Timbercreek Financial Corp (FRA:58O)
€ 5.25 0 (0%) Market Cap: 448.57 Mil Enterprise Value: 743.84 Mil PE Ratio: 11.31 PB Ratio: 0.97 GF Score: 73/100

Q1 2020 Timbercreek Financial Corp Earnings Call Transcript

May 06, 2020 / 03:00PM GMT
Operator

Good day, ladies and gentlemen. Welcome to Timbercreek Financial First Quarter Earnings Call. (Operator Instructions) As a reminder, today's call is being recorded.

I would now like to turn the meeting over to Cam Goodnough. Please go ahead, sir.

Cameron Goodnough
Timbercreek Financial Corp. - CEO, President & Non-Independent Director

Thank you, operator, and good morning, everyone. Thanks for joining us today to discuss Timbercreek Financial's First Quarter 2020 Financial Results. I'm joined on the call virtually today by Gigi Wong, our CFO; Scott Rowland, Managing Director, Debt Investments for us; as well as Geoff McTait, our Executive Director and Head of Canadian Originations. Understandably, we've had many questions about recent portfolio trends in light of the economic impact of COVID-19. Included in today's commentary is a discussion of the current position of the portfolio as well as some trends and data points from the early days of the second quarter.

In most other nonessential businesses across Canada, we have just completed

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