Highlights Mortgages advanced increased 93% YoY, as the company had significant cash at the beginning of Q2, due to high repayments in Q1. Revenue and net income were down 20% and 13% YoY, respectively, and fell below our...Read More
Company Name: Builders Capital Mortgage Corp.
Highlights Q1-2021 revenue remained flat YoY, but EPS increased 19% due to lower loan loss...Read More
Builders Capital Mortgage Corp. (TSXV: BCF)Maintains Its Spot as the Highest Dividend Yielding Public MIC
Highlights Shares are up 9% since we initiated coverage in February 2021. To read more about...Read More
BCF is one of the five publicly traded MICs in the country. BCF’s portfolio is relatively small vs other publicly traded MICs. However, the company has the highest lending rate, and dividend yield, due to its focus on construction mortgages, which is a higher-risk segment.Read More