conventional Debt round on Sep 26, 2019, with participation from 0 investor.

Where does Equitable Bank rank among its competitors?

Equitable Bank ranks 9th amongst 116 active competitors, none of which are funded.

Who are the top competitors of Equitable Bank?

Equitable Bank's top competitors include BMO, Bank of America and Royal Bank of Canada. Among them, National Bank of Canada secured the most recent funding round in May, 2025.

Equitable Bank - 2026 Company Profile, Team, Funding & Competitors

Equitable Bank is a late stage company based in Toronto (Canada), founded in 1970. It operates as a Commercial bank. Equitable Bank has raised $150M in funding. The company has 116 active competitors, including 18 that have exited. Its top competitors include companies like BMO, Bank of America and Royal Bank of Canada.

Company Details

Website: www.equitablebank.ca/
Email ID: *****@eqbank.ca
Phone Number: +1 **********

Key Metrics

Founded Year

1970

Location

Toronto, Canada

Stage

Late Stage

Total Funding

$150M in 6 rounds

Latest Funding Round

Conventional Debt, Sep 26, 2019, $*****

Investors

National Bank of Canada & 9 more

Ranked

9^th among 116 active competitors

Employee Count

1,831 as on May 31, 2026

Investment & Acquisitions

ACM Advisors & 6 more

Similar Companies

Standard Chartered & 20420 more

View Equitable Bank's full profile

Equitable Bank has raised a total funding of $150M over 6 rounds. Equitable Bank has 10 institutional investors.

Here is the list of recent funding rounds of Equitable Bank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 26, 2019	6210740	Conventional Debt	2535136	4691545	3176506	5682158
Jun 19, 2019	4404086	Conventional Debt	9746688	4031913	3046091	TD Bank & 4 more
Apr 16, 2019	6682379	Conventional Debt	1717595	5235362	2614532	8786189

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View details of Equitable Bank's funding rounds and investors

Equitable Bank's employee count trend

Equitable Bank has 1,831 employees as of May 26. Here is Equitable Bank's employee count trend over the years:

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Top competitors of Equitable Bank include BMO, Bank of America and Royal Bank of Canada. Here is the list of Top 10 competitors of Equitable Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BMO 1817, Toronto (Canada), Public	Commercial bank	-	PSP Investments, Hoopp & 7 others	77/100
2nd	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	76/100
3rd	Royal Bank of Canada 1864, Toronto (Canada), Public	Commercial bank	-	-	73/100
4th	National Bank of Canada 1859, Montreal (Canada), Public	Commercial bank	-	-	73/100
5th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
6th	Canadian Imperial Bank of Commerce 1867, Toronto (Canada), Public	Commercial bank	-	-	69/100
7th	ATB Financial 1938, Edmonton (Canada), Acquired	Special purpose bank-community	-	-	67/100
8th	TD Bank 1854, Mount Laurel Township (United States), Acquired	Investment holding company offering financial services	-	Black Mountain Investment Group	67/100
9th	Equitable Bank 1970, Toronto (Canada), Late Stage	Commercial bank	$150M	National Bank of Canada, TD Bank & 8 others	64/100
10th	RBC Royal Bank 1864, Halifax (Canada), Late Stage	Commercial bank	-	PSP Investments	60/100

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Equitable Bank has made 4 investments in companies including Borrowell and Borrowell. Equitable Bank has also acquired 3 companies including ACM Advisors and Concentra Bank.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 03, 2023	Acquisition	ACM Advisors	1993	Vancouver (Canada)
Feb 07, 2022	Acquisition	Concentra Bank	2005	Saskatoon (Canada)
Feb 07, 2022	Acquisition	Wyth	2019	Saskatoon (Canada)