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ECN Capital Corp T.ECN

Alternate Symbol(s):  ECNCF | ECNNF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.


TSX:ECN - Post by User

Post by Betteryear2on Sep 14, 2021 1:34pm
213 Views
Post# 33855618

Recognized by the Toronto Stock Exchange’s TSX30 Program

Recognized by the Toronto Stock Exchange’s TSX30 Program

TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today announced that the Toronto Stock Exchange (the “TSX”) has recognized the Company as part of its 2021 TSX30 Program. The TSX30 Program showcases the 30 top performing stocks on the TSX over the last three years based on dividend adjusted total share price appreciation. According to the TSX, “The annual ranking serves to spotlight the achievements and sustained success of TSX’s leading listed companies while also highlighting the depth and diversity of Canada’s powerful capital markets ecosystem.”   

“The recognition of ECN Capital by the TSX30 initiative is a welcome acknowledgement of all the hard work we have put into building our business over the last three years,” said Steven K. Hudson, CEO of ECN Capital. “We are proud that each of ECN's businesses performed extraordinarily well throughout the pandemic delivering significant growth and emerging with enhanced market share.” Mr. Hudson continued. “ECN is a stronger company with better growth prospects as a result of the strength and depth of the Canadian equity market, which is a strong competitive advantage for ECN."

About the TSX30

The TSX30 is a program that recognizes the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2021 members includes both newer and established listed companies across a wide range of sectors. The full ranking, methodology, and articles and video content are available on www.tsx.com/tsx30.

About ECN Capital Corp.

With managed and advised assets of US$33 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to United States based banks, credit unions, life insurance companies and investment funds (collectively our “Partners”). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically unsecured loan portfolios, secured loan portfolios and credit card portfolios. Our Partners are seeking high quality assets to match with their deposits or liabilities. These services are offered through three operating businesses: Service Finance, Triad Financial Services and The Kessler Group.

Company’s website (www.ecncapitalcorp.com).
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