Real Estate Daily Report

Home Capital Group first-quarter profit slips as mortgage originations rise

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Home Capital Group first-quarter profit slips as mortgage originations rise GlobeBusiness

Home Capital Group Inc. says its first-quarter net income slipped by nearly 20 per cent from a year ago despite growth in its mortgage portfolio.

But Home Capital’s earnings for the quarter amounted $27.8 million or 45 cents per share, compared with $34.6 million in net income or 43 cents per share during the first quarter of 2018.That fell short of the 48 cents in earnings per share expected by analysts, according to Thomson Reuters Eikon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Home Capital Group first-quarter profit slips as mortgage originations riseHome Capital Group Inc. says its first-quarter net income slipped by nearly 20 per cent from a year ago despite growth in its mortgage portfolio.
Source: CP24 - 🏆 30. / 67 Read more »

Douglas Todd: A Vancouver housing tale, all within 50 metres of homeOpinion: I’ve observed seven major Metro Vancouver housing shifts, all within 50 metres of my home. I bet you have, too
Source: VancouverSun - 🏆 49. / 61 Read more »