This press release contains forward-looking statements regarding ECN Capital and its business. ecn capital corp. : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Toronto Stock Exchange: ECN | Toronto Stock Exchange Advanced search Ms. Melchior previously served on the board of directors of numerous private and public companies and currently serves on the board of directors of Dejero Labs Inc., Pathfactory Inc., the Toronto Biennial of Art and the Canadian Venture Capital & Private Equity Association. Jim Nikopoulos was promoted to president of ECN Capital at the company's board of directors meeting on May 11. Mr. Vukanovich is an entrepreneurial leader who has built teams that delivered growth through various business cycles over the last 30 years. Total Earning Assets Managed and Advisory as at March 31, 2021 were $33.0 billion, versus $33.1 billion as at December 31, 2020 and $33.6 billion at March 31, 2020. | Source: Intercoastal Finance Group originates prime and super-prime loans on behalf of more than 18 bank Partners. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. On behalf of the board of directors (the "Board") and management of ECN Capital Corp. ("ECN Capital" or the "Corporation"), we are pleased to invite you to our annual meeting (the "Meeting") of common shareholders (the "Shareholders") of the Corporation. ECN Capital Announces Annual Meeting Voting Results. Press ESC key to close search | Source: Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. $, 8 M Canadian Imperial Bank of Commerce will act as administrative agent and syndication agent, and Bank of Montreal will act as collateral agent. Overview Pierre Lortie Independent Director, ECN Capital Corp. Pierre Lortie is a businessperson who has been at the helm of 15 different companies. susie.angelucci@monitordaily.com, Visit our sister website for news, information, exclusive articles, US Financial Partners. Accordingly, readers should not place undue reliance on any forward-looking statements or information. This dividend is designated to be an eligible dividend for purposes of section 89(1) of the Income Tax Act (Canada). Show more Leadership Team Show more 3.0yrs Average Tenure Experienced Management: ECN.PRC's management team is considered experienced (3 years average tenure). ECN had strong Q1 results across each of the businesses, said Steven Hudson, CEO of ECN Capital Corp. $0.08 per share is at the high end of our Q1 guidance of $0.07-$0.08 from our Investor Day. 100+. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Marine and Recreational Vehicle Finance. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. - International Small-Cap Equity Factor ETF, IG Mackenzie Canadian Small/Mid-Cap Fund II. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. This press release contains forward-looking statements regarding ECN Capital and its business. http://services.choruscall.ca/links/ecncapitalcorp20210512.html. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The Companys Board of Directors declared the following dividends on ECN Capitals preferred shares: The Company will host its analyst briefing to discuss these results commencing at 5:30 PM (ET) on Wednesday, May 12, 2021. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Originations for the three-month period ended March 31, 2021 were $662 million versus $728 million in the previous three-month period and $509 million for the same period last year. TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (ECN Capital or the Company), one of North Americas leading commercial finance companies, today announced that it has entered into a definitive agreement (the Transaction Agreement) with Truist Bank, the wholly owned bank subsidiary of Truist Financial Corporation (NYSE: TFC) (Truist) to sell all of the issued and outstanding equity interests in each of Service Finance Company, LLC and Service Finance Holdings, LLC (together SFC), each a wholly-owned, indirect subsidiary of the Company, for cash proceeds of US$2 billion (the Transaction). Advertising: 484.459.3016 ECN Capital Fourth-Quarter Adjusted Profit Falls 65%, Misses Expectations, ECN Capital Brief: Reporting US$0.02 in Adjusted Net Income per Common Share in Q4 2022; Review of Strategic Alternatives Initiated to Maximize Long-Term Growth and Value, ECN CAPITAL CORP. : Q4 2022 Earnings Release, ECN Capital Corp. Declares Quarterly Dividend, Payable on April 20, 2023, ECN CAPITAL CORP. : Q4 2022 Earnings Call, ECN Capital Corp.(TSX:ECN) dropped from S&P/TSX Capped Composite Index, ECN Capital Corp.(TSX:ECN) dropped from S&P/TSX Completion Index, ECN Capital Corp.(TSX:ECN) dropped from S&P/TSX Composite Index, Silver Beech Capital Management LLC Makes Public Its Letter to ECN Highlighting "Substantial Upside Opportunity" in ECN's Shares, ECN Capital Brief: Sees 100%+ Upside to Current Share Price Given the Deep Discount ECN is Currently Trading At. Our Partners are seeking high quality assets to match with their deposits or other liabilities. The Company's Board of Directors has authorized and declared a quarterly dividend of C$0.4960625 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series C (TSX: ECN.PR.C) to be paid . Toth has been a corporate director of LOGiQ Asset Management since December 2016 serving on the finance and audit and the governance, nominating and compensation committees. He led the very successful sale of our U.S. C&V Business to PNC, said Steven Hudson, ECN Capitals CEO. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. | June 18, 2023 Mr. McMahon holds a Master of Business Administration degree from the Fuqua School of Business at Duke University and holds a Bachelor of Science degree in Economics from Villanova University. The Kessler Group business develops partnerships, optimize the value of credit card portfolios, fund risk-based marketing campaigns, and develop and execute marketing strategies. TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (" ECN Capital " or the " Company ") announced today that the Company's Board of Directors has authorized and declared a quarterly dividend of C$0.4960625 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series C (TSX: ECN.PR.C) to be paid on March 31, 2023 to . With managed and advised assets of US$33 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds (collectively our Partners). She currently serves on the board of directors and Audit Committee of ECN Capital (TSX:ECN), a leading provider of business services to North American based financial institutions and financial services companies, and is a director and Chair of the Audit Committee of online financial technology company Propel Holdings (TSX:PRL). However, despite this, our read more. 6. Nikopoulos previously served as chief operating officer. Previously, he was Vice Chair and Chief Financial Officer of First American Corporation and Chief Executive Officer of the Information Solutions Group, LLC (renamed CoreLogic, Inc. in 2010). Following the closing of the Transaction, ECN Capital intends to pay a special dividend of C$7.50 per common share or approximately US$1.5 billion from the net proceeds (after estimated taxes and transaction costs; based on ECNs current issued and outstanding common shares as of August 10, 2021), to its common shareholders. With managed and advised assets of US$33 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds (collectively, our Partners). 1. Mr. Foster has been a Director since June 15, 2016 and was appointed as Lead Independent Director on November 20, 2020. The Company's Board of Directors has authorized and declared a quarterly dividend of C$0.4960625 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series C (TSX: ECN.PR.C) to be paid . Susie Angelucci Aug 2019 - Present4 years Toronto, Canada Area ECN operates through three long-standing, market-leading businesses with unparalleled experience and expertise: Service Finance - home improvement. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. A full description of these measures can be found in the Management Discussion & Analysis that accompanies the financial statements for the three-month period ended March 31, 2021. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and ECN Capital does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Ms. Melchior is a former Managing Director of OMERS Private Equity, where she led the North American Technology Investment Group. ECN Capital Corp. Steven K. Hudson Chief Executive Officer & Director: ECN Capital Corp. Karen L. Martin Independent Director: ECN Capital Corp., Propel Holdings, Inc., Real Matters, Inc. One of my co-workers was Maureen Boyle, an effervescent, fun red-head who I adored. Announces Board Changes, ECN CAPITAL CORP. : Annual General Meeting, ECN Capital Downgraded to Market Perform at Raymond James, ECN Capital Declines 22%, Downgraded to Hold at TD, ECN Capital Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023, ECN Capital Q1 Loss Widens, Adjusted Profit Misses Expectations, ECN CAPITAL CORP. : Q1 2023 Earnings Release, ECN Capital Brief: Reporting US$0.01 in Adjusted Net Income per Common Share in Q1-2023; Says Review of Strategic Alternatives Ongoing, ECN Capital Corp. Declares Quarterly Dividend, Payable on June 30, 2023, ECN CAPITAL CORP. : Q1 2023 Earnings Call, North American Morning Briefing: Stock Futures -2-, CIBC Raises Price Target on ECN Capital to $3.50, Lowers Fiera Capital to $8, ECN Capital Price Target Trimmed to $4.50 by National Bank on Q4 Results, Lower Guidance, ECN Capital Downgraded to Neutral at CIBC. He currently leads PMV Consulting Inc., a company which provides a variety of advisory services relating to the mortgage industry to a number of financial services clients. In some cases the forward-looking statements can be identified by words or phrases such as may, will, expect, plan, anticipate, intend, potential, estimate, believe or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Copyright FactSet Research Systems Inc. All rights reserved. I want to congratulate all of our team members for producing excellent results in the first quarter and while we are reiterating full year 2021 and 2022 guidance at this time, we look forward to updating guidance with Q2 earnings.. John Wimsatt 561-389-2334jwimsatt@ecncapitalcorp.com. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Mr. Hudson has been the Chief Executive Officer and Executive Director of ECN Capi. The meeting will be held by way of a live audio Ms. Melchior has been a Director since February 13, 2017. A discussion of some of the applicable material risks and assumptions associated with such forward-looking statements or information can be found in ECN Capitals Management Discussion and Analysis for the three and nine month periods ended September 30, 2022 and the 2021 Annual Information Form dated March 30, 2022 which have been filed on SEDAR and can be accessed at www.sedar.com. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Prior to 2001, Goldman held various human resources roles at Mallinckrodt, Cybertel and Central Microwave Company. These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada). News Release. He has served as director of ECN Capital since inception and previously served as a director of the predecessor company, Element Financial Corporation, since 2013. Truist has been a long-time partner of SFC and is best positioned to build on the successes weve had over the last several years. $, 14 M Copyright 2023 Surperformance. Thank you for Joining Us at Converge 2023! During my 50-year career, I dont remember a single year without challenges. John Wimsatt561-389-2334jwimsatt@ecncapitalcorp.com. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Prior to 2006, he spent 20 years as an investment banker with Lehman Brothers Inc. and Merrill Lynch & Co., where he worked on more than 200 capital raising transactions and 70 strategic transactions. www.abfjournal.com, In equipment finance, you must turn to its people because as much as the sector has been built on dollars and cents, not to mention iron and steel, the people who form the community within the equipment finance space are read more, Independent leasing companies face significant challenges, including increased competition from banks, rising interest rates and changing regulations. April 10, 2017 at 5:12 PM TORONTO, ON-- (Marketwired - April 10, 2017) - ECN Capital Corp. ( ECN.TO) ("ECN Capital" or the "Company"), announced today that Donna Toth and Carol Goldman. ECN's Board of Directors in consultation with its financial and legal advisors, has unanimously determined that the Transaction is in the best interests of the Company and fair to ECN. Throughout this Press Release, management used a number of terms and ratios which do not have a standardized meaning under IFRS and are unlikely to be comparable to similar measures presented by other organizations. In some cases the forward-looking statements can be identified by words or phrases such as may, will, expect, plan, anticipate, intend, potential, estimate, believe or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Source: Kantar Media. A leader in the community, Mr. Smith is a director of several corporations and organizations, and is the former Chairman of the Holland Bloorview Kids Rehabilitation Hospital Foundation. ECN Capital appointed Donna Toth and Carol Goldman the company's board of directors to sit as independent directors effective April 10, 2017. CIBC Capital Markets has provided a fairness opinion to the Board of Directors that, as of the date of the opinion and based upon and subject to the assumptions and limitations described in its opinion, the consideration to be received by ECN pursuant to the Transaction is fair, from a financial point of view. No forward-looking statement can be guaranteed. Popular Searches Ecn Capital Corp Ecn Capital ECN Financial LLC ECN Commercial Finance LP Ecn LLC SIC Code 67,679 NAICS Code 52,523 Ticker TSX: ECN Show More Top Competitors of ECN Capital ORIX USA Corp 1,300 $647.6M 1 Mcap 800 Our Partners are seeking high quality assets to match with their deposits or other liabilities.
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