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Home Capital Group Inc (HCG.TO)

HCG.TO on Toronto Stock Exchange

17.28CAD
12 Nov 2018
Change (% chg)

$-0.20 (-1.14%)
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Volume
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$18.63
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Latest Key Developments (Source: Significant Developments)

Home Capital Group Inc Announces New Appointments To Board
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Home Capital Group Inc ::HOME CAPITAL GROUP INC. ANNOUNCES NEW APPOINTMENTS TO THE BOARD OF DIRECTORS.HOME CAPITAL GROUP INC - HAS MADE TWO APPOINTMENTS IN RELATION TO ITS BOARD OF DIRECTORS.HOME CAPITAL GROUP INC - SUSAN E. HUTCHISON JOINED BOARD OF DIRECTORS EFFECTIVE SEPTEMBER 27, 2018.HOME CAPITAL GROUP INC - HOSSEIN RAHNAMA WAS APPOINTED AS ADVISOR TO BOARD OF DIRECTORS, EFFECTIVE JUNE 1, 2018.  Full Article

Home Capital Q4 Earnings Per Share C$0.38
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Home Capital Group Inc ::HOME CAPITAL REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE C$0.38.QTRLY ‍NET INTEREST INCOME $91.7 MILLION VERSUS $120.6 MILLION LAST YEAR ​.SAYS TOTAL LOANS UNDER ADMINISTRATION AT END OF QUARTER $22.51 BILLION, DECREASED BY 14.8% OR $3.91 BILLION FROM $26.42 BILLION AT END OF 2016.  Full Article

Home Capital Comments On Second Statement Of Claim
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Home Capital Group Inc ::HOME CAPITAL COMMENTS ON SECOND STATEMENT OF CLAIM.RECEIVED STATEMENT OF CLAIM ISSUED BY ROLAND KEIPER, BRIAN CHAPMAN, WHO OPTED OUT OF GLOBAL SETTLEMENT OF SECURITIES CLASS ACTION​.‍CLAIM BASED ON ALLEGATIONS OF COMMON LAW AND "STATUTORY MISREPRESENTATION AND OPPRESSIVE CONDUCT", SEEKS $2 MILLION IN DAMAGES​.  Full Article

Home Capital Says Victor Dirisio Appointed New Chief Information Officer
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Home Capital Group Inc ::HOME CAPITAL ANNOUNCES NEW CHIEF INFORMATION OFFICER AND OTHER EXECUTIVE LEADERSHIP APPOINTMENTS.HOME CAPITAL GROUP INC - VICTOR DIRISIO WILL BE JOINING COMPANY AS NEW CHIEF INFORMATION OFFICER.HOME CAPITAL GROUP INC - MIKE FORSHEE WILL JOIN COMPANY AS SENIOR VICE PRESIDENT, UNDERWRITING, EFFECTIVE JANUARY 1, 2018.  Full Article

‍West Face Confirms Draft Statement of Claim was Provided to Home Capital​
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - West Face Capital ::‍WEST FACE CAPITAL SAYS REVIEWED PRESS RELEASE ISSUED BY HOME CAPITAL AND CONFIRMS A DRAFT STATEMENT OF CLAIM WAS PROVIDED TO HOME CAPITAL​.‍WEST FACE CAPITAL SAYS IT ELECTED TO OPT OUT OF SETTLEMENT OF SECURITIES CLASS ACTION THIS PAST SUMMER AND RAISED ITS CLAIM WITH HOME CAPITAL DIRECTLY​.  Full Article

Home Capital Says Received Draft Statement Of Claim Prepared On Behalf Of West Face
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Home Capital Group Inc ::HOME CAPITAL - HAS RECEIVED DRAFT STATEMENT OF CLAIM PREPARED ON BEHALF OF WEST FACE.HOME CAPITAL GROUP - ‍WEST FACE LONG TERM OPPORTUNITIES GLOBAL MASTER LP OPTED OUT OF GLOBAL SETTLEMENT OF SECURITIES CLASS ACTION EARLIER THIS YEAR.HOME CAPITAL GROUP INC - ‍AMOUNT CLAIMED AS DAMAGES IN THE DRAFT STATEMENT OF CLAIM​ WOULD BE $70 MILLION.  Full Article

Home Capital Group Q3 ‍shr $ 0.37​
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Home Capital Group Inc :Home Capital reports third quarter 2017 results.Qtrly ‍shr $ 0.37​.Home Capital Group Inc-qtrly ‍total loans under administration were $23.2 billion compared to $26.0 billion as a result of sale of loans and lower originations​.‍During Q3, company's expenses were in line with management expectations​.Home Capital Group - ‍now estimates that balance of non-securitized single-family residential mortgages will be about $10 billion at end of 2017.Home Capital Group-‍moving forward into q4 and h1 2018, expects to experience some continued elevated costs associated with liquidity event.Qtrly ‍net interest income​ $88.8 million versus $119.9 million last year.  Full Article

Home Capital Group files final universal base shelf prospectus
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Home Capital Group Inc ::Home Capital Group files final universal base shelf prospectus.Prospectus qualifies offerings of up to $750 million of securities over a 25-month period​.Prospectus was filed to satisfy Co's obligations under registration rights agreement entered into with unit of Berkshire Hathaway​.Universal base shelf prospectus not commitment to undertake any financing, nor does it intends to offer securities from treasury under prospectus.  Full Article

Home Capital exits non-core businesses including sale of payment services interactive gateway
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Home Capital Group Inc ::Home Capital exits non-core businesses including the sale of payment services interactive gateway.Expects approximately $20 million in annual salary and other operating cost savings​.‍Resulting impact to net income on a full year basis is insignificant from sale of assets​.Company expects reduction in fee and other income of approximately $18 million from sale of businesses​.Agreed to enter into a transition services agreement and will continue to provide services for certain clients for up to a year​.‍Does not expect any significant costs to complete sale transaction ​.  Full Article

Home Capital appoints Edward Karthaus as Executive VP, Residential Lending Sales
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Home Capital Group Inc ::Home Capital announces executive leadership changes.Company does not intend to fill Chief Operating Officer position​.Edward Karthaus will be joining Home Capital as Executive Vice President, Residential Lending Sales on October 10​.Pino Decina, Executive Vice President, Residential Lending has departed from his roles​.Chris Whyte, Executive Vice President & Chief Operating Officer has departed from his roles.‍Chris Whyte, Executive Vice President & Chief Operating Officer, has departed from co.  Full Article

CANADA STOCKS - TSX rises 0.50 percent

NEW YORK, Nov 7 * The Toronto Stock Exchange's S&P/TSX rose 76.72 points, or 0.50 percent, to 15,369.43, its third straight day of gains. * Leading the index were Home Capital Group Inc, up 24 percent after its quarterly results and buyback plan, Maxar Technologies Ltd, up 12.9 percent, and Precision Drilling Corp , higher by 10.6 percent. * Lagging shares were NFI Group Inc, down 13.1 percent, Stars Group Inc, down 9.6 percent, and Iamgold Corp, lower by 8.2 percent. * On the TSX 15