RE:In a low quality Q ...That is just straight up lying now....
- Asset run-off? Total assets at $17.9 billion, highest since the liquidity crisis
- Massive NIM compression? yes there is a slight decline but hardly "massive". The new facility with lower standby fees and only 25% of the previous facility size will boost NIM in Q3
- Wtf is GIL coverage? no such thing..Tier 1 cap ratio at 23% which is well above regulatory requirement.
- Why would a 1 bps change petrify HCG investors? 1 bps on anything is hardly significant
- Updates to risk model? Risk models already been updated since they implemented IFRS 9 last quarter and NO, deliquency rates didn't shoot up becasue of IFRS 9.
Nothing you listed makes any sense man. Go back to trolling on twitter DrSilbergIeit wrote: ... highlighted by asset run-off, massive NIM compression, declining GIL coverage, and other issues, it's the 1 bps PCL on the uninsured res. mortgage book and the updates to the risk model that should petrify HCG investors. The cookies are still in the closet...