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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
Tel: N/A
IR: See website
Key People
Paul W. Derksen
Independent Chairman of the Board
Mark Richard Hemingway
General Counsel, Corporate Secretary
Yousry Bissada
President, Chief Executive Officer, Director
Bradley W. Kotush
Chief Financial Officer, Executive Vice President
David J.F. Cluff
Executive Vice President - Enterprise Risk Management and Chief Risk Officer
Benjamin Katchen
Executive Vice President, Chief Digital and Strategy Officer
Yan Xu
Senior Vice President - Finance, Chief Accounting Officer
John Hong
Senior Vice President, Chief Compliance Officer and Chief Anti-Money Laundering Officer
Amy Bruyea
Senior Vice President - Human Resources
Anthony Stilo
Senior Vice President - Internal Audit
Business Overview
Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Its mortgage lending includes classic single-family residential 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, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.
Financial Overview
For the three months ended 31 March 2020, Home Capital Group Inc interest income increased 12% to C$234.1M. Net interest income after loan loss provision decreased 2% to C$84.3M. Net income decreased less than 1% to C$27.7M. Net interest income after loan loss provision reflects Other interest decrease of 20% to C$5.2M, Dividends from securities decrease of 7% to C$323K.
Employees: 753 as of Mar 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $3,816M as of Mar 31, 2020
Annual revenue (TTM): $905.96M as of Mar 31, 2020
EBITDA (TTM): $310.77M as of Mar 31, 2020
Net annual income (TTM): $135.88M as of Mar 31, 2020
Free cash flow (TTM): $493.25M as of Mar 31, 2020
Net Debt Last Fiscal Year: $2,516M as of Mar 31, 2020
Shares outstanding: 51,805,108 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization