Credit Rating Report

Home Capital Group Inc.: Rating Report

Banking Organizations

Summary

On March 16, 2020, DBRS Limited (DBRS Morningstar) upgraded the long-term ratings of Home Capital Group Inc. (HCG or the Group) to BB (high) from BB (low) and upgraded the Group’s short-term ratings to R-3 from R-4. DBRS Morningstar also upgraded the long-term ratings of HCG’s primary operating subsidiary, Home Trust Company (HTC or the Trust Company), to BBB (low) from BB and upgraded the Trust Company’s short-term ratings to R-2 (middle) from R-4.

Ratings

Home Capital Group Inc.
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:BB (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:R-3
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:BB (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:R-3
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Home Trust Company
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:R-2 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2020
  • Rating Action:Upgraded
  • Ratings:R-2 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating