Revenue rises to $121.4 million
Reid succeeds Kypriano
Historically low mortgage rates and the resilience of the Canadian housing market helped the firm boost profits and increase asset growth
Ratification vote set for May 13
Strong growth in all core lines of business
The global rating agency stated that its positive putlook reflects Home Capital’s consistently robust earnings, which have been driven by a solid net interest margin, strong income-producing asset growth, steady revenue increases across all business segments, good asset quality metrics, and stringent cost controls. Furthermore, Fitch views the company’s capital and reserve levels as sound, […]
Total assets up 20% from a year ago
Record growth in mortgage originations in second quarter
Home Capital Group Inc. reported today the departure of its chief financial officer, Phil Braginetz.Braginetz joined the company on May 22, 2007. His responsibilities will be shared by Home Capital’s executive management team,“Home wishes Phil success in his future endeavours and thanks him for his contributions. Our executive management team is very capable of performing […]
Societal attitudes have hardened, says Home Capital chairman