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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
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 nine months ended 30 September 2019, Home Capital Group Inc interest income increased 16% to C$649.3M. Net interest income after loan loss provision increased 13% to C$276.5M. Net income increased 2% to C$98.8M. Net interest income after loan loss provision reflects Mortgage lending and consumer Lending segment increase from C$0K to C$99.3M, Net Interest Margin, Total -% increase of 6% to 2.11%.
Employees: 747 as of Sep 30, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $4,125M as of Sep 30, 2019
Annual revenue (TTM): $852.65M as of Sep 30, 2019
EBITDA (TTM): $306.11M as of Sep 30, 2019
Net annual income (TTM): $134.56M as of Sep 30, 2019
Free cash flow (TTM): $192.85M as of Sep 30, 2019
Net Debt Last Fiscal Year: $2,746M as of Sep 30, 2019
Shares outstanding: 52,953,160 as of Jan 22, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization