Nov 7 (Reuters) - Home Capital Group Inc HCG.TO :
* HOME CAPITAL ANNOUNCES THIRD QUARTER RESULTS ALONG WITH BOARD APPROVAL FOR A SUBSTANTIAL ISSUER BID OF UP TO $300 MILLION IN THE FOURTH QUARTER AND INTENTION TO APPLY TO THE TSX FOR A NORMAL COURSE ISSUER BID EFFECTIVE 2019
* Q3 EARNINGS PER SHARE C$0.41
* Q3 EARNINGS PER SHARE VIEW C$0.36 -- THOMSON REUTERS I/B/E/S
* QTRLY NET INTEREST MARGIN WAS 2.03PCT COMPARED WITH 1.91PCT IN Q2 2018
* MORTGAGE ORIGINATIONS WERE $1.44 BILLION IN Q3 2018, UP 16.7% OVER Q2 ORIGINATIONS
* SINGLE-FAMILY RESIDENTIAL MORTGAGE ORIGINATIONS WERE $1.02 BILLION IN Q3 2018, AN INCREASE OF $66.7 MILLION OR 7.0PCT FROM Q2
* TOTAL LOANS AT END OF QUARTER WERE $16.04 BILLION, AN INCREASE OF $594.8 MILLION OR 3.9 PCT FROM Q2
* AT QUARTER-END LOANS UNDER ADMINISTRATION WERE $22.82 BILLION, UP 1.4PCT FROM Q2 2018
* AT QUARTER-END, TOTAL DEPOSITS WERE $12.36 BILLION COMPARED TO $12.50 BILLION AT END OF Q2 2018
* TOTAL PROVISION FOR CREDIT LOSSES WAS $4.0 MILLION IN Q3 2018 COMPARED WITH $6.5 MILLION IN Q2 2018
* HOSSEIN RAHNAMA HAS NOW JOINED BOARD OF DIRECTORS EFFECTIVE NOVEMBER 6
* EXPECTS THAT MARKET CONDITIONS EXPERIENCED IN Q3 WILL CONTINUE FOR BALANCE OF 2018
* GROWTH IN ORIGINATIONS SUGGESTS LENDING MARKET HAS BEGUN TO ABSORB IMPACT OF NEW MORTGAGE RULES
* ORIGINATIONS SUGGESTS CO'S LENDING MARKET IS ADJUSTING TO A HIGHER INTEREST RATE ENVIRONMENT
* QTRLY NET INTEREST INCOME $89.8 MILLION VERSUS $88.8 MILLION
* Q3 REVENUE VIEW C$87.4 MILLION -- THOMSON REUTERS I/B/E/S