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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

Post by wildrunner11on Feb 21, 2020 7:05am
139 Views
Post# 30716487

Not as good as I expected

Not as good as I expected

Don't have details but net interest income went up almost 5 mil from last quarter very good but Net Income down almost 2 mil not sure what caused this. The posted release has limited breakdowns. If this is operational I really hope this is just getting back to previous level and does not continue.

fyi eps was calculated in 57.3 mil share, current outstanding share is at 52.95.

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