Home Capital Group Inc. (T:HCG)
Business Focus: Retail & Mortgage Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 145 King St W Suite 2300 TORONTO ON M5H 1J8 |
| Tel: | N/A |
| Website: | www.homecapital.com |
| IR: | See website |
| Key People | ||
| Paul W. Derksen Independent Chairman of the Board | Amy Bruyea Senior Vice President - Human Resources | Yousry Bissada President, Chief Executive Officer, Director |
| Bradley W. Kotush Chief Financial Officer, Executive Vice President | Victor DiRisio Executive Vice President, Chief Information Officer | David J.F. Cluff Executive Vice President - Enterprise Risk Management and Chief Risk Officer |
| Edward Karthaus Executive Vice President of Sales and Marketing | Dinah J. Henderson Executive Vice President - Operations | Benjamin Katchen Executive Vice President, Chief Digital and Strategy Officer | John Hong Senior Vice President, Chief Compliance Officer and Chief Anti-Money Laundering Officer |
| Business Overview |
| Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial. Home Trust, through its subsidiary, Home Bank, offers mortgage, deposit and personal banking products. Its mortgage lending includes Traditional Single-family and ACE Plus Lending; insured residential lending; residential commercial lending, and non-residential commercial lending. Its consumer lending includes credit card and line of credit lending, and other consumer retail lending. In addition it manages a treasury portfolio to support liquidity requirements and invest excess capital. Its operations also include Payment Services Interactive Gateway Inc., the Company's subsidiary involved in payment processing. |
| Financial Overview |
| For the six months ended 30 June 2019, Home Capital Group Inc interest income increased 16% to C$426.1M. Net interest income after loan loss provision increased 11% to C$177.2M. Net income decreased 7% to C$59.7M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 4% to 2.05%, Interest from loans increase of 17% to C$365.8M, Other interest increase of 15% to C$13.1M. |
| Employees: | 744 as of Jun 30, 2019 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3,988M as of Jun 30, 2019 |
| Annual revenue (TTM): | $822.09M as of Jun 30, 2019 |
| EBITDA (TTM): | $295.24M as of Jun 30, 2019 |
| Net annual income (TTM): | $128.14M as of Jun 30, 2019 |
| Free cash flow (TTM): | -$551.89M as of Jun 30, 2019 |
| Net Debt Last Fiscal Year: | $2,459M as of Jun 30, 2019 |
| Shares outstanding: | 58,576,646 as of Aug 28, 2019 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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