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Bullboard - Stock Discussion Forum Timbercreek Financial Corp T.TF.DB.E


Primary Symbol: T.TF Alternate Symbol(s):  T.TF.DB.D | T.TF.DB.F | TBCRF

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as alternative asset class investment manager. The investment objective of the Company is to secure and... see more

TSX:TF - Post Discussion

Timbercreek Financial Corp > Timbercreek Financial Corp. had an incredible Q1!
View:
Post by JasleenDhaka on May 24, 2023 6:56pm

Timbercreek Financial Corp. had an incredible Q1!

They shattered records with a 44% YoY increase in revenue and a whopping 40% YoY growth in EPS.

 

The driving force behind their revenue growth was higher lending rates, which jumped from 6.6% in Q1-2022 to 9.7% in Q1-2023. With over 90% of their mortgages being floating rates, this surge played a significant role.

 

However, looking ahead, we expect rates to start declining in H2-2023 due to rising financial instability and cooling inflation.

 

Read the free analyst report: https://www.researchfrc.com/289096-2/

 

*FRC provides issuer-paid coverage.

*Past performance is not indicative of future results.

Comment by Mmb060 on Jun 01, 2023 8:24pm
Didnt LTV increase ?   Good part rent is increasing so value is still there.  (.lots of loans to appartment buildings )
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