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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... see more

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Home Capital Group Inc > Good Q4 numbers

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Post by wildrunner11 on Feb 18, 2021 6:24am

Good Q4 numbers

Net Income: $3.33 per share in 2020 up by 45.4% from $2.29 in 2019

Net income of $175.7 million or $3.33 per share in 2020, compared with $136.0 million or $2.29 per share in 2019. Fourth quarter net income of $55.3 million or $1.06 per share compared with $58.5 million or $1.12 per share in Q3 2020 and $37.2 million or $0.65 per share in Q4 2019.

Adjusted net income of $186.6 million or $3.54 per share in 2020, up 42.2% from $2.49 per share in 2019. Fourth quarter adjusted net income of $58.5 million or $1.11 per share compared with $1.18 per share in Q3 2020 and up 54.2% from $0.72 per share in Q4 2019. Results are adjusted for items of note related to implementing our Ignite Program.

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