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Bullboard - Stock Discussion Forum 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... see more

TSX:HCG - Post Discussion

Home Capital Group Inc > Q3 - in-line
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Post by HermannHaller on Nov 08, 2022 8:16am

Q3 - in-line

95c EPS...RBC says 2c light, TD says 4c above their estimate. Importantly, the decline in NIM has moderated, and is expected to improve going forward. Credit quality is good. TD says company still has over $2 per share in excess capital.

With the stock at a 35% discount to BV, I think these results will be good enough to boost the stock.
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