Sagen MI Canada (TSX:MIC.PR.A.PFD) Net Loan : C$161.07 Mil (As of Mar. 2024)

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What is Sagen MI Canada Net Loan?

Sagen MI Canada's quarterly net loan increased from Sep. 2023 (C$99.06 Mil) to Dec. 2023 (C$135.62 Mil) and increased from Dec. 2023 (C$135.62 Mil) to Mar. 2024 (C$161.07 Mil).

Sagen MI Canada's annual net loan increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$135.62 Mil) and increased from Dec. 2022 (C$135.62 Mil) to Dec. 2023 (C$161.07 Mil).

Sagen MI Canada Net Loan Historical Data

The historical data trend for Sagen MI Canada's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sagen MI Canada Net Loan Chart

Sagen MI Canada Annual Data

Trend

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Dec23

Net Loan

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56.83

135.62

Sagen MI Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Loan	Get a 7-Day Free Trial															-	49.19	99.06	135.62	161.07

Sagen MI Canada Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Sagen MI Canada (TSX:MIC.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagen MI Canada Inc (TSX:MIC.PR.A.PFD) » Definitions » Net Loan

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Traded in Other Exchanges

N/A

Address

2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7

Website

https://www.sagen.ca

Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

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