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Home Capital Group Inc. (T:HCG)

Business Focus: Retail & Mortgage Banks

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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