Timbercreek Financial Corp (TSX:TF)
C$ 7.63 0.16 (2.14%) Market Cap: 633.36 Mil Enterprise Value: 1.09 Bil PE Ratio: 10.90 PB Ratio: 0.91 GF Score: 76/100

Q4 2019 Timbercreek Financial Corp Earnings Call Transcript

Mar 11, 2020 / 05:00PM GMT
Release Date Price: C$8.95 (-2.61%)
Operator

Good day, ladies and gentlemen. Welcome to Timbercreek Financial Fourth 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.

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

Thank you. Good morning, everyone, and thanks for joining us today to discuss Timbercreek Financial's Fourth Quarter and Full Year 2019 Financial Results. I'm joined by Gigi Wong, our CFO; Ugo Bizzarri, CIO of the Manager, Scott Rowland, Managing Director Debt Investments; and Geoff McTait, Executive Director and Head of Canadian Originations.

Today, we'll provide a brief overview of the fourth quarter financial results and the current position of the portfolio. We'll conclude with a market outlook and Q&A session.

As we anticipated on our third quarter call in November, it was a highly active fourth quarter for the company, both in terms of originations and repayment. In fact, at more than $380

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