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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: Suite 2300, 145 King Street West
TORONTO CA M5H 1J8
Tel: N/A
Website: www.homecapital.com
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, 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 nine months ended 30 September 2020, HomeCapital Group Inc interest income increased 4% to C$673.6M.Net interest income after loan loss provision increased 12%to C$309.5M. Net income increased 22% to C$120.3M. Netinterest income after loan loss provision reflects NetInterest Margin, Total -% increase of 15% to 2.43%, NetInterest Spread, Total -% increase of 23% to 2.94%.
Employees: 762 as of Sep 30, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $4,351M as of Sep 30, 2020
Annual revenue (TTM): $905.01M as of Sep 30, 2020
EBITDA (TTM): $332.94M as of Sep 30, 2020
Net annual income (TTM): $157.58M as of Sep 30, 2020
Free cash flow (TTM): $120.01M as of Sep 30, 2020
Net Debt Last Fiscal Year: $2,705M as of Sep 30, 2020
Shares outstanding: 52,327,434 as of Jan 13, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization