Quarterly ResultAug 7, 2026, 11:53 AM
CBL Q2 Net Income $45.36M, EPS $1.50; YTD Operating Cash Flow +33%
AI Summary
CBL & Associates Properties Inc. reported a substantial increase in net income and earnings per share for the second quarter and year-to-date periods ended June 30, 2026. The company's net income attributable to common shareholders rose to $45.36 million for Q2 2026, with basic EPS reaching $1.50. Total revenues also saw a modest increase, and net cash provided by operating activities grew significantly year-over-year. The company also completed the acquisition of Gateway Mall in March 2026.
Key Highlights
- Net income attributable to common shareholders for Q2 2026 was $45.36 million, up from $2.57 million in Q2 2025.
- Basic earnings per share for Q2 2026 was $1.50, significantly higher than $0.08 in Q2 2025.
- Total revenues for Q2 2026 increased to $146.48 million from $140.91 million in Q2 2025.
- Net cash provided by operating activities for YTD 2026 was $133.19 million, a 33.26% increase from YTD 2025.
- The company acquired Gateway Mall in March 2026 for approximately $43.76 million.
- Shareholders' equity increased to $427.44 million as of June 30, 2026, from $374.94 million at December 31, 2025.
- Mortgage and other indebtedness, net, decreased to $2.03 billion as of June 30, 2026, from $2.17 billion at December 31, 2025.
Price Impact
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