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.

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Home Capital Group Inc > Scotiabank before the Quarterly Report

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Comment by HermannHalleron Aug 13, 2021 12:01pm

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Post# 33700905

RE:RE:Scotiabank before the Quarterly Report

Just scroll back a couple of posts, and you'll see TD's updated figure is $11.47/share of excess capital.

They said on the conference call this morning, they would likely do a SIB, as they have in the past, followed by a dividend and active NCIB. The goal is to get capital levels to 14-15% target in 12-18 months.