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Home Capital Group Inc 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

Post by HermannHalleron Jul 19, 2022 3:37pm
175 Views
Post# 34835325

Recession analysis

Recession analysisAccording to TD, in a 'severe recession' HCG still makes $3.86 EPS next year. That's the worst case scenario they model, they don't expect a severe recession. The analyst forecast is for $6.12 EPS.

Comforting to know that the company would still be profitable, obviously growing book value, and able to pay a big dividend under those conditions.
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