Financial Stress Continues to Rise for Businesses Across Key Industries [Financial Post (Toronto, Ontario, Canada)]
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: Financial Post
– Economic Uncertainty and Recent Natural Disasters C ould F urther I mpact Credit P erformance for Businesses – Equifax Canada Market Pulse — Q2 2024 Quarterly Business Credit Trends Report TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Equifax Canada's Q2 Business Credit Trends Report reveals an uptick in businesses missing credit payments. According to the data, over 56,000 businesses missed at least one financial trade in Q2 2024, up 10.2 per cent from the same period in 2023. At a trade level, the 60+ day (volume) financial trade delinquency rate went up from 2.8 per cent to 3.1 per cent in the last 12 months, driven largely by installment loans. Businesses that rushed to take installment loans to pay off their CEBA loans before the deadline, coupled with elevated interest rates, may be contributing to this rise in loan arrears. The delinquency rate for industrial trades saw a similar rise from 5.1 per cent in Q2 2023 to 5.7 per cent in Q2 2024. Data also indicates that
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News
- Equifax CEO Mark W. Begor to Continue Company Leadership Beyond 2025 [Yahoo! Finance]Yahoo! Finance
- Equifax CEO Mark W. Begor to Continue Company Leadership Beyond 2025PR Newswire
- Equifax Board of Directors Declares Quarterly DividendPR Newswire
- Equifax (NYSE:EFX) Has A Pretty Healthy Balance Sheet [Yahoo! Finance]Yahoo! Finance
- BDC, Equifax launch Small Business Health Index to take pulse of Canada's SMEs [Financial Post (Toronto, Ontario, Canada)]Financial Post
EFX
Earnings
- 10/16/24 - Beat
EFX
Sec Filings
- 11/8/24 - Form 8-K
- 10/29/24 - Form 4
- 10/29/24 - Form 4
- EFX's page on the SEC website