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MCAN FINANCIAL GROUP ANNOUNCES Q1 2024 RESULTS AND DECLARES $0.39 REGULAR CASH DIVIDEND

Newswire.ca - Mon May 6, 5:36PM CDT

Uninsured residential mortgage portfolio reaches record $1 billion

TORONTO, May 6, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) reported net income of $23.2 million ($0.65 earnings per share) for the first quarter of 2024, relatively consistent with net income of $23.3 million ($0.67 earnings per share) in the first quarter of 2023. 

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