EQ Bank Earnings Crash: Can New CEO Turn the Tide for EQB?

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If you've been watching EQB stock, you'll know that after their latest earnings report yesterday, the stock took a significant hit, dropping over 10% in a single day. That's a pretty substantial move, especially when other Canadian banks reported strong numbers and they were rocketing up! So, what exactly happened?

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Timestamp:

00:00 - Intro
00:24 - Revenue and margin miss
02:53 - Positive aspects of EQB stock earnings
03:38 - New CEO statement
05:38 - My take and what I would do