YOLFTbeta
Timbercreek Financial Corp

Timbercreek Financial Corp

TF · TO · Financial Services / Mortgage Finance

4.44CAD+0.20 (+4.72%)

Price History

Full chart

Market Stats

Previous Close4.24
Open4.17
Day Range4.16 – 4.58
52-Week Range5.16 – 6.84
Volume1.11M
Market Cap438.59M
P/E (TTM)17.10
Forward P/E8.78
EPS0.31
Dividend Yield12.87%
Beta0.93
50-Day Avg5.83
200-Day Avg6.53

About

Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. The company focuses on lending against income-producing real estate properties, including multi-residential, retail, and office properties for urban markets. Timbercreek Financial Corp. was founded in 2016 and is headquartered in Toronto, Canada.

Company Details

  • SectorFinancial Services
  • IndustryMortgage Finance
  • CEOMr. Blair Tamblyn
  • Employees0
  • Headquarters25 Price Street, Toronto, ON, Canada, M4W 1Z1, Canada
  • Websitehttps://www.timbercreekfinancial.com

Leadership

  • Mr. Blair TamblynCEO & Chairman of Board
  • Ms. Tracy Johnston CPAChief Financial Officer
  • Mr. Scott RowlandChief Investment Officer & Non-Independent Director
  • Mr. Geoff McTaitMD of Origination at Canada & Head of Global Syndication
  • Mr. Patrick SmithMD & Head of Global Credit
  • Ms. Katrina GorzheltsonVice President of Investor Relations
  • Ms. Ellen TannousVP & Corporate Secretary

Financials

Income Statement

Currency: CAD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.78M5.22M9.86M20.93M35.48M39.02M37.04M49.29M83.00M116.10M126.79M126.30M125.70M116.57M148.64M180.97M161.40M147.44M
Growth (%)-+193.35%+89.06%+112.25%+69.52%+9.99%-5.08%+33.07%+68.39%+39.88%+9.21%-0.39%-0.48%-7.26%+27.51%+21.75%-10.81%-8.65%
Cost of Revenue287.39K693.59K1.56M3.39M1.99M4.74M6.03M13.77M36.09M51.28M61.89M61.09M59.55M54.29M75.22M100.33M88.28M59.46M
Gross Profit1.49M4.52M8.30M17.53M33.49M34.28M31.01M35.53M46.91M64.83M64.90M65.21M66.14M62.28M73.42M80.64M73.12M87.98M
Gross Margin83.84%86.70%84.20%83.78%94.40%87.85%83.72%72.07%56.52%55.84%51.19%51.63%52.62%53.43%49.39%44.56%45.30%59.67%
Operating Expense-328.66K219.43K444.38K-500.04K4.31M8.80M2.74M2.78M-4.32M-10.55M-16.10M-19.81M3.55M1.44M-14.73M-25.18M-4.73M21.11M
Operating Income1.82M4.30M7.86M18.03M29.18M25.49M28.27M32.75M51.23M75.37M81.00M85.01M62.59M60.85M88.15M105.81M77.85M66.87M
Operating Margin102.32%82.49%79.69%86.17%82.24%65.31%76.32%66.44%61.72%64.92%63.89%67.31%49.79%52.20%59.30%58.47%48.23%45.35%
EBITDA1.49M4.26M7.94M18.31M28.83M506.93K27.18M30.59M49.96M62.18M63.70M63.54M40.63M48.05M64.92M75.42M56.19M65.66M
EBITDA Margin84.08%81.68%80.48%87.48%81.25%1.30%73.36%62.06%60.19%53.56%50.24%50.31%32.32%41.22%43.67%41.67%34.81%44.53%
Net Income1.49M4.24M7.86M18.03M-401.96K506.93K24.92M28.02M46.00M52.20M53.07M54.74M32.00M41.31M55.90M66.42M46.16M34.45M
Net Income Margin84.08%81.34%79.69%86.17%-1.13%1.30%67.26%56.85%55.42%44.96%41.85%43.34%25.46%35.43%37.60%36.70%28.60%23.37%
R&D--------0.550.450.420.430.250.340.370.36--
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense017.75K78.13K274.94K351.88K474.78K2.26M2.57M3.96M9.98M10.63M8.80M8.62M6.75M9.02M9.00M10.03M31.20M
Interest Expense % of Total Revenue0.00%0.34%0.79%1.31%0.99%1.22%6.10%5.22%4.77%8.59%8.38%6.97%6.86%5.79%6.07%4.97%6.21%21.16%

Balance Sheet

Currency: CAD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets51.64M72.50M178.16M332.34M408.89M467.41M634.07M766.73M1.57B1.66B1.95B1.80B1.71B1.73B1.92B1.79B1.73B1.98B
Total Liabilities1.13M3.69M18.04M14.13M53.37M130.84M269.12M404.40M927.30M1.01B1.23B1.07B1.03B1.05B1.22B1.08B1.05B1.32B
Total Equity50.51M68.81M160.12M318.21M355.53M336.57M364.95M362.33M646.67M653.12M715.97M728.39M685.05M684.58M698.54M701.14M686.60M662.25M
Cash11.51M4.59M2.14M16.14M992.67K12.35M463.09K139.87K61.00K700.00K541.00K8.99M428.00K6.34M2.83M4.80M13.30M7.86M
Total Debt-1.98M10.99M658.17K17.41M124.41M50.06M450.08M1.22B1.39B1.72B1.54B1.50B1.48B1.65B402.58M537.27M1.31B
Net Debt-11.51M-2.61M8.85M-15.48M16.42M112.06M49.60M86.26M375.70M557.29M640.00M618.17M579.67M581.52M588.28M397.78M523.97M1.30B

Cash Flow

Currency: CAD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.57M3.64M11.55M16.53M32.55M23.81M26.19M30.91M41.45M69.52M77.96M102.52M79.39M81.61M83.17M259.46M-69.08M34.00M
Investing Cash Flow-25.31M-17.44M-106.61M-130.73M-64.90M40.58M-80.87M-41.64M-100.29M-184.08M-138.90M-4.29M60.18M-21.38M-44.18M-2.51M1.66M-76.31M
Financing Cash Flow35.25M6.89M92.61M130.34M17.19M-53.03M42.80M10.41M58.76M115.25M60.69M-89.86M-148.04M-54.18M-42.45M-254.91M75.95M35.72M
Capital Expenditure000001.25M331.84K60.00K042.75M3.56M855.00K0000527.00K0
Free Cash Flow1.57M3.64M11.55M16.53M32.55M22.56M25.85M30.85M41.45M69.52M77.96M102.52M79.39M81.61M83.17M259.46M-69.08M34.00M
Dividends Paid1.49M4.71M9.48M18.13M25.26M25.52M30.30M29.26M39.69M46.53M50.12M52.42M51.89M51.25M52.22M51.73M56.17M51.74M
FCF to OCF100.00%100.00%100.00%100.00%100.00%94.74%98.73%99.81%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF95.23%129.50%82.11%109.71%77.61%113.12%117.19%94.85%95.75%66.94%64.29%51.14%65.36%62.80%62.79%19.94%-81.32%152.17%

Earnings

Report DateMay 6, 2014Aug 12, 2014Nov 6, 2014Feb 26, 2015May 6, 2015Aug 11, 2015Nov 11, 2015Feb 25, 2016May 13, 2016Aug 4, 2016Nov 9, 2016Feb 28, 2017May 4, 2017Aug 10, 2017Nov 7, 2017Mar 6, 2018May 3, 2018Aug 14, 2018Nov 13, 2018Mar 5, 2019May 8, 2019Aug 7, 2019Nov 13, 2019Mar 6, 2020May 5, 2020Aug 7, 2020Nov 13, 2020Mar 16, 2021May 5, 2021Aug 6, 2021Nov 10, 2021Feb 24, 2022May 10, 2022Aug 11, 2022Nov 10, 2022Feb 22, 2023May 8, 2023Aug 2, 2023Nov 1, 2023Feb 26, 2024May 6, 2024Jul 31, 2024Oct 30, 2024Feb 24, 2025May 5, 2025Jul 30, 2025Oct 29, 2025Feb 25, 2026May 5, 2026Jul 29, 2026Oct 28, 2026
EPS Estimate0.210.180.180.180.18--0.180.180.180.170.180.180.180.180.180.170.170.180.180.180.170.170.180.170.170.160.160.180.170.180.170.180.170.190.200.210.200.190.180.190.180.170.160.160.170.170.160.160.170.13
EPS Actual0.170.170.150.140.180.190.150.170.180.160.170.180.170.180.180.170.150.160.170.180.160.160.170.170.160.140.170.160.170.170.170.170.170.180.170.170.210.200.190.180.170.190.170.030.180.150.100.040.120.09-
Surprise-19.05%-5.56%-16.67%-22.22%0.00%---5.56%0.00%-11.11%0.00%0.00%-5.56%0.00%0.00%-5.56%-11.76%-5.88%-5.56%0.00%-11.11%-5.88%0.00%-5.56%-5.88%-17.65%6.25%0.00%-5.56%0.00%-5.56%0.00%-5.56%5.88%-10.53%-15.00%0.00%0.00%0.00%0.00%-10.53%5.56%0.00%-82.49%12.50%-11.76%-41.18%-75.00%-25.00%-47.06%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap438.59M
Enterprise Value985.84M
Trailing P/E17.10
Forward P/E8.78
Price / Sales9.99
Price / Book0.67
EPS0.31
Book Value7.88
Revenue (TTM)43.89M
Gross Profit (TTM)41.60M
Profit Margin58.09%
Operating Margin79.54%
Return on Equity3.82%
Return on Assets1.27%
Shares Outstanding82.75M
Shares Float82.43M
Beta0.93
Dividend Yield12.87%
Dividend Rate0.69
Payout Ratio66.14%

Dividends

202612×
0.06Dec 31, 20260.06Nov 30, 20260.06Oct 30, 20260.06Sep 29, 20260.06Aug 31, 20260.06Jul 31, 20260.06Jun 30, 20260.06May 29, 20260.06Apr 30, 20260.06Mar 31, 20260.06Feb 27, 20260.06Jan 30, 2026
202512×
0.06Dec 31, 20250.06Nov 28, 20250.06Oct 31, 20250.06Sep 29, 20250.06Aug 29, 20250.06Jul 31, 20250.06Jun 30, 20250.06May 30, 20250.06Apr 30, 20250.06Mar 31, 20250.06Feb 28, 20250.06Jan 31, 2025