Stock market symbol TSX: MKP TORONTO, Feb. 22, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $3.5 million ($0.15 per share) for the fourth quarter ended December 31, 2018, down 67% from $10.8 million ($0.47 per share) in the fourth quarter of 2017.  Net income for the fourth… [Read More]

Stock market symbol TSX: MKP TORONTO, Nov. 8, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $11.0 million ($0.47 per share) for the third quarter ended September 30, 2018, up 11% from $9.9 million ($0.42 per share) in the third quarter of 2017.  Highlights Financial Performance Q3 2018 Return… [Read More]

TSX: MKP TORONTO, Oct. 19, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) announces that Mr. Jeff Bouganim, MCAN’s Chief Financial Officer, will be resigning from the Company effective November 26, 2018. “On behalf of the entire Company and the Board, I would like to thank Jeff for his contribution and dedication to… [Read More]

TSX: MKP TORONTO, Oct. 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) announces the departure of Mr. William Jandrisits as President, CEO and director of MCAN.  The Board of Directors (the “Board”) would like to express its gratitude to Mr. Jandrisits for his contribution to MCAN over the past 8 years. The Board… [Read More]

Stock market symbolTSX: MKP TORONTO, Sept. 24, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced today that it has declared a dividend of $0.32 per share payable on January 2, 2019 to common shareholders of record as of December 14, 2018. This declared dividend represents a decrease of $0.05 per share from… [Read More]

Stock market symbol TSX: MKP TORONTO, Aug. 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $11.1 million ($0.47 per share) for the second quarter ended June 30, 2018, up 24% from $8.9 million ($0.39 per share) in the second quarter of 2017.  Highlights Financial Performance Q2 2018… [Read More]

Stock market symbol TSX: MKP TORONTO, May 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2018 Annual General Meeting of Shareholders held in Toronto, Ontario, on May 8, 2018. By a vote of show of hands, the director nominees listed in the table below were… [Read More]

Stock market symbol TSX: MKP TORONTO, May 8, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.6 million ($0.45 per share) for the first quarter ended March 31, 2018, up from $10.3 million ($0.44 per share) in the first quarter of 2017.  Highlights Financial Performance Return on average shareholders’… [Read More]

Stock market symbol TSX: MKP TORONTO, Feb. 23, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.8 million ($0.47 per share) for the fourth quarter ended December 31, 2017, up from $9.0 million ($0.39 per share) in Q4 2016.  Net income for fiscal 2017 was $39.9 million, down… [Read More]

TSX: MKP TORONTO, Nov. 10, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported Q3 2017 net income of $9.9 million, up from $9.8 million in Q3 2016.  Earnings per share decreased to $0.42 in Q3 2017 from $0.43 in Q3 2016.  Highlights Net Income Q3 2017 Net income was $9.9 million… [Read More]

Stock market symbolTSX: MKP TORONTO, Oct. 13, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced today that it has declared a dividend of $0.37 per share payable on January 2, 2018 to common shareholders of record as of December 15, 2017. This declared dividend represents an increase of $0.05 per share… [Read More]

Stock market symbolTSX: MKP TORONTO, Sept. 1, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”) today announced that Xceed Mortgage Corporation (in French, Corporation Hypothécaire Xceed), a wholly owned subsidiary of MCAN, will change its name to XMC Mortgage Corporation (in French, Corporation Hypothécaire XMC), effective September 1, 2017. “This new name is an important step… [Read More]