Home Capital Group Inc. – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 06 Mar 2023 18:30:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Home Capital Group Inc. – Investment Executive https://www.investmentexecutive.com 32 32 Canada’s smaller banks face higher credit risks: DBRS https://www.investmentexecutive.com/news/research-and-markets/canadas-smaller-banks-face-higher-credit-risks-dbrs/ Mon, 06 Mar 2023 18:30:16 +0000 https://www.investmentexecutive.com/?p=461545 Less diversified, riskier loan portfolios leave banks more vulnerable to downturn

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Home Capital reports Q3 profit up from year ago, mortgage originations up https://www.investmentexecutive.com/news/industry-news/home-capital-reports-q3-profit-up-from-year-ago-mortgage-originations-up/ Wed, 13 Nov 2019 15:41:33 +0000 https://www.investmentexecutive.com/?p=390607 The mortgage lender reported a profit of $39 million in the third quarter

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DBRS upgrades Home Capital Group https://www.investmentexecutive.com/news/research-and-markets/dbrs-upgrades-home-capital-group/ Fri, 15 Mar 2019 15:03:50 +0000 https://www.investmentexecutive.com/?p=378416 Rating agency notes firm's turnaround

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West Face files $70-million claim against Home Capital https://www.investmentexecutive.com/news/industry-news/west-face-files-70-million-claim-against-home-capital/ Tue, 12 Dec 2017 14:00:00 +0000 https://avatar.investmentexecutive.com/uncategorized/west-face-files-70-million-claim-against-home-capital/ Alternative asset manager alleges mortgage lender’s disclosure was inaccurate and misleading

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Home Capital vows to defend itself from possible $70-million short-seller claim https://www.investmentexecutive.com/news/industry-news/home-capital-vows-to-defend-itself-from-possible-70-million-short-seller-claim/ Tue, 28 Nov 2017 18:40:00 +0000 https://avatar.investmentexecutive.com/uncategorized/home-capital-vows-to-defend-itself-from-possible-70-million-short-seller-claim/ West Face says it covered its short position during a period in which it now believes that market prices of Home Capital shares were inflated due to incomplete public disclosures

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Home Capital net income falls more than half in Q3 https://www.investmentexecutive.com/news/industry-news/home-capital-net-income-falls-more-than-half-in-q3/ Wed, 15 Nov 2017 12:30:00 +0000 https://avatar.investmentexecutive.com/uncategorized/home-capital-net-income-falls-more-than-half-in-q3/ The mortgage lender’s top priority is to grow its residential and commercial business lines to more normal and sustainable levels, CEO says

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Home Capital shuffles executives https://www.investmentexecutive.com/news/industry-news/home-capital-shuffles-executives/ Tue, 03 Oct 2017 19:00:00 +0000 https://avatar.investmentexecutive.com/uncategorized/home-capital-shuffles-executives/ The turnover follows the departure last week of Greg Parker

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Home Capital exec to exit months after assuming role https://www.investmentexecutive.com/news/industry-news/home-capital-exec-to-exit-months-after-assuming-role/ Thu, 28 Sep 2017 21:30:00 +0000 https://avatar.investmentexecutive.com/uncategorized/home-capital-exec-to-exit-months-after-assuming-role/ CFO Brad Kotush will assume departing Greg Parker’s responsibilities

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Home Capital shareholders reject additional Buffett investment https://www.investmentexecutive.com/news/industry-news/home-capital-shareholders-reject-additional-buffett-investment/ Tue, 12 Sep 2017 17:40:00 +0000 https://www.investmentexecutive.com/uncategorized/home-capital-shareholders-reject-additional-buffett-investment/ More than 88% of shareholders rejected a plan that would have seen Buffett’s Berkshire Hathaway acquire 23.9 million more shares for $246.7 million

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Proxy firm ISS against Buffett bid to increase stake in Home Capital https://www.investmentexecutive.com/news/industry-news/proxy-firm-iss-against-buffett-bid-to-increase-stake-in-home-capital/ Wed, 30 Aug 2017 20:10:00 +0000 https://www.investmentexecutive.com/uncategorized/proxy-firm-iss-against-buffett-bid-to-increase-stake-in-home-capital/ The alternative lender favours Berkshire Hathaway’s bid, despite the advisory from ISS

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