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Home Capital Group Inc 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

Comment by canaderon Sep 16, 2019 9:12pm
189 Views
Post# 30133490

RE:RE:Jun-July Financial Loans update

RE:RE:Jun-July Financial Loans updateThanks for catching that calc error:

/*******May 31st*************/

Deposits:   1085 Million

 

Loans:        731 Million

 

Mortgages:

Insured        3.432 Billion

Uninsured  11.085 Billion

Commer       1.466 Billion

=====================

STot            15.983 Billion

 

/*******Jun 30th*************/

Deposits:   615 Million

 

Loans:        740 Million

 

Mortgages:

Insured        3.448 Billion

Uninsured  11.140 Billion

Commer       1.451 Billion

=====================

STot            16.039 Billion

 

/*******Jul 30th*************/

Deposits:   552 Million

 

Loans:        750 Million

 

Mortgages:

Insured        3.433 Billion

Uninsured  11.227 Billion

Commer       1.457 Billion

=====================

STot            16.117 Billion

 

One month increase of 78Mil is pretty good!!
(Aug, and Sept still to come for Q3)

PS: Check my math ;)

 

wildrunner11 wrote: Your STot is wrong for June should be 16.039 B an increase but not as good as you made me think. 

What was May STot?


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