TORONTO, Nov. 9, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported higher net income for the third quarter ended September 30, 2020 of $22.7 million ($0.92 earnings per share) compared to $14.6 million ($0.60 earnings per share) for the same period in the prior year. For the nine months ended September… [Read More]
MCAN Mortgage Corporation Announces Q2 2020 Results and Declares Q3 2020 Dividend
TORONTO, Aug. 12, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported solid net income of $7.8 million ($0.32 earnings per share) for the second quarter ended June 30, 2020. For the same period in the prior year, net income was $8.9 million ($0.37 earnings per share). For the six months ended… [Read More]
MCAN Mortgage Corporation Announces the Appointment of a New CFO
TORONTO, May 19, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) announces that Ms. Floriana Cipollone has been appointed as Vice President and Chief Financial Officer of MCAN. Ms. Cipollone has 30 years of progressive business experience, including over 20 years as a senior finance executive for public companies. She most recently served… [Read More]
MCAN Mortgage Corporation Announces Final Voting Results
TORONTO, May 13, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2020 Annual General Meeting of Shareholders held on May 12, 2020. By a vote by ballot, the director nominees listed in the table below were all elected as directors of the Company to serve… [Read More]
MCAN Mortgage Corporation Announces Q1 2020 Results
TORONTO, May 12, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported a net loss of $9.7 million ($0.40 loss per share) for the first quarter ended March 31, 2020, a decrease of 168% from net income of $14.3 million ($0.60 earnings per share) in the first quarter of 2019. In… [Read More]
MCAN Mortgage Corporation to Report First Quarter 2020 Results
TORONTO, May 5, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) will report its financial results for the three months ended March 31, 2020 before the market opens on May 12, 2020. Annual General Meeting of Shareholders MCAN invites all shareholders to participate in its Annual General Meeting on Tuesday,… [Read More]
MCAN Mortgage Corporation Provides COVID-19 Update and Announces Executive Departure
TORONTO, April 13, 2020 /CNW/ – In response to the COVID-19 pandemic, MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) has successfully moved to an entirely remote operation with no business interruption. MCAN is focused on the safety and well being of our team, customers and stakeholders. We are also focused on ensuring… [Read More]
MCAN Mortgage Corporation Announces Changes to Board of Directors
TORONTO, Feb. 26, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) announced today that Ian Sutherland will step down as Chair of the Board (the “Chair”), however will remain on the Board of Directors (the “Board”) to facilitate Board renewal and transition. Ian has held the position of Chair since… [Read More]
MCAN Mortgage Corporation Announces Fourth Quarter and 2019 Results and Increase to Quarterly Dividend
TORONTO, Feb. 26, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $10.6 million ($0.44 per share) for the fourth quarter ended December 31, 2019, an increase of 197% from $3.5 million ($0.15 per share) in the fourth quarter of 2018. In the fourth quarter of 2019, we… [Read More]
MCAN Mortgage Corporation Announces Third Quarter Results for 2019
TORONTO, Nov. 8, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $14.6 million ($0.60 per share) for the third quarter ended September 30, 2019, an increase of 32% from $11.0 million ($0.47 per share) in the third quarter of 2018. In the third quarter of 2019, we recorded… [Read More]
MCAN Mortgage Corporation Announces Second Quarter Results for 2019
TORONTO, Aug. 7, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $8.9 million ($0.37 per share) for the second quarter ended June 30, 2019, a decrease of 20% from $11.1 million ($0.47 per share) in the second quarter of 2018. In the second quarter of 2019, we… [Read More]
MCAN Mortgage Corporation Announces Final Voting Results
TORONTO, May 9, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) (TSX: “MKP”) today announced the final director election results from MCAN’s 2019 Annual and Special Meeting of Shareholders held in Toronto, Ontario, on May 8, 2019. By a vote of show of hands, the director nominees listed in the table below were all… [Read More]
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