EQB sells equipment lessor Bennington Financial to Desjardins

Equitable Bank, held by EQB Inc., agreed to sell Bennington Financial Corp., a broker-driven Canadian commercial equipment leasing and financing provider, to Desjardins Group. Bennington's portfolio included about $1.1 billion in lease receivables as of July 31, 2026. Terms were not disclosed.

Why it matters: EQB is concentrating capital on core growth priorities after its PC Financial transaction.