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May 11, 2026 8:00 PM

ECN Capital Reports US$0.04 in Adjusted Net Income per Common Share in Q1 2026

TORONTO, May 11, 2026 /CNW/ - ECN Capital Corp. (TSX:ECN) ("ECN Capital" or the "Company") today reported financial results for the three-month period ended March 31, 2026  

For the three-month period ended March 31, 2026, ECN Capital reported Adjusted net income applicable to common shareholders of $10.1 million or $0.04 per share (basic) versus $13.6 million or $0.05 per share (basic) for the previous three-month period and $7.2 million or $0.03 per share (basic) for the prior year comparable period.

Originations for the three-month period ended March 31, 2026 were $665.1 million, versus $662.4 million in the previous three-month period and $538.2 million for the prior year comparable period. Originations for the three-month period ended March 31, 2026 include $381.5 million of originations from our Manufactured Housing Finance segment and $283.6 million of originations from our Recreational Vehicle and Marine Finance segment.         

Managed Assets as at March 31, 2026 were $7.5 billion versus $7.3 billion as at December 31, 2025 and $7.2 billion as at March 31, 2025.

Adjusted EBITDA for the three-month period ended March 31, 2026 was $29.7 million versus $36.2 million for the previous three-month period and $25.5 million for the prior year comparable period. 

Operating Expenses for the three-month period ended March 31, ...