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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Comment by YassineNoBSon Apr 12, 2020 3:46pm
67 Views
Post# 30901036

RE:RE:RE:RE:Share Buy Backs Have started

RE:RE:RE:RE:Share Buy Backs Have startedIt would of been nice if they continued buying at fire   sale prices below $15 but I think the government didn't want to look bad in the eyes of the public by offering to back the banks up while they are buying back their shares or increasing dividends to shareholders. In clear the government said we've got your back if and when needed but don't make us look bad by acting like American banks in the financial crisis handing out bonuses and stock options..
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