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 |