Home Capital (HCG.TO) (HMCBF)

m22au · May 29, 2017

Fri May 19 announcement (4.30pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-203000247.html

Mon May 22 was the Victoria Day holiday in Canada
https://www.timeanddate.com/calendar/?year=2017&country=27
https://www.timeanddate.com/holidays/canada/victoria-day

Tue May 23 announcement (5.18pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-211800834.html

Wed May 24 announcement (5.36pm ET)
Company provides details of upcoming mortgage maturities and deposit maturities
https://finance.yahoo.com/news/home-capital-completes-repayment-deposit-213600231.html
http://www.newswire.ca/news-release...uidity-deposits-and-maturities-624159873.html

Thu 25 May announcement
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624419593.html

Fri 26 May announcement (5.28pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-212800413.html
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624667114.html

From the company homepage in PDF format:
http://www.homecapital.com/press_releases.asp

From newswire.ca in HTML format:
http://www.newswire.ca/news/home-capital-group-inc

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m22au · May 31, 2017

Fri May 19 announcement (4.30pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-203000247.html

Mon May 22 was the Victoria Day holiday in Canada
https://www.timeanddate.com/calendar/?year=2017&country=27
https://www.timeanddate.com/holidays/canada/victoria-day

Tue May 23 announcement (5.18pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-211800834.html

Wed May 24 announcement (5.36pm ET)
Company provides details of upcoming mortgage maturities and deposit maturities
https://finance.yahoo.com/news/home-capital-completes-repayment-deposit-213600231.html
http://www.newswire.ca/news-release...uidity-deposits-and-maturities-624159873.html

Thu 25 May announcement (4.32pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624419593.html

Fri 26 May announcement (5.28pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-212800413.html
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624667114.html

Mon 29 May announcement (5.31pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625167904.html

Tue 30 May announcement (5.03pm ET)
"Home Capital Provides Update on Liquidity and Non-Securitized Mortgage Portfolio"
https://finance.yahoo.com/news/home-capital-provides-liquidity-non-210300518.html
http://www.newswire.ca/news-release...securitized-mortgage-portfolio-625380423.html

From the company homepage in PDF format:
http://www.homecapital.com/press_releases.asp

From newswire.ca in HTML format:
http://www.newswire.ca/news/home-capital-group-inc

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m22au · May 31, 2017

30 May announcement:
http://www.newswire.ca/news-release...securitized-mortgage-portfolio-625380423.html

Liquid assets:
Thu 25 May: $720 million ($1.07 billion - $350 million credit line)
Fri 26 May: $720 million ($1.07 billion - $350 million credit line)
Mon 29 May: $740 million ($1.09 billion - $350 million credit line)

Credit line usage from the $2.0 billion facility:
Mon 22 May: $1.40 billion
Tue 23 May: $1.65 billion

GIC deposits:
Fri 26 May: $12.260 billion
Mon 29 May: $12.208 billion

Despite the decline in GICs of over $50 million on 29 May, liquid assets increased to $740 million. This is probably a result of a decline in loan (asset) balances. (Loan repayments result in an increase in cash but a decrease in loan assets).
This theory is supported by the announcement on 30 May about the company's non-securitized mortgage portfolio:

"the Company projects that outstanding non-securitized single-family residential mortgage balances will decline over the course of the next few quarters to approximately $10 - $11 billion at year end 2017, compared with $12.6 billion as at March 31, 2017."

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m22au · Jun 1, 2017

Tue May 23 announcement (5.18pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-211800834.html

Wed May 24 announcement (5.36pm ET)
Company provides details of upcoming mortgage maturities and deposit maturities
https://finance.yahoo.com/news/home-capital-completes-repayment-deposit-213600231.html
http://www.newswire.ca/news-release...uidity-deposits-and-maturities-624159873.html

Thu 25 May announcement (4.32pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624419593.html

Fri 26 May announcement (5.28pm ET)
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-212800413.html
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-624667114.html

Mon 29 May announcement (5.31pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625167904.html

Tue 30 May announcement (5.03pm ET)
"Home Capital Provides Update on Liquidity and Non-Securitized Mortgage Portfolio"
https://finance.yahoo.com/news/home-capital-provides-liquidity-non-210300518.html
http://www.newswire.ca/news-release...securitized-mortgage-portfolio-625380423.html

Wed 31 May announcement (4.39pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625541404.html
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-203900440.html

From the company homepage in PDF format:
http://www.homecapital.com/press_releases.asp

From newswire.ca in HTML format:
http://www.newswire.ca/news/home-capital-group-inc

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m22au · Jun 4, 2017

Wed May 24 announcement (5.36pm ET)
Company provides details of upcoming mortgage maturities and deposit maturities
https://finance.yahoo.com/news/home-capital-completes-repayment-deposit-213600231.html
http://www.newswire.ca/news-release...uidity-deposits-and-maturities-624159873.html

Mon 29 May announcement (5.31pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625167904.html

Tue 30 May announcement (5.03pm ET)
"Home Capital Provides Update on Liquidity and Non-Securitized Mortgage Portfolio"
https://finance.yahoo.com/news/home-capital-provides-liquidity-non-210300518.html
http://www.newswire.ca/news-release...securitized-mortgage-portfolio-625380423.html

Wed 31 May announcement (4.39pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625541404.html
https://finance.yahoo.com/news/home-capital-provides-liquidity-deposits-203900440.html

Thu 01 June announcement (4.30pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625775894.html

Fri 02 June announcement (4.30pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625993183.html

From the company homepage in PDF format:
http://www.homecapital.com/press_releases.asp

From newswire.ca in HTML format:
http://www.newswire.ca/news/home-capital-group-inc

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m22au · Jun 4, 2017

Fri 02 June announcement
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-625993183.html

The total liquidity figure of $1.11 billion is comprised of:
undrawn amount of credit line $350 million
company assets $760 million

Interesting to see that the liquidity of $1.11 billion has steadily increased since May 25 and May 26 when it reached a level of $1.07 billion. This is an increase of $40 million.

Since that date, HISA balances have declined by about $3 million, and Oaken balances have declined by about $2 million, and GIC balances have declined by about $81 million.

However despite these declines, liquidity has increased - probably due to loans repayments, and a decision to reduce new lending.

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m22au · Jun 8, 2017

m22au · Jun 8, 2017

Wed 07 June announcement (4.30pm ET)
http://www.newswire.ca/news-release...date-on-liquidity-and-deposits-627080741.html

Liquidity has been relatively stable since May 25.

May 25: $1.07 billion
May 26: $1.07 billion
June 2: $1.06 billion
June 6: $1.10 billion (most recent data from 7 June announcement)

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Martinghoul · Jun 22, 2017

And BOOM! Uncle Warren to the rescue:
http://www.reuters.com/article/us-home-capital-berkshire-hatha-idUSKBN19D08X

m22au · Jun 22, 2017

You beat me to it Martinghoul!

PR from Home Capital:
21 Jun, 2017 at 23:07 ET

http://www.newswire.ca/news-release...new-c2-billion-credit-facility-630038203.html

"Home Capital Reaches Agreement with Berkshire Hathaway for Investment of up to C$400 Million in Common Equity and Provision of New C$2 Billion Credit Facility "

Page for Home Capital press releases:
http://www.newswire.ca/news/home-capital-group-inc

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