Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesMCAN Mortgage Corporation

MCAN Mortgage Corporation

Financial Services Mortgage Finance
PortfolioPortfolio WatchlistWatchlist
Company price
22.14 CAD 0.26 ( 1.19%)
Last update at 2026-11-04T20:30:00Z
VOLUME
73324
Market Cap
978.88M
P/E
12.76

Momentum Score

…

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in real estate lending and investing, including residential mortgage and construction lending, non-residential construction and commercial lending, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through a network of independent financial agents, as well as through a direct-to-consumer channel. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1991 and is headquartered in Toronto, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
21.98
Low
22.28
High
52 Week Price Range
17.05
Low
25.01
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

MCAN Mortgage Corporation is a Canadian mortgage investment company that originates, acquires and manages residential and commercial mortgage loans, providing alternative lending solutions across multiple provinces. Long-term growth may be supported by origination scale, recurring servicing and fee income, continued demand for non-bank credit, and the ability to earn spreads above funding costs.
Principal risks include credit losses from property-price declines, interest-rate and liquidity pressures that could compress margins, and regulatory or funding-access changes that may constrain origination.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
21.88
Dividend Yield
6.75%
Revenue TTM
133.80M
Revenue Per Share
3.38
Gross Profit TTM
133.80M
Debt / Equity
5.38
ROE
12.04%
Net Debt
3317.93M
ROCE
2.29%
Diluted EPS TTM
1.89

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 74.62M 76.55M 78.23M 55.07M 63.97M
Net income 74.87M 77.59M 77.50M 55.35M 64.36M
Selling general administrative 31.82M 11.97M 10.76M 9.03M 9.08M
Selling and marketing expenses - - 22.82M - -
Gross profit 181.43M 127.28M 123.13M 88.43M 96.50M
Ebit 147.86M - 95.44M - -
Ebitda 150.13M 76.55M 78.23M 132.12M 120.34M
Depreciation and amortization 2.27M - 0.64M - -
Operating income 114.42M 76.55M 78.23M 132.12M 120.34M
Other operating expenses 180.79M 221.71M 167.65M 33.37M 32.53M
Interest expense 73.24M 170.98M 122.75M 77.05M 56.38M
Tax provision -0.25M -1.03M 0.73M -0.29M -0.40M
Interest income 276.26M 258.80M 209.39M 134.23M 0.33M
Net interest income 95.84M 87.82M 86.65M 57.18M 44.59M
Income tax expense -0.25M -1.03M 0.73M -0.29M -0.40M
Total revenue 295.21M 298.26M 245.88M 88.43M 96.50M
Total operating expenses 67.01M 50.73M 44.90M 33.37M 32.53M
Cost of revenue 113.78M 170.98M 122.75M 72.22M 52.20M
Total other income expense net -39.80M - -12.14M -77.05M -56.38M
Net income from continuing ops 74.87M 77.59M 77.50M 55.35M 64.36M
Net income applicable to common shares - 77.59M 77.50M 55.35M 64.36M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 6477.47M 5347.56M 4739.09M 4078.68M 3808.07M
Intangible assets 3.43M 1.61M 0.84M 0.37M 0.35M
Other current assets - - -146.67M 45.47M 62.89M
Total liab 5832.62M 4748.38M 4207.24M 3589.37M 3374.81M
Total stockholder equity 644.85M 599.19M 531.84M 489.31M 433.26M
Other current liab -30.59M - -23.88M -20.55M -18.71M
Common stock 491.01M - 406.53M 389.99M 315.34M
Capital stock 491.01M 456.68M 406.53M 389.99M 315.34M
Retained earnings 153.44M 143.62M 124.71M 98.99M 117.41M
Good will - - 0.34M - -
Other assets - - 54.56M 46.99M 64.22M
Cash 151.68M 61.70M 60.34M 78.21M 122.27M
Cash and equivalents - - - 78.21M 122.27M
Total current liabilities 19.51M - 23.88M 20.55M 18.71M
Current deferred revenue - - -41.20M - -
Net debt 3317.93M - 6.04M -69.61M 1572.84M
Short term debt 19.51M - 65.08M 1826.36M 1759.54M
Short long term debt total 3469.61M - 66.38M 8.60M 1695.11M
Other stockholder equity 0.51M - -124.20M 0.33M 0.51M
Property plant equipment - - - 2.05M 2.39M
Total current assets 216.10M - 2480.30M 81.32M 3517.29M
Long term investments 316.64M 308.55M 2201.78M 3947.94M 223.82M
Net tangible assets - - - 488.94M 432.91M
Short term investments 54.15M - 50.32M - -
Net receivables 10.27M - 2419.95M 3.11M 3395.02M
Long term debt - - - 1740.39M 1535.08M
Inventory - - 146.67M - -
Accounts payable 30.59M 30.75M 23.88M 20.55M 18.71M
Accumulated other comprehensive income -0.12M - 0.10M - -
Non currrent assets other 44.37M - -0.34M -3950.36M -226.56M
Non current assets total 6261.37M - 2204.23M 3950.36M 226.56M
Long term debt total - - - 1742.46M 1537.51M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 13.79M 17.19M 18.07M 17.86M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -1081.19M 13.79M 17.19M 18.07M 17.70M
Net borrowings 21.52M -58.03M 57.78M -92.37M 98.20M
Total cash from financing activities 42.03M -66.20M 24.54M -90.39M 129.22M
Change to operating activities - - - -18.02M -142.59M
Net income 74.87M 77.59M 77.50M 55.35M 64.36M
Change in cash 42.73M 1.36M -17.86M -44.06M 33.34M
Begin period cash flow 108.95M 60.34M 78.21M 122.27M 88.93M
End period cash flow 151.68M 61.70M 60.34M 78.21M 122.27M
Total cash from operating activities 1068.73M 53.77M -59.59M 28.27M -113.57M
Issuance of capital stock 22.39M 34.11M 2.08M 38.16M 53.22M
Depreciation 2.27M 1.03M 0.64M 0.59M 0.68M
Other cashflows from investing activities -1075.64M 18.59M 17.86M 18.35M 17.86M
Dividends paid 54.13M -42.28M -35.33M 36.18M 22.20M
Sale purchase of stock - 34.11M 2.08M 38.16M 53.22M
Other cashflows from financing activities 52.26M - 17.19M 18.07M 98.55M
Change to netincome - - - -9.65M -36.02M
Capital expenditures 2.99M 4.80M 0.67M 0.28M 0.16M
Change in working capital 977.65M -15.23M -132.57M -18.02M -142.59M
Stock based compensation - - 1.94M - -
Other non cash items 13.94M -8.58M -4.52M -9.07M -35.34M
Free cash flow 1065.74M 48.97M -60.26M 27.98M -113.73M

Peer Comparison*

Sector: Financial Services Industry: Mortgage Finance

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MKP
MCAN Mortgage Corporation		 0.26
1.19%		 22.14 12.76 12.08 7.32 1.53 6.88 3.47
DLCG
Dominion Lending Centres Inc		 0.20
2.44%		 8.60 31.94 20.04 7.92 5.68 8.29 17.75
AI
Atrium Mortgage Investment Corp		 0.16
1.43%		 11.34 11.69 11.75 9.56 1.11 12.51 -
TF
Timbercreek Financial Corp		 0.15
2.92%		 5.28 16.21 10.68 10.28 0.85 7.72 26.55
FC
Firm Capital Mortgage Invest Corp		 0.16
1.54%		 10.55 12.07 12.11 10.52 1.05 10.93 -

Profile*

MCAN Mortgage Corporation

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in real estate lending and investing, including residential mortgage and construction lending, non-residential construction and commercial lending, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through a network of independent financial agents, as well as through a direct-to-consumer channel. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1991 and is headquartered in Toronto, Canada.

200 King Street West, Toronto, ON, Canada, M5H 3T4

416 572 4880

https://mcanfinancial.com

163

Name Title Year Born
Ms. Karen H. Weaver CPA, ICD.D Pres, CEO & Non-Independent Director 1959
Ms. Floriana Cipollone B.Comm., C.A Sr. VP & CFO 1967
Mr. Avish Buck Sr. VP & COO NA
Mr. Carl Scott Brown Sr. VP of Investments & Corp. Devel. NA
Mr. Michael Edward Jensen VP, Chief Compliance Officer and Chief Anti-Money Laundering & Privacy Officer NA
Michelle Liotta VP of HR NA
Mr. Eugene Basolini Pres of MTC Leasing Inc and Chief Operating Officer of MTC Leasing Inc NA
Ms. Sylvia Pinto VP, Corp. Sec. & Governance Officer NA
Ms. Milica Pejic VP & Chief Audit Officer NA
Ms. Nazeera Khan VP & Chief Audit Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.50
+15.05%
DSV
CAD 11.02
+14.55%
USA
CAD 4.29
+13.19%
NUAG
CAD 7.70
+12.90%
GMIN
CAD 43.79
+12.86%
DRUG
CAD 26.11
-29.58%
HUT
CAD 68.98
-22.41%
UCU
CAD 2.09
-14.34%
VET
CAD 14.87
-14.29%
PHX
CAD 10.96
-13.56%

Equity Sectors*

  • Basic Materials

    +5.46%

  • Communication Services

    +3.38%

  • Consumer Cyclical

    +3.11%

  • Consumer Defensive

    +1.35%

  • Energy

    -4.79%

  • Financial Services

    +2.66%

  • Healthcare

    -0.72%

  • Industrials

    -0.11%

  • Real Estate

    +1.84%

  • Technology

    +1.05%

  • Utilities

    +0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…