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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

Bullboard Posts
Comment by DaveAuon Jun 24, 2012 7:14pm
171 Views
Post# 20049675

RE: RE: RE: Question

RE: RE: RE: Question

Grox, The information you seek can be easily found in the regulatory filings (www.sedar.com for financials and www.sedi.ca for insider trading). Read the latest MD&A on Sedar and look for the information on Non-performing loans, allowances, provision for losses. You could also look back to previous years for a comparison.

If perhaps you are a client of TD, you would have free access to the INK insider reports which are derived from SEDI information but are far easier to make sense of. I'm not sure if other brokers provide this. Another good alternative for insider holdings is the Management Information Circular on Sedar which is sent out when the Annual meeting is scheduled.

If you really want to get a good understanding of this company, you could also listen to the June 2012 Investor Day presentation on the HCG website. Its about 3 hours long and at times repetitive but you get to hear from virtually all the top executives (about 8 of them) and get a pretty good idea of their philosophy, how they run their business, what their niche in the market place is and where they intend to grow the business.

Bullboard Posts