MCAN Mortgage Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	97.66	95.84	96.4	111.8	83.7	91.41
Net Interest Income Growth	1.55%	-0.58%	-13.77%	33.57%	-8.43%	42.10%
Non-Interest Income	52.65	49.31	43.79	25.48	31.04	27.59
Non-Interest Income Growth	23.72%	12.61%	71.89%	-17.93%	12.53%	-22.77%
Revenues Before Loan Losses	154.6	147.26	133.85	137.27	114.75	119
Provision for Credit Losses	5.74	13.46	3.26	4.49	-1.06	0.48
Revenue	148.86	133.8	130.59	132.78	115.81	118.52
Revenue Growth (YoY)	16.64%	2.46%	-1.65%	14.65%	-2.29%	20.97%
Compensation Expenses	27.97	27.35	27.76	22.82	19.61	18.36
Selling, General & Admin	33.66	31.83	26.28	10.76	9.03	9.08
Total Non-Interest Expense	61.63	59.18	54.04	33.57	28.64	27.45
Pretax Income	81.14	74.62	76.55	78.23	55.07	63.97
Provision for Income Taxes	-0.39	0.25	1.03	-0.73	0.49	0.4
Net Income	81.31	74.87	77.59	77.5	55.35	64.36
Net Income to Common	81.31	74.87	77.59	77.5	55.35	64.36
Net Income Growth	14.60%	-3.50%	0.11%	40.00%	-14.00%	50.05%
Shares Outstanding (Basic)	40	40	38	35	31	27
Shares Outstanding (Diluted)	40	40	38	35	31	27
Shares Change (YoY)	4.08%	5.15%	7.92%	11.55%	16.80%	3.85%
EPS (Basic)	2.03	1.89	2.06	2.22	1.77	2.40
EPS (Diluted)	2.03	1.89	2.06	2.22	1.77	2.40
EPS Growth	9.73%	-8.25%	-7.21%	25.42%	-26.25%	44.17%
Shares Outstanding	40.7	40.47	38.72	35.43	34.31	29.62
Free Cash Flow	69.84	6.64	48.97	-60.26	27.99	-113.73
Free Cash Flow Growth	952.11%	-86.45%	-	-	-	-
Free Cash Flow Per Share	1.75	0.17	1.30	-1.73	0.90	-4.25
Dividends Per Share	1.660	1.640	1.560	1.480	1.440	1.360
Dividend Growth	1.22%	5.13%	5.41%	2.78%	5.88%	-
Profit Margin	54.62%	55.96%	59.41%	58.37%	47.80%	54.31%
FCF Margin	46.92%	4.96%	37.50%	-45.39%	24.16%	-95.96%
EBITDA	13.38	13.32	11.13	9.77	8.46	5.23
EBITDA Margin	8.99%	9.96%	8.52%	7.36%	7.31%	4.41%
Effective Tax Rate	-0.48%	0.33%	1.35%	-0.93%	0.89%	0.62%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.