Quarterly ResultJul 23, 2026, 04:27 PM
Alpine Income Q2 Net Income $3.0M; Revenue +34.6% to $20.0M
AI Summary
Alpine Income Property Trust reported a strong financial performance for the second quarter and first half of 2026. The company achieved a net income of $3.0 million for Q2 2026, a significant turnaround from a net loss in the same period last year, with total revenues increasing by 34.6%. For the six months ended June 30, 2026, net income attributable to common stockholders reached $4.1 million, reversing a prior-year loss, supported by substantial growth in commercial loans and investments and an increase in total assets.
Key Highlights
- Q2 2026 Net Income attributable to common stockholders was $3.0 million, up from a $(1.6) million loss in Q2 2025.
- Q2 2026 Total Revenues increased 34.6% to $20.0 million compared to Q2 2025.
- Six-month Net Income attributable to common stockholders was $4.1 million, reversing a $(2.8) million loss in the prior year.
- Six-month Basic EPS was $0.25, a significant improvement from $(0.20) in the prior year.
- Total Assets grew 9.2% to $781.5 million as of June 30, 2026, from $715.9 million at December 31, 2025.
- Commercial Loans and Investments increased 42.4% to $238.6 million as of June 30, 2026.
- Long-Term Debt decreased 2.7% to $367.6 million as of June 30, 2026.
Price Impact
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