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BRIEF-Home Capital Q2 Earnings Per Share C$0.37

Published 2018-08-13, 06:33 p/m
© Reuters.  BRIEF-Home Capital Q2 Earnings Per Share C$0.37

Aug 13 (Reuters) - Home Capital Group Inc HCG.TO :

* QTRLY NET INTEREST INCOME $84.1 MILLION VERSUS NET INTEREST LOSS $3.4 MILLION

* HOME CAPITAL REPORTS SECOND QUARTER 2018 RESULTS

* Q2 EARNINGS PER SHARE C$0.37

* Q2 EARNINGS PER SHARE VIEW C$0.38 -- THOMSON REUTERS I/B/E/S

* Q2 NON-SECURITIZED SINGLE-FAMILY RESIDENTIAL MORTGAGES OF $10.21 BILLION, A 0.5% DECREASE OR $56.1 MILLION FROM $10.26 BILLION IN Q1

* HOME CAPITAL GROUP - COMMON EQUITY TIER 1 WAS 23.21% AT JUNE 30 VERSUS 23.64% AT MARCH 31, 2018

* HOME CAPITAL GROUP - TOTAL CAPITAL RATIOS WAS 23.67% AT JUNE 30, 2018 VERSUS 24.12% AT MARCH 31, 2018

* HOME CAPITAL GROUP - LEVERAGE RATIO WAS 8.96% AT JUNE 30, 2018 VERSUS 9.02% AT MARCH 31, 2018

* HOME CAPITAL - CORE RESIDENTIAL & COMMERCIAL LENDING BUSINESS "CONTINUED TO SHOW RESILIENCE" AGAINST CHALLENGES

* HOME CAPITAL- TOTAL LOANS UNDER ADMINISTRATION OF $22.51 BILLION IN Q2 END, INCLUDING SECURITIZED MORTGAGES QUALIFYING FOR OFF-BALANCE SHEET ACCOUNTING

* QTRLY SINGLE-FAMILY RESIDENTIAL MORTGAGE ORIGINATIONS OF $949.3 MILLION COMPARED WITH $869.7 MILLION IN Q1 2018

* HOME CAPITAL - CREDIT FACILITY BY BERKSHIRE UNIT MATURED ON JUNE 29 & WAS REPLACED WITH A $500 MILLION FACILITY BY A SYNDICATE OF BANKS

* NET LOSS IN Q2 INCLUDES IMPACT OF $130.6 MILLION OF INTEREST AND FEES ON A LINE OF CREDIT FACILITY

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