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Home Capital Group Inc. (T:HCG)

Business Focus: Retail & Mortgage Banks

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Oct 03, 2019 05:00 pm ET
Home Capital to Report Third Quarter 2019 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and nine months ended September 30, 2019 on Wednesday, November 13, 2019 before markets open.
Sep 27, 2019 11:23 am ET
Home Capital Group Inc. Announces the Closing of a $425 Million Private Placement of Residential Mortgage-Backed Securities
Home Capital Group Inc. (“Home Capital”) (TSX:HCG) and its subsidiary Home Trust Company (“Home Trust” or “the Company”) announce the closing of a $425 million private placement of residential mortgage-backed securities (the “Series 2019-1 Notes”) by Classic RMBS Trust, a securitization vehicle sponsored by Home Trust. The Series 2019-1 Notes are backed by a portfolio of near-prime, uninsured, residential mortgages and are comprised of A, B and Z tranches that aggregate $500 million.
Sep 23, 2019 07:00 am ET
Home Capital Group Inc. Announces Pricing of a $425 Million Private Placement of Residential Mortgage-Backed Securities
Home Capital Group Inc. (“Home Capital”) (TSX:HCG) and its subsidiary Home Trust Company (“Home Trust” or “the Company”) announce the pricing of a private placement of residential mortgage-backed securities by Classic RMBS Trust, a securitization vehicle sponsored by Home Trust. The securities are backed by a portfolio of near-prime, uninsured, residential mortgages and are comprised of A, B and Z tranches that aggregate $500 million (the “Series 2019-1 Notes”).
Aug 07, 2019 06:00 am ET
Home Capital Reports Year-Over-Year Earnings Per Share Growth of 43% in Q2 2019
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three and six months ended June 30, 2019. This press release should be read in conjunction with the Company’s 2019 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis (“MD&A”), which are available on Home Capital’s website at
Jun 20, 2019 10:45 am ET
Home Capital to Report Second Quarter 2019 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and six months ending June 30, 2019 on Wednesday, August 7, 2019 before markets open.
May 30, 2019 09:20 am ET
Home Capital Group Inc. and Lendified Holdings Inc. Announce Strategic Investment
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) and Lendified Holdings Inc. (“Lendified”) are pleased to announce the closing of a $3,000,000 strategic investment in Lendified by Home Capital. Together, Lendified and Home Capital are leveraging their strengths in mortgage and credit adjudication and underwriting to support the growth of small business in Canada.
May 27, 2019 10:56 am ET
Home Trust Company Receives Lender of the Year Award
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) reported that its subsidiary, Home Trust Company, was awarded the “Lender of the Year Award: Bank” at the Mortgage Awards of Excellence ceremony held at the beginning of May this year. The award recognizes a company that offers outstanding products and support to the mortgage industry.
May 16, 2019 04:11 pm ET
Home Capital Group Inc. Announces Annual Meeting Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) announced today the voting results from its Annual Meeting of Shareholders held Wednesday, May 15, 2019 in Toronto, Ontario.
May 14, 2019 02:30 pm ET
Home Trust Company Releases 2018 Public Accountability Statement
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) reported that the Public Accountability Statement for Home Trust Company (“Home Trust”), a subsidiary of Home Capital, is now available online at www.hometrust.ca/about/public-accountability/. The Public Acco
May 13, 2019 02:10 pm ET
Home Capital Group Inc. Annual Meeting of Shareholders - May 15, 2019
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) invites shareholders to attend its Annual Meeting of Shareholders on Wednesday, May 15, 2019 at 10:00 a.m. ET in Toronto, Ontario.
May 08, 2019 06:00 am ET
Home Capital Reports Q1 2019 Results
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) today reported financial results for the three months ended March 31, 2019. This press release should be read in conjunction with the Company’s 2019 First Quarter Report including Financial Statements and Management’s Discussion and Analysis (MD&A), which are available on Home Capital’s website at
Mar 21, 2019 12:09 pm ET
Home Capital Group to Report First Quarter 2019 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months ended March 31, 2019 on Wednesday, May 8, 2019 before markets open.
Mar 05, 2019 05:03 pm ET
Home Capital Group Announces Executive Leadership Change
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) today announced that John Harry, Executive Vice President, Commercial Lending has left the Company.
Feb 22, 2019 06:00 am ET
Home Capital Announces Fourth Quarter and Full Year 2018 Results
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) today reported financial results for the three months and twelve months ended December 31, 2018. This press release should be read in conjunction with the Company’s 2018 Annual and Fourth Quarter Consolidated Financial Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at
Jan 14, 2019 08:00 am ET
Home Capital Group to Report Fourth Quarter and Full Year 2018 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and twelve months ended December 31, 2018 on Friday, February 22, 2019, before markets open.
Dec 21, 2018 07:53 am ET
Home Capital Group Inc. Announces Final Results of Substantial Issuer Bid
Further to the announcement by Home Capital Group Inc. (“Home Capital” or the “Company”) (TSX:HCG) on December 19, 2018, the Company announced today that it has taken up 18,181,818 common shares (the “Shares”) at a purchase price of C$16.50 per Share (the “Purchase Price”) under the Company’s Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its Shares.
Dec 19, 2018 07:10 am ET
Home Capital Group Inc. Update on Berkshire Hathaway Inc.’s Ownership Interest
Home Capital Group Inc. (“Home Capital” or the “Company”) (TSX:HCG) announced today that, following the completion of its Substantial Issuer Bid on Friday December 21st, 2018, the percentage ownership of Home Capital by Columbia Insurance Company, a wholly-owned subsidiary of Berkshire Hathaway Inc. (“Berkshire”) is projected to be less than 10%.
Dec 19, 2018 07:00 am ET
Home Capital Group Inc. Announces Preliminary Results of Substantial Issuer Bid
Home Capital Group Inc. (“Home Capital” or the “Company”) (TSX: HCG) announced today the preliminary results of its Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”).
Nov 12, 2018 07:00 am ET
Home Capital Group Inc. Announces Commencement and Terms of Substantial Issuer Bid
Home Capital Group Inc. (TSX:HCG) (“Home Capital” or “the Company”) today announced that it has formally commenced its previously announced substantial issuer bid (the “Offer”), pursuant to which Home Capital will offer to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”) from shareholders for cash.
Nov 07, 2018 06:00 am ET
Home Capital Announces Third Quarter Results along with Board Approval for a Substantial Issuer Bid of up to $300 Million in the Fourth Quarter and Intention to Apply to the TSX for a Normal Course Is
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) today reported financial results for the three and nine months ended September 30, 2018. This press release should be read in conjunction with the Company’s 2018 Third Quarter Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at
Oct 09, 2018 04:49 pm ET
Home Capital Group to Report Third Quarter 2018 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and nine months ended September 30, 2018 on Wednesday, November 7, 2018, before markets open.
Oct 01, 2018 05:30 pm ET
Home Capital Group Inc. Announces New Appointments to the Board of Directors
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) is pleased to announce that it has made two appointments in relation to its Board of Directors.
Aug 13, 2018 06:14 pm ET
Home Capital Reports Second Quarter 2018 Results
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) today reported financial results for the three and six months ended June 30, 2018. This press release should be read in conjunction with the Company’s 2018 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis (MD&A), which are available on Home Capital’s website at
Jul 12, 2018 04:28 pm ET
Home Capital Group to Report Second Quarter 2018 Financial Results
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months and six months ended June 30, 2018 on Monday, August 13, 2018, after markets close.
Jun 29, 2018 04:10 pm ET
Home Capital Closes $500 Million Committed Standby Secured Funding Facility with Bank of Montreal and Royal Bank of Canada
Home Capital Group Inc. (TSX: HCG) (“Home Capital” or the “Company”) is pleased to announce the closing of the previously announced two year $500 million committed standby secured funding facility (the “Credit Facility”) entered into by its subsidiary, Home Trust Company, and Bank of Montreal and Royal Bank of Canada. The Credit Facility replaces a $2 billion credit facility provided by a wholly owned subsidiary of Berkshire Hathaway Inc. that matured today.
May 18, 2018 11:24 am ET
Home Capital Group Inc. Announces Annual and Special Meeting Voting Results and Appointment of Paul Derksen as Chair of the Board of Directors
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced voting results from its Annual and Special Meeting of Shareholders (AGM) held on Wednesday, May 16, 2018 in Toronto, Ontario.
May 16, 2018 06:36 am ET
Home Capital Receives Commitments for a $500 Million Standby Secured Funding Facility
Home Capital Group Inc. (TSX:HCG) (“Home Capital” or the “Company”) (TSX:HCG) is pleased to announce that its subsidiary, Home Trust Company, has obtained a letter of commitment for a two-year, $500 million standby secured funding facility (the “Credit Facility”) from two Canadian Schedule 1 banks.
May 15, 2018 02:49 pm ET
Home Capital Releases 2017 Public Accountability Statement
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX:HCG) reported that the 2017 Public Accountability Statement for Home Trust Company, a subsidiary of Home Capital, is available online at www.hometrust.ca/about. The Public Accountability Statement highlights activities that Home Trust has undertaken to support i
May 14, 2018 04:26 pm ET
Media Advisory – Home Capital Group Inc. Annual and Special Meeting of Shareholders – May 16, 2018
Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) invites shareholders to attend its Annual and Special Meeting of Shareholders on Wednesday, May 16, 2018 at 10:00 a.m. ET in Toronto, Ontario.
May 08, 2018 08:41 pm ET
Home Capital Reports First Quarter 2018 Results
Home Capital Group (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three months ended March 31, 2018. This press release should be read in conjunction with the Company’s 2018 First Quarter Report including Financial Statements and Management’s Discussion and Analysis (MD&A), which are available on Home Capital’s website at
Apr 18, 2018 08:32 am ET
Home Capital Group Updates February 2018 Financial Data
TORONTO, April 18, 2018 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) announced today it has filed updated Consolidated Monthly Balance Sheet data as at February 28, 2018 with the Office of the Superintendent of Financial Institutions (OSFI) for its subsidiary Home Trust Company to principally correct an inadvertent classification error between insured and uninsured residential mortgage balances.
Apr 10, 2018 05:20 pm ET
Home Capital Group to Report First Quarter 2018 Financial Results
TORONTO, April 10, 2018 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report financial results for the three months ended March 31, 2018 on Tuesday, May 8, 2018, after markets close.
Feb 15, 2018 02:42 am ET
/C O R R E C T I O N from Source -- Home Capital Group Inc./
In the news release, Home Capital Reports fourth quarter and full year 2017 Results, issued 14-Feb-2018 by Home Capital Group Inc. over Cision, we are advised that Home Capital is adjusting for errors in the comparative figures on the Consolidated Balance Sheets for September 30, 2017 and balances for the three months ended December 31, 2017 and 2016 in the Consolidated Statements of Cash Flows. The complete, corrected release follows:
Feb 14, 2018 06:49 pm ET
Home Capital Reports fourth quarter and full year 2017 Results
TORONTO, Feb. 14, 2018 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX: HCG) today reported financial results for the three and twelve months ended December 31, 2017. This press release should be read in conjunction with the Company's 2017 Annual and Fourth Quarter Consolidated Financial Report including Financial Statements and Management's Discussion and Analysis (MD&A), which are available on Home Capital's website at www.homecapital.com and on SEDAR at www.sedar.com.
Feb 01, 2018 07:52 am ET
Home Capital Announces Successful Completion of Sale of Non-Core Businesses Including Payment Services Interactive Gateway
TORONTO, Feb. 1, 2018 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced the successful completion of the previously announced agreement with a third party to sell the Company's payment processing and prepaid card business including its Payment Services Interactive Gateway (PSiGate) subsidiaries.
Jan 17, 2018 02:08 pm ET
Home Capital Group comments on statement of claim
TORONTO, Jan. 17, 2018 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX:HCG) today announced it has received a statement of claim issued by Marc Cohodes, who opted out of a global settlement of the securities class action in 2017 with Home Capital. The claim is based on allegations of misrepresentations and oppressive conduct and seeks $4 million in damages.
Jan 16, 2018 09:13 am ET
Home Capital Group to report fourth quarter 2017 financial results
TORONTO, Jan. 16, 2018 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report financial results for the three and twelve months ended December 31, 2017 on Wednesday, February 14, 2018, after market close.
Dec 28, 2017 10:25 am ET
Home Capital Comments on Second Statement of Claim
TORONTO, Dec. 28, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or the Company") (TSX:HCG) today announced it has received a statement of claim issued by Roland Keiper and Brian Chapman, who opted out of a global settlement of the securities class action earlier this year with Home Capital.  The claim is based on allegations of common law and statutory misrepresentation and oppressive conduct and seeks $2 million in damages.
Dec 18, 2017 04:41 pm ET
Home Capital Announces New Chief Information Officer and Other Executive Leadership Appointments
TORONTO, Dec. 18, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that Victor DiRisio will be joining the Company as the new Chief Information Officer (CIO), effective January 1, 2018, reporting directly to President and Chief Executive Officer, Yousry Bissada.
Nov 28, 2017 06:00 am ET
Home Capital Group Comments on Draft Statement of Claim and Intends to Defend Itself
TORONTO, Nov. 28, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced it has received a draft statement of claim – not yet filed in court -- prepared on behalf of West Face Long Term Opportunities Global Master LP ("West Face"), a Caymans Island limited partnership which opted out of a global settlement of the securities class action earlier this year with Home Capital. The potential claim is based on allegations of misrepresentation. The amount claimed as damages would be $70 million.
Nov 14, 2017 06:52 pm ET
Home Capital Reports Third Quarter 2017 Results
TORONTO, Nov. 14, 2017 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX: HCG) today reported financial results for the three and nine months ended September 30, 2017. This press release should be read in conjunction with the Company's 2017 Third Quarter Report including Financial Statements and Management's Discussion and Analysis (MD&A), which are available on Home Capital's website at www.homecapital.com and on SEDAR at www.sedar.com.
Oct 19, 2017 10:51 am ET
Home Capital Group Files Final Universal Base Shelf Prospectus
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Oct 18, 2017 01:04 pm ET
Home Capital Group to Report Third Quarter 2017 Financial Results
TORONTO, Oct. 18, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report third quarter 2017 financial results for the three months and nine months ended September 30, 2017 on Tuesday, November 14, 2017, after market close.
Oct 16, 2017 03:54 pm ET
Home Capital Exits Non-Core Businesses Including the Sale of Payment Services Interactive Gateway
TORONTO, Oct. 16, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced it has entered into an agreement with a third party to sell the Company's payment processing and prepaid card business including its Payment Services Interactive Gateway (PSiGate) subsidiaries.  The Company previously announced it had determined to exit these businesses with its Q2 2017 financial results.  
Oct 03, 2017 01:53 pm ET
Home Capital Announces Executive Leadership Changes
TORONTO, Oct. 3, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) announced today that Edward Karthaus will be joining Home Capital as Executive Vice President, Residential Lending Sales on October 10th. The Company also announced Pino Decina, Executive Vice President, Residential Lending, and Chris Whyte, Executive Vice President & Chief Operating Officer, have departed from their roles at the organization.
Oct 02, 2017 02:46 pm ET
Home Capital Substantially Completes Project Expo; Expects to Achieve $15 Million in Future Annual Cost Savings
TORONTO, Oct. 2, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today reported it has substantially completed Project Expo, an expense savings initiative announced in February 2017, and expects to achieve approximately $15 million in future annual cost savings as previously targeted.
Sep 28, 2017 12:18 pm ET
Home Capital Announces Management Departure
TORONTO, Sept. 28, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) announced today that Greg Parker, Executive Vice President, Strategy, will be leaving the Company effective October 20, 2017. Mr. Parker made this decision in order to pursue other opportunities. Brad Kotush, Executive Vice President and Chief Financial Officer, will assume his overall responsibilities.
Sep 22, 2017 11:59 am ET
Notice of Settlement Approval - Home Capital Group Inc., Securities Class Action
If you acquired common shares of Home Capital Group Inc. between November 5, 2014 and July 10, 2015,Read this notice carefully as it may affect your legal rights
Sep 20, 2017 03:02 pm ET
Home Capital Group Inc. Files Preliminary Universal Base Shelf Prospectus
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Sep 12, 2017 12:42 pm ET
IIROC Trade Resumption - HCG
TORONTO, Sept. 12, 2017 /CNW/ - Trading resumes in:
Sep 12, 2017 12:32 pm ET
Home Capital Group Announces Special Meeting Results
TORONTO, Sept. 12, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) today announced the voting results from its special meeting of shareholders held Tuesday, September 12, 2017 in Toronto, Ontario (the "Meeting").
Sep 12, 2017 11:39 am ET
IIROC Trading Halt - HCG
TORONTO, Sept. 12, 2017 /CNW/ - The following issues have been halted by IIROC:
Sep 08, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
The Annual Review of the S&P/TSX SmallCap Index
Aug 29, 2017 07:30 am ET
Home Capital Names Brad Kotush Chief Financial Officer
TORONTO, Aug. 29, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced the appointment of Brad Kotush as Executive Vice President and Chief Financial Officer of the Company and its subsidiaries, Home Trust Company and Home Bank, effective September 1, 2017.
Aug 21, 2017 02:27 pm ET
Home Capital Provides Update on Agreement to Settle Class Action Matters
TORONTO, Aug. 21, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that the Ontario Superior Court of Justice will issue an order approving the previously announced settlement of a class action commenced in February 2017 regarding the Company's disclosure in 2014 and 2015.
Aug 18, 2017 09:16 am ET
Home Capital Group Files and Mails Materials for Special Meeting of Shareholders
TORONTO, Aug. 18, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced it has filed and mailed its management information circular in connection with a special meeting of its shareholders. The special meeting of shareholders will be held on September 12, 2017 at 10:00 a.m. Eastern Time in Toronto, Ontario for purposes of considering the approval of an additional equity investment in the Company by a wholly-owned subsidiary of Berkshire Hathaway Inc. ("Berkshire").
Aug 17, 2017 06:00 pm ET
Home Capital Closes Final Tranche of Commercial Mortgage Asset Sale
TORONTO, Aug. 17, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that it completed the final tranche of an arrangement to sell certain commercial mortgage assets as previously announced. To date, the Company has received an aggregate amount of approximately $1.2 billion on the sale and discharges of commercial mortgages in connection with its initiatives to increase liquidity.
Aug 09, 2017 03:05 pm ET
Home Capital Provides Update on Agreements to Settle OSC and Class Action Matters
TORONTO, Aug. 9, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that the Ontario Securities Commission ("OSC") issued an order approving the previously announced settlement of an enforcement proceeding commenced in April 2017 regarding the Company's disclosure in 2014 and 2015.
Aug 02, 2017 08:28 pm ET
Home Capital Updates Outlook for 2017 and Reports Second Quarter 2017 Results
TORONTO, Aug. 2, 2017 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX: HCG) today provided a business update and reported financial results for the three and six months ended June 30, 2017. This press release should be read in conjunction with the Company's 2017 Second Quarter Report including Financial Statements and Management's Discussion and Analysis (MD&A), which are available on Home Capital's website at www.homecapital.com and on SEDAR at www.sedar.com.
Aug 02, 2017 08:24 pm ET
Home Capital Provides Update On Liquidity and Deposits
TORONTO, Aug. 2, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today reported its aggregate liquidity and credit capacity position as of August 1 and also provided an update on its deposit inflows.
Jul 31, 2017 07:28 pm ET
Home Capital Group Inc. to Report Second Quarter 2017 Financial Results and Host Conference Call with Incoming CEO, Yousry Bissada; Announces Special Meeting Notice
TORONTO, July 31, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report second quarter 2017 financial results for the three months and six months ended June 30, 2017 on Wednesday, August 2, 2017, after the close of market.
Jul 25, 2017 06:05 pm ET
Home Capital Fully Repays $2 Billion Berkshire Hathaway Backed Credit Facility; Completes Commercial Mortgage Asset Sale
TORONTO, July 25, 2017 /CNW/ - Home Capital Group Inc. (TSX:HCG) ("Home Capital" or the "Company") is pleased to report it has received additional proceeds from previously announced asset sales and fully repaid the outstanding balance under the Company's $2 billion credit facility provided by a wholly owned subsidiary of Berkshire Hathaway Inc. ("Berkshire").
Jul 17, 2017 06:00 pm ET
Home Capital Provides Update On Liquidity and Deposits
TORONTO, July 17, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported its aggregate liquidity and credit capacity position as of July 14, 2017 has strengthened significantly since the last update on June 29, 2017.
Jul 14, 2017 11:30 am ET
Home Capital Group Inc. to Report Second Quarter 2017 Financial Results
TORONTO, July 14, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report second quarter 2017 financial results for the three months and six months ended June 30, 2017 on Wednesday, August 2, 2017. The results will be issued after market close.
Jul 12, 2017 07:30 am ET
Home Capital Appoints Yousry Bissada as President and CEO
TORONTO, July 12, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) today announced that its Board of Directors has appointed Yousry Bissada as President and Chief Executive Officer of the Company and its subsidiaries, Home Trust Company and Home Bank, effective August 3. Mr. Bissada is a seasoned mortgage and financial services industry leader with a successful career spanning 30 years.
Jul 06, 2017 06:25 pm ET
Home Capital Announces Appointments of Executive Vice President, Strategy, and Chief Risk Officer; Company to Evaluate Potential Impact of OSFI B-20 Revisions
TORONTO, July 6, 2017 /CNW/ - Home Capital Group Inc. (the "Company" TSX: HCG) today announced that Greg Parker has been named to the newly created role of Executive Vice President, Strategy, and that David Cluff, currently Chief Credit Officer, will replace Mr. Parker as Executive Vice President, Enterprise Risk Management and Chief Risk Officer (CRO) of Home Capital, effective immediately. 
Jul 06, 2017 06:20 pm ET
Home Capital Closes Tranche of Commercial Mortgage Asset Sale and Announces Early Payout of a Retail Consumer Loan Portfolio
TORONTO, July 6, 2017 /CNW/ - Home Capital Group Inc. (the "Company" TSX: HCG) today reported it has received proceeds of approximately $225 million for the closing of certain commercial mortgage assets sold as previously announced. The Company expects to receive further proceeds during the third quarter as the next tranche of the transaction is completed.
Jun 30, 2017 06:08 pm ET
Home Capital Group Inc. Announces Annual Meeting Results
TORONTO, June 30, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) announced today the voting results from its Annual Meeting of Shareholders held Thursday, June 29, 2017 in Toronto, Ontario.
Jun 30, 2017 05:30 pm ET
Home Capital Provides Update On Liquidity and Deposits and Closing Of Commercial Mortgage Sale
TORONTO, June 30, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported its aggregate liquidity and credit capacity position as of June 29, 2017.  
Jun 29, 2017 05:43 pm ET
Home Capital Announces Closing of New C$2 Billion Credit Facility and Agreement to Sell Approximately $252 Million of Residential Mortgages
TORONTO, June 29, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or the "Company") is pleased to announce the closing of the previously announced C$2 billion line of credit facility entered into by its subsidiary, Home Trust Company, as borrower, with a wholly-owned subsidiary of Berkshire Hathaway Inc. ("Berkshire"), as agent and initial lender (the "New Credit Agreement"). The Company is also pleased to announce it has entered into an agreement with a third party for the sale of approximately $252 million of residential mortgages that is expected to close and fund on June
Jun 29, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 29, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 28, 2017.  
Jun 29, 2017 11:56 am ET
Home Capital Announces Successful Completion of Initial Equity Investment by Berkshire Hathaway
TORONTO, June 29, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or the "Company") is pleased to announce the completion of the previously announced initial equity investment by Berkshire Hathaway Inc. ("Berkshire"). Berkshire, through its wholly owned subsidiary Columbia Insurance Company, invested C$153,225,739 to acquire 16,044,580 common shares on a private placement basis, representing an approximate 19.99% equity stake in the Company on a post-issuance basis.
Jun 29, 2017 07:35 am ET
Home Capital Announces Receipt of TSX Conditional Listing Approval for Initial Equity Investment by Berkshire Hathaway
TORONTO, June 29, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or the "Company") is pleased to announce it has received conditional listing approval from the Toronto Stock Exchange ("TSX") for the previously announced initial equity investment by Berkshire Hathaway Inc. ("Berkshire").
Jun 29, 2017 07:30 am ET
Home Capital Provides Update On Q2 2017 Expenses and GIC Deposit Inflows
TORONTO, June 29, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) today updated a number of significant items expected to impact second quarter financial results for the period ending June 30, 2017.  Full financial results for the second quarter are expected to be released on August 2, 2017.
Jun 28, 2017 07:21 pm ET
Home Capital Provides Update on OSC and Class Action Settlements
TORONTO, June 28, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) announced that Justice Raikes of the Ontario Superior Court of Justice issued an order today certifying an action as against the Company and certain of its former officers as a class action for settlement purposes only.
Jun 28, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 28, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 27, 2017. 
Jun 27, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 27, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 26, 2017.  
Jun 27, 2017 04:15 pm ET
Media Advisory - Home Capital Group Inc. Annual Meeting Of Shareholders - June 29, 2017
TORONTO, June 27, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) will hold its Annual Meeting of Shareholders on Thursday, June  29, 2017 at 10:00 a.m. ET in Toronto, Ontario.
Jun 26, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 26, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 23, 2017.  
Jun 23, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO , June 23, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 22, 2017. 
Jun 22, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 22, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 21, 2017.  
Jun 22, 2017 12:07 am ET
Home Capital Reaches Agreement with Berkshire Hathaway for Investment of up to C$400 Million in Common Equity and Provision of New C$2 Billion Credit Facility
Represents a very strong validation and endorsement of Home Capital from world-renowned long-term value investor Relationship enhances Home Capital's progress in capital and deposit markets Proceeds from common equity investment provide additional liquidity and capital in the near term Replacement of existing emergency credit facility on improved terms, providing the Company with a lower cost backstop facility Approximately C$247 million of the C$400 million equity investment is subject to shareholder approval TORONTO, June 21, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home C
Jun 21, 2017 05:34 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 21, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 20, 2017.  
Jun 20, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 20, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 19, 2017.  
Jun 20, 2017 09:00 am ET
Home Capital Announces Agreement with KingSett Capital To Sell Commercial Mortgage Assets Valued at Approximately $1.2 Billion
Transaction helps stabilize Home Capital's liquidity position; highlights the quality of the Company's assets Proceeds expected to enhance liquidity and reduce the amount drawn under the Company's $2 billion credit facility TORONTO, June 20, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or, the "Company") (TSX:HCG) is pleased to announce that its subsidiary, Home Trust Company, has entered into a definitive agreement (the "Agreement") with KingSett Capital ("KingSett") on behalf of KingSett Real Estate Mortgage LP No. 3 and KingSett High Yield Fund to sell a portfolio of commerci
Jun 19, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 19, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 16, 2017.  
Jun 16, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 16, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 15, 2017.
Jun 15, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 15, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 14, 2017.
Jun 15, 2017 09:30 am ET
Home Capital Comments on Trading Activity
TORONTO, June 15, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company)(TSX:HCG), in response to a request by Market Surveillance (IIROC), makes the following comment on trading activity in Home Capital stock on Wednesday, June 14:
Jun 14, 2017 07:00 pm ET
Home Capital Announces Agreements to Settle OSC and Class Action Matters
TORONTO, June 14, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital") is pleased to announce it has reached two agreements which together comprise a global settlement with the Ontario Securities Commission (the "Commission") and with respect to the putative class action commenced in February 2017 by Claire R. McDonald, Action No. 349/17CP (the "Class Action") relating to allegations of misleading disclosure.  The settlements are subject to approval (by the Commission and by the Ontario Superior Court of Justice respectively) and each settlement is conditional upon the approval of the other
Jun 14, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 14, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 13, 2017.  
Jun 13, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 13, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 12, 2017.  
Jun 12, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 12, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 9, 2017.  
Jun 09, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 9, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 8, 2017.  
Jun 08, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 8, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 7, 2017.  
Jun 07, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 7, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 6, 2017.  
Jun 06, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 6, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 5, 2017.  
Jun 05, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 5, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 2, 2017.  
Jun 02, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 2, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 1, 2017.  
Jun 01, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, June 1, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 31, 2017.
May 31, 2017 05:39 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 31, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 30, 2017.  
May 31, 2017 09:30 am ET
Home Capital Files Annual Meeting Materials
Five new directors nominated to nine-member board
May 30, 2017 06:03 pm ET
Home Capital Provides Update on Liquidity and Non-Securitized Mortgage Portfolio
TORONTO, May 30, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 29, 2017.  The Company also provided an updated on its non-securitized mortgage portfolio for the full year 2017.
May 29, 2017 06:31 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 29, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 26, 2017.
May 26, 2017 06:28 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 26, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 25, 2017.
May 25, 2017 05:32 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 25, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 24, 2017.
May 24, 2017 06:36 pm ET
Home Capital Completes Repayment of Deposit Notes and Provides Update on Liquidity, Deposits and Maturities
TORONTO, May 24, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today reported it has repaid $325 million of its outstanding deposit notes due May 24, 2017.  The Company continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 23, 2017.
May 23, 2017 06:18 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 23, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Monday, May 22, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity.
May 19, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 19, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Thursday, May 18, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity.
May 18, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 18, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Wednesday May 17, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity.
May 18, 2017 07:30 am ET
Home Capital Announces James Lisson Appointed to the Board of Directors; John Marsh Steps Down
TORONTO, May 18, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) announced that James Lisson has been appointed to the Board of Directors, bringing extensive experience in financial services law, operational issues, governance, stakeholder relations, and risk and reputation management. The Company also announced that John Marsh is stepping down from the Board of Directors.
May 17, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 17, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Tuesday May 16, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity.
May 16, 2017 05:30 pm ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 16, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Monday May 15, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity.
May 15, 2017 11:06 pm ET
Home Trust releases 2016 Public Accountability Statement
TORONTO, May 15, 2017 /CNW/ - Home Trust today announced that its 2016 Public Accountability Statement is now available online at www.hometrust.ca/about. The Public Accountability Statement highlights activities that Home Trust has undertaken to support its commitment to corporate social responsibility. Printed copies of this publication are also available upon request at Home Trust branches.
May 15, 2017 07:30 am ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 15, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position as of Friday May 12, 2017. The Company continues to maintain sufficient aggregate liquidity and credit capacity. Home Trust's High Interest Savings Account (HISA) and Oaken Savings deposit levels have stabilized over the past few days.
May 12, 2017 07:30 am ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 12, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position.
May 11, 2017 08:33 pm ET
Home Capital Provides Business Update and Reports First Quarter 2017 Results
TORONTO, May 11, 2017 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX: HCG) today provided a business update and reported financial results for the three months ended March 31, 2017. This press release should be read in conjunction with the Company's 2017 First Quarter Report including Financial Statements and Management's Discussion and Analysis (MD&A), which are available on Home Capital's website at www.homecapital.com and on SEDAR at www.sedar.com.
May 11, 2017 08:00 am ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 11, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position.
May 10, 2017 08:00 am ET
Home Capital Provides Update on Liquidity and Deposits
TORONTO, May 10, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today provided an update on the Company's liquidity position.
May 09, 2017 08:38 am ET
Home Capital Announces Plan to Sell or Place Mortgage Commitments and Renewals
TORONTO, May 9, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today announced that its subsidiary, Home Trust, has entered into an arrangement with an independent third party (the "Third Party") that wishes to purchase funded mortgages or accept mortgage commitments and renewals up to a total of $1.5 billion.
May 08, 2017 08:05 am ET
Home Capital Announces Claude Lamoureux, Paul Haggis and Sharon Sallows to Join Board; Brenda Eprile Named Chair
TORONTO, May 8, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today continued its governance renewal process by announcing that three leading Canadian businesspeople – Claude Lamoureux, Paul Haggis and Sharon Sallows – have agreed to join the Company's Board of Directors immediately. The Company also announced the appointment of Brenda Eprile to the role of Chair of the Board.
May 08, 2017 08:00 am ET
Home Capital Provides Update on Liquidity and Deposit Withdrawals; Announces Suspension of Dividend
TORONTO, May 8, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today announced that it has drawn down a total of $1.4 billion from its $2 billion credit line, the terms of which were announced by the Company on April 27, 2017.
May 05, 2017 07:30 am ET
Home Capital Announces Changes to the Board of Directors: Alan Hibben to Replace Gerald Soloway Effective Today
TORONTO, May 5, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) announced that Alan Hibben has been appointed to the Board of Directors effective today, replacing Gerald Soloway, the Founder of the Company, who had previously announced his pending retirement.
May 02, 2017 06:11 pm ET
Home Capital to Release First Quarter Results on May 11, Annual Meeting of Shareholders to be Held in June
TORONTO, May 2, 2017 /CNW/ - Home Capital Group Inc. ("the Company" TSX: HCG) today announced that its unaudited interim consolidated financial statements and related Management's Discussion and Analysis (MD&A) for the three-month period ended March 31, 2017 will be issued after the close of market on May 11, 2017. This timing change allows the MD&A to be updated for events that have occurred since the close of the first quarter. On April 21, the Company pre-announced preliminary, unaudited first quarter earnings per share.
May 01, 2017 08:44 am ET
Home Capital Reports Initial Draw Down on $2 Billion Credit Line
TORONTO, May 1, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) announced that its subsidiary, Home Trust, expects to receive an initial draw today of $1 billion from its $2 billion credit line provided by a facility led by the Healthcare of Ontario Pension Plan, the terms of which were previously announced by the Company on April 27, 2017.
Apr 28, 2017 08:00 am ET
Home Capital Provides Update on Deposit Withdrawals
TORONTO, April 28, 2017 /CNW/ - Home Capital announced today an update on High Interest Savings Accounts (HISA) withdrawals on Thursday, April 27.
Apr 27, 2017 09:42 pm ET
Home Capital Announces Resignation of Jim Keohane from Board
TORONTO, April 27, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today announced the resignation of Jim Keohane from the boards of the Company and its subsidiaries, Home Trust and Home Bank.
Apr 27, 2017 09:37 am ET
Home Capital secures $2 billion line of credit
TORONTO, April 27, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) today announced that its subsidiary, Home Trust, has secured a firm commitment for a $2 billion credit line from a major Canadian institutional investor.
Apr 26, 2017 11:27 am ET
IIROC Trade Resumption - HCG
TORONTO, April 26, 2017 /CNW/ - Trading resumes in:
Apr 26, 2017 11:13 am ET
IIROC Trading Halt - HCG
TORONTO, April 26, 2017 /CNW/ - The following issues have been halted by IIROC:
Apr 26, 2017 10:46 am ET
IIROC Trade Resumption - HCG
TORONTO, April 26, 2017 /CNW/ - Trading resumes in:
Apr 26, 2017 10:40 am ET
IIROC Trading Halt - HCG
TORONTO, April 26, 2017 /CNW/ - The following issues have been halted by IIROC:
Apr 26, 2017 08:42 am ET
Home Capital Announces Non-Binding Agreement in Principle with Major Institutional Investor for Credit Line of $2 Billion
TORONTO, April 26, 2017 /CNW/ - Home Capital Group Inc. ("The Company" TSX: HCG) announces that its subsidiary, Home Trust, has reached a non-binding agreement in principle with a major institutional investor for a credit line in the amount of $2 billion. It is expected that a firm commitment will be agreed to later today.
Apr 24, 2017 07:00 am ET
Home Capital Announces Pending Retirement of Gerald Soloway, Appointment of Robert Blowes as Interim CFO and Deposit Access Maintained
Gerald Soloway to Retire From Board Upon Naming of a Replacement Robert Blowes to Become Interim Chief Financial Officer Following Q1 Filing Home Retains Wide Access to Deposit Broker Channel TORONTO, April 24, 2017 /CNW/ - Home Capital Group Inc. ("the Company" TSX: HCG) today announced several board and management changes. Gerald Soloway, the Founder of the Company, has indicated that he will step down from the board when a replacement with recognized expertise in financial services is named. Robert Blowes will assume the role of interim Chief Financial Officer following the filing of
Apr 21, 2017 07:30 am ET
Home Capital Group Pre-Announces First-Quarter EPS and Issues Message to Shareholders from Chair
TORONTO, April 21, 2017 /CNW/ - Home Capital Group Inc. (the "Company", TSX: HCG) today pre-announced preliminary, unaudited first-quarter earnings per share and released a message to shareholders from Kevin Smith, Chair of the Company's Board of Directors.
Apr 19, 2017 09:50 pm ET
Home Capital Group Makes Statement on OSC Administrative Proceeding Against the Company and Three Individuals
TORONTO, April 19, 2017 /CNW/ - Home Capital Group Inc. (the "Company", TSX: HCG) made the following statement after receiving notification that staff of the Ontario Securities Commission (OSC) intend to pursue an administrative proceeding against the Company and three individuals:
Apr 11, 2017 04:53 pm ET
Home Capital Group Inc. to Report First Quarter 2017 Financial Results
TORONTO, April 11, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report first quarter 2017 financial results for the three months ended March 31, 2017 on Wednesday, May 3, 2017. The results will be issued after market close.
Mar 27, 2017 06:05 pm ET
Home Capital Group Announces Departure of CEO Martin K. Reid, Appointment of Interim CEO and Commencement of Search for Permanent Replacement
TORONTO, March 27, 2017 /CNW/ - Home Capital Group Inc. (the "Company", TSX: HCG) announced today that it has named director Bonita J. Then interim President & Chief Executive Officer of the Company, replacing Martin K. Reid. The Company has commenced a search for a full-time replacement for the President & CEO position.
Mar 14, 2017 06:00 pm ET
Home Capital Group Discloses OSC Notices to Individuals and Class Action Filing
TORONTO, March 14, 2017 /CNW/ - Home Capital Group Inc. (the "Company", TSX: HCG) today made the following disclosure regarding legal and regulatory matters.
Mar 10, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Index
Feb 10, 2017 04:47 pm ET
Home Capital Group Inc. Discloses OSC Notice
TORONTO, Feb. 10, 2017 /CNW/ - Home Capital Group Inc. (the Company) stated that it received an enforcement notice from staff of the Ontario Securities Commission (OSC) after the close of business on February 9, 2017 relating to the Company's disclosure in 2014 and 2015 regarding the impact of the Company's findings that income information submitted on some loan applications had been falsified and the subsequent remedial steps taken by the Company, including the suspension of brokers and brokerages.
Feb 08, 2017 06:07 pm ET
Home Capital Group Inc. Announces Dividend
TORONTO, Feb. 8, 2017 /CNW/ - The Board of Directors of Home Capital Group Inc. ("Home Capital") (TSX: HCG) has approved the payment of a quarterly dividend of 26.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of $1.04 per share. The dividend is payable on March 1, 2017 to shareholders of record at the close of business on February 17, 2017.
Feb 08, 2017 05:57 pm ET
Home Capital reports fourth quarter and full year 2016 results
TORONTO, Feb. 8, 2017 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX: HCG) today reported results for the three and twelve months ended December 31, 2016. This press release should be read in conjunction with the Company's 2016 Annual and Fourth Quarter Consolidated Financial Report including Financial Statements and Management's Discussion and Analysis (MD&A), which are available on Home Capital's website at www.homecapital.com and on SEDAR at www.sedar.com.
Jan 12, 2017 07:00 am ET
Home Capital Announces Dividend Reinvestment Plan
TORONTO, Jan. 12, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or the "Company") is pleased to announce it has implemented a Dividend Reinvestment Plan ("DRIP").  The DRIP will offer shareholders an opportunity to increase their investment in Home Capital by receiving dividend payments in the form of common shares ("Shares") of the Company without paying additional transaction costs, broker commissions, administrative costs or other service charges.
Jan 10, 2017 11:51 am ET
Home Capital Group Inc. to Report Fourth Quarter 2016 Financial Results
TORONTO, Jan. 10, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report its fourth quarter financial results for the three and twelve months ended December 31, 2016 on Wednesday, February 8, 2017. The results will be issued after market close at approximately 5:00 p.m. ET.
Dec 23, 2016 09:37 am ET
Home Capital Group Inc. announces renewal of Normal Course Issuer Bid
TORONTO, Dec. 23, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) announced today that it has filed with the Toronto Stock Exchange ("TSX") a Notice of Intention to make a Normal Course Issuer Bid, as approved by Home Capital's Board of Directors, pursuant to which Home Capital may purchase for cancellation up to 5,336,040 of its Common Shares, representing approximately 10% of its public float as of December 19, 2016 (being 5,920,340 Common Shares, calculated in accordance with TSX rules) less the number of Common Shares repurchased under Home Capital's normal course issuer bid which commen
Nov 02, 2016 06:48 pm ET
Home Capital Group Inc. Announces Dividend Increase
TORONTO, Nov. 2, 2016 /CNW/ - The Board of Directors of Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) has approved the payment of a quarterly dividend of 26.0 cents per share on the outstanding Common Shares of the Company. This represents a 2.0 cent per share increase in its quarterly dividend and is equivalent to an annual dividend of $1.04 per share. The dividend is payable on December 1, 2016 to shareholders of record at the close of business on November 15, 2016.
Nov 02, 2016 06:17 pm ET
Home Capital Reports Q3 2016 Results
TORONTO, Nov. 2, 2016 /CNW/ - Home Capital Group ("Home Capital" or "the Company") (TSX:HCG)  today reported results for the third quarter and nine months ended September 30, 2016. This press release should be read in conjunction with the Company's 2016 Third Quarter Report including Financial Statements and Management's Discussion and Analysis ("MD&A"), which are available on Home Capital's website at www.homecapital.com and the Canadian Securities Administrators' website at www.sedar.com.
Oct 20, 2016 05:30 pm ET
Home Capital Statement on Impact of Mortgage Insurance Rule Changes
TORONTO, Oct. 20, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") today made the following statement on the anticipated impact of recently announced changes to mortgage insurance rules by the Government of Canada.
Oct 14, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices
Oct 11, 2016 02:17 pm ET
Home Capital Group Inc. to Report Third Quarter 2016 Financial Results
TORONTO, Oct. 11, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report its third quarter financial results for the three and nine months ended September 30, 2016 on Wednesday, November 2, 2016. The results will be issued after market close at approximately 5:00 p.m. ET.
Oct 05, 2016 07:43 pm ET
Home Capital Statement on Relationship with Brookstreet MIC Inc.
TORONTO, Oct. 5, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") and its federally regulated lending subsidiary, Home Trust Company ("Home Trust"), today made the following statement to clarify Home Trust's relationship with Brookstreet MIC Inc. ("Brookstreet"). This follows a recent report published on an investing web site that erroneously characterized that relationship.
Sep 14, 2016 08:00 am ET
Home Capital Group Inc. Announces Normal Course Issuer Bid
TORONTO, Sept. 14, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) announced today that it has filed with the Toronto Stock Exchange a Notice of Intention to make a Normal Course Issuer Bid, as approved by Home Capital's Board of Directors, pursuant to which Home Capital may purchase for cancellation up to 3,251,743 of its Common Shares, representing approximately 5.0% of its 65,034,869 issued and outstanding Common Shares as of September 1, 2016. The average daily trading volume from March 1, 2016 to August 31, 2016 was 273,743 shares. Daily purchases will be limited to 68,435 Common Shares
Sep 02, 2016 10:00 am ET
Media Advisory - Home Capital to present at the Scotiabank Financials Summit
TORONTO, Sept. 2, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or the "Company") announces Martin Reid, President and Chief Executive Officer, Home Capital, will present at the Scotiabank Financials Summit in Toronto on Thursday, September 8, 2016.
Aug 24, 2016 11:21 am ET
Home Capital Statement on Loan Sales Practices
TORONTO, Aug. 24, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) and its federally regulated lending subsidiary, Home Trust Company ("Home Trust"), today provided a statement on loan sales practices following a recent report published on an investing web site.
Jul 28, 2016 09:00 am ET
Home Capital Group Inc. announces dividend
TORONTO, July 28, 2016 /CNW/ - The Board of Directors of Home Capital Group Inc. (TSX: HCG) has approved the payment of a quarterly dividend of 24.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of 96.0 cents per share. The dividend is payable on September 1, 2016 to shareholders of record at the close of business on August 15, 2016.
Jul 27, 2016 06:09 pm ET
Home Capital Reports Q2 2016 Financial Results
TORONTO, July 27, 2016 /CNW/ - Home Capital Group Inc. (TSX:HCG) ("Home Capital" or the "Company") today reported financial results for the second quarter ended June 30, 2016. The Company delivered solid results across its business, including strong net interest margins, a healthy loan portfolio evidenced by low non-performing loans and credit losses, year-over-year single-family mortgage originations growth, and a continued strong capital position.
Jul 21, 2016 08:30 am ET
CFF Bank changes its name to Home Bank
TORONTO, July 21, 2016 /CNW/ - Home Trust Company ("Home Trust"), a wholly owned subsidiary of Home Capital Group (TSX: HCG) ("Home Capital") today announced that CFF Bank, a wholly owned subsidiary of Home Trust, will change its name to Home Bank (in French, Banque Home), effective August 22, 2016.
Jul 11, 2016 12:48 pm ET
Home Capital Group Inc. to Announce Second Quarter 2016 Financial Results
TORONTO, July 11, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) will announce its second quarter financial results for the three and six months ended June 30, 2016 on Wednesday, July 27, 2016. The results will be issued after market close at approximately 5:00 p.m. ET. Martin Reid, President & Chief Executive Officer will host a conference call to discuss the results, including Q&A, on Thursday, July 28, 2016, at 10:30 a.m. ET.
May 13, 2016 03:28 pm ET
Home Capital Group Inc. Announces Annual Meeting Results
TORONTO, May 13, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) announced today the voting results from its Annual Meeting of Shareholders held Wednesday, May 11, 2016 in Toronto, Ontario.
May 10, 2016 02:25 pm ET
Media Advisory - Home Capital Group Inc. Annual Meeting - May 11, 2016
TORONTO, May 10, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) will hold its Annual Meeting of Shareholders on Wednesday, May 11, 2016 at 11:00 a.m. ET at One King West, Grand Banking Hall, 1 King Street West, Toronto, Ontario.
May 05, 2016 09:00 am ET
Home Capital Group Inc. Announces Dividend
TORONTO, May 5, 2016 /CNW/ - The Board of Directors of Home Capital Group Inc. (TSX: HCG) has approved the payment of a quarterly dividend of 24.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of 96.0 cents per share. The dividend is payable on June 1, 2016 to shareholders of record at the close of business on May 16, 2016.
May 04, 2016 06:01 pm ET
Home Capital Reports Q1 Earnings
Diluted Earnings per Share of $0.92; adjusted diluted earnings per share of $0.96 Dividend of $0.24 per common share. TORONTO, May 4, 2016 /CNW/ - Home Capital today reported financial results for the first quarter ended March 31, 2016.
Apr 26, 2016 06:05 pm ET
Home Capital Group Inc. Announces Redemption of 2016 Debentures
TORONTO, April 26, 2016 /CNW/ - Home Capital Group Inc. ("Home Capital") (TSX: HCG) today announced its intention to redeem all $150 million aggregate principal amount of its 5.20% debentures due May 4, 2016 (the "Debentures") for cash on May 4, 2016 (the "Maturity Date"), at a redemption price per $1,000 principal amount of the Debentures equal to: (i) $1,000, plus (ii) accrued and unpaid interest of $26.00 on the principal amount of the Debentures so redeemed up to and including the Maturity Date. On the Maturity Date, Home Trust Company intends to redeem or purchase for cancellation $156,
Apr 19, 2016 12:07 pm ET
Home Capital Group Inc. to Announce First Quarter Results
TORONTO, April 19, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) will announce its financial results for the three months ended March 31, 2016 on Wednesday, May 4, 2016. The results will be issued after market close at approximately 5:00 p.m. ET. The conference call and webcast will take place the following day, Thursday, May 5, 2016, at 10:30 a.m. The conference call will be hosted by Gerald M. Soloway, Chief Executive Officer and will conclude with a question and answer session. Joining Mr. Soloway will be Martin Reid, President, Robert Morton, Chief Financial Officer and Pino Decina, Ex
Apr 18, 2016 09:47 am ET
IIROC Trade Resumption - HCG; SHU
TORONTO, April 18, 2016 /CNW/ - Trading resumes in:
Apr 18, 2016 09:28 am ET
IIROC Trading Halt - HCG; SHU; HSM.S
TORONTO, April 18, 2016 /CNW/ - The following issues have been halted by IIROC:
Apr 18, 2016 09:16 am ET
Home Capital Group Inc. announces final results of substantial issuer bid
TORONTO, April 18, 2016 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) today announced that it has taken up and paid for 3,989,361 common shares (the "Shares") at a price of C$37.60 per Share (the "Purchase Price") under the Company's previously announced substantial issuer bid (the "Offer") to repurchase for cancellation up to C$150,000,000 of its Shares. The Shares purchased under the Offer represent approximately 5.70% of the Shares outstanding as at March 8, 2016. After giving effect to the repurchase, the number of issued and outstanding Shares is 65,97
Mar 08, 2016 05:05 pm ET
Home Capital Group Inc. Announces Commencement of Substantial Issuer Bid
TORONTO, March 8, 2016 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (TSX: HCG) today announced that it has formally commenced its substantial issuer bid (the "Offer"), pursuant to which Home Capital has offered to repurchase for cancellation up to C$150,000,000 of its common shares (the "Shares") from shareholders for cash. The Offer is being made by way of a "Dutch auction" and the Offer prices range from C$34.00 to C$38.00 per Share (in increments of C$0.10 per Share). The Offer represents up to 4,411,765 Shares or approximately 6.3% of Home Capital's 69,965,680 total
Feb 29, 2016 05:12 pm ET
Home Capital Group Announces CEO Succession
TORONTO, Feb. 29, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) today announced the planned retirement of Chief Executive Officer Gerald M. Soloway, and the appointment of Martin K. Reid as Mr. Soloway's replacement.
Feb 11, 2016 08:00 am ET
Home Capital Group Inc. Announces Dividend Increase
TORONTO, Feb. 11, 2016 /CNW/ - The Board of Directors of Home Capital Group Inc. (TSX: HCG) has approved the payment of a quarterly dividend of 24.0 cents per share on the outstanding Common Shares of the Company. This represents a 2.0 cent per share increase in its quarterly dividend and is equivalent to an annual dividend of 96.0 cents per share. The dividend increase reflects the continuing success of Home Capital's operating subsidiaries. The dividend is payable on March 1, 2016 to shareholders of record at the close of business on February 23, 2016.
Feb 10, 2016 05:00 pm ET
Home Capital Reports Annual and Q4 Earnings, Share Buyback and Dividend Increase
Diluted Q4 2015 earnings per share of $1.00; adjusted diluted earnings per share of $1.02 Planned share buyback of up to $150 million Quarterly dividend increased 9.1% or $0.02 per share, to $0.24 per common share, which would be $0.96 on an annualized basis TORONTO, Feb. 10, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) today reported financial results for the fourth quarter and for 2015, a year in which the company made significant progress strengthening its business in a prudent, profitable and sustainable manner, and announced a dividend increase of 9.1% and a planned $150 million
Jan 26, 2016 12:01 pm ET
Home Capital Group Inc. to announce fourth quarter results
TORONTO, Jan. 26, 2016 /CNW/ - Home Capital Group Inc. (TSX: HCG) will announce its financial results for the three and twelve months ended December 31, 2015 on Wednesday, February 10, 2016. The results will be issued after market close at approximately 5:00 p.m. ET. The conference call and webcast will take place the following day, Thursday, February 11, 2016, at 10:30 a.m. The conference call will be hosted by Gerald M. Soloway, Chief Executive Officer and will conclude with a question and answer session. Joining Mr. Soloway will be Martin Reid, President, Brian Mosko, Chief Operating Offi