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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 Djwburron May 02, 2017 3:51pm
139 Views
Post# 26194316

RE:RE:Home Capital asset sale

RE:RE:Home Capital asset saleEnjoy the forward guidance on the earnings call. Should be spectacular... zero to negative growth to be forecast. Wait until all those GIC's mature... can't wait to see what happens there. 

You are aware of the interest rate on their LOC right? You need to take a deeper dive on their cooked books to realize the math here. 

Good luck with your buyout!
Bullboard Posts