Q4 2022 Timbercreek Financial Corp Earnings Call Transcript
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 Blair Tamblyn. Please go ahead.
Thank you, operator. Good afternoon, everyone. Thanks for joining us to discuss the fourth quarter financial results. As usual, I'm joined by Scott Rowland, CIO; Tracy Johnston, CFO; and Geoff McTait, Head of Canadian Originations and Global Syndications.
We closed 2022 with a very strong fourth quarter across our key financial measures as we benefited from higher interest rates applied across a larger portfolio of variable loans. This translated into strong growth in our investment income and distributable income. For example, DI was up 14% to $18 million in Q4 from the prior year quarter, and it grew 10% for the full year to $66 million after provisions. In this period of unusually rapid
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |