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.

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Home Capital Group Inc

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Comment by opportuniston May 15, 2017 3:34pm

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Post# 26246271

RE:RE:RE:RE:RE:RE:RE:RE:RE:New deposits & new GIC's?

I see what you mean but that's too narrow of a dataset you are looking for. Let's look at this in another way. You are trying to see if they have new deposits going in, which the market is not overly concerned because it lacks the other side of the equation, money going out. However you can figure out the net flow of the money simply by looking at the daily balance.

I.e. Last Friday HCG settled with $47.6M less GICs, it gives enough of a picture to know even if they had new deposits of $100M, they would have an outflow of $146.7M. To me you already have the netted value and the most important piece of info to play with.

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