MCAN Mortgage (TSE:MKP) has released an update.
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MCAN Financial Group reported a robust third quarter for 2024, showcasing a significant increase in net income to $26.9 million, driven by gains in their REIT portfolio and income from MCAP. The company’s total assets grew to over $5.2 billion, highlighting strong asset management in a declining interest rate environment.
For further insights into TSE:MKP stock, check out TipRanks’ Stock Analysis page.
