Home Capital Group Inc.: Rating Report

On March 26, 2021, DBRS Morningstar confirmed the long-term ratings of HCG at BB (high) and the Group’s short-term ratings at R-3. DBRS Morningstar also confirmed the long-term ratings of HCG’s primary operating subsidiary, HTC, at BBB (low) and the Trust Company’s short-term ratings at R-2 (middle). Additionally, DBRS Morningstar changed the trends on all ratings to Stable from Negative. The Intrinsic Assessment (IA) for HTC is BBB (low), while its Support Assessment is SA1. HCG’s Support Assessment is SA3, and its Long-Term Issuer Rating is positioned one notch below HTC’s IA.