EC

ECN Capital Corp

ECN.TO
TSXFinancials
$3.10
USD
+0.01(+0.32%)
At close: Apr 30, 20:29 UTC
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Open

$3.10

Prev. Close

$3.09

High

$3.10

Low

$3.09

Market Snapshot

Market Cap

$792.82M

P/E Ratio

30.9

EPS

0.05

Revenue

$273.79M

Employees

740

Why ECN.TO moved

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About

ECN Capital Corp. provides business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds. The company is headquartered in Toronto, Ontario and currently employs 690 full-time employees. The company went IPO on 2016-09-28. The firm is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The firm operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.

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