MCAN Mortgage Corporation (TSX:MKP)

MCAN Mortgage Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest and Dividend Income	307.19	286.19	271.59	209.39	134.23	100.97
Total Interest Expense	198.41	180.42	164.41	117.45	72.22	52.2
Net Interest Income	108.78	105.77	107.18	91.95	62.01	48.76
Mortgage Banking	3.5	3.49	3.53	2.42	2.71	1.81
Gain (Loss) on Sale of Investments	9.51	2.11	-5.66	9.82	1.27	24.42
Other Revenue	38.59	35.89	28.8	24.24	27.27	25.68
Revenue Before Loan Losses	160.38	147.26	133.85	128.43	93.27	100.67
Provision for Loan Losses	11.4	13.46	3.26	4.49	-1.07	0.46
Revenue	148.99	133.8	130.59	123.94	94.33	100.21
Revenue Growth	15.60%	2.46%	5.37%	31.38%	-5.86%	40.95%
Salaries & Employee Benefits	28.96	27.35	27.76	22.82	19.61	18.36
Cost of Services Provided	35.81	31.83	26.28	22.8	19.45	17.75
Other Operating Expenses	-	-	-	0.1	0.21	0.13
Total Operating Expenses	64.77	59.18	54.04	45.71	39.27	36.24
Operating Income	84.22	74.62	76.55	78.23	55.07	63.97
Pretax Income	84.22	74.62	76.55	78.23	55.07	63.97
Income Tax Expense	-0.92	-0.25	-1.03	0.73	-0.29	-0.4
Net Income	85.13	74.87	77.59	77.5	55.35	64.36
Net Income to Common	85.13	74.87	77.59	77.5	55.35	64.36
Net Income Growth	19.24%	-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	4.17%	5.15%	7.92%	11.55%	16.80%	9.17%
EPS (Basic)	2.11	1.89	2.06	2.22	1.77	2.40
EPS (Diluted)	2.11	1.89	2.06	2.22	1.77	2.40
EPS Growth	14.47%	-8.22%	-7.23%	25.51%	-26.36%	37.44%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	169.88	6.64	48.97	-60.26	27.99	-113.73
Free Cash Flow Per Share	4.21	0.17	1.30	-1.73	0.90	-4.25
Dividend Per Share	1.680	1.640	1.560	1.480	1.440	1.360
Dividend Growth	5.00%	5.13%	5.41%	2.78%	5.88%	0%
Operating Margin	56.53%	55.77%	58.62%	63.12%	58.37%	63.83%
Profit Margin	57.14%	55.96%	59.41%	62.53%	58.68%	64.23%
Free Cash Flow Margin	114.02%	4.96%	37.50%	-48.63%	29.67%	-113.50%
Effective Tax Rate	-	-	-	0.93%	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

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