Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Builders Capital Mortgage Corp V.BCF

Financial Services
Builders Capital Mortgage Corp. is a Canada-based mortgage lender. The principal business of the Company is to acquire, originate and maintain a portfolio consisting primarily of construction mortgages that are secured by development stage residential real property. The Company's investment objective is to generate attractive returns, relative to risk, in order to provide stable and consistent distributions to shareholders while remaining focused on capital preservation and satisfying the criteria mandated for MIC. The Company provides short-term course-of-construction financing to builders of residential, wood-frame properties in Western Canada. The Company's mortgage portfolio and operations are managed by Builders Capital Management Corp. (the Manager).


TSXV:BCF - Post by User

Builders Capital Mortgage Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(55)
•••
Post by JasleenDhakaon Nov 30, 2022 4:14pm
70 Views
Post# 35140970

BCF reported record revenue (up 20% YoY) and EPS

BCF reported record revenue (up 20% YoY) and EPS BCF reported record revenue (up 20% YoY) and EPS (up 22% YoY) in Q3. On average, revenue and EPS were 4% higher than our estimates, due to higher mortgage outstanding and lending rates.

Loan advancements were up 18% YoY (down 17% in Q2). Net mortgages outstanding increased 0.4% QoQ, and 8.9% YTD, to $31M (the highest in BCF’s history).

BCF has outperformed other MICs, and the TSXV (YTD and YoY).
To find out if our analysts expect sector multiples to trend higher, read the full report here https://www.researchfrc.com/builders-capital-mortgage-corp-tsxv-bcf-home-capital-acquisition-is-promising-for-mics/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Builders+Mortgage+Capital

Question of the day: As interest rates are expected to increase, do you think mortgage sector multiples will trend higher? Comment down below!

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities