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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 Northforce13on Aug 07, 2020 5:19pm
126 Views
Post# 31381188

RE:TIME TO TAKE SOME OFF THE TABLE

RE:TIME TO TAKE SOME OFF THE TABLEDepends what you mean by big, but all the banks are going to trend up aggressively for a while.

Unless you mean some type of single digit % day trading thing.

Up up and away for the financial sector.

Virus in the U.S. has also turned the corner and is going to decline steadily, which is bullish for the financial sector both sides of the border.

I don't think they will do a dividend, they will buyback shares, like they did last time.

Turtle Creek runs the show.  Smart people.

GLTA
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