Quarterly ResultMay 15, 2026, 04:43 PM
Lument Finance Trust Q1 Net Income $206K; EPS $(0.02)
AI Summary
Lument Finance Trust reported a net income of $206,583 for the first quarter of 2026, a notable improvement from a net loss in the prior year. However, the net loss attributable to common stockholders was $(978,375), or $(0.02) per share. The company's total assets and liabilities both decreased, while dividends declared per common share were reduced to $0.04.
Key Highlights
- Net income for Q1 2026 was $206,583, a significant improvement from a net loss of $(522,568) in Q1 2025.
- Net loss attributable to common stockholders was $(978,375), or $(0.02) per share for Q1 2026.
- Dividends declared per common share decreased to $0.04 in Q1 2026 from $0.08 in Q1 2025.
- Total assets decreased to $1.20 billion as of March 31, 2026, from $1.22 billion at December 31, 2025.
- Total liabilities decreased to $988.75 million as of March 31, 2026, from $996.89 million at December 31, 2025.
- Allowance for credit losses decreased to $(19.54) million from $(22.66) million.
- Securitized debt obligations decreased to $580.30 million from $748.43 million.
- Secured financing agreements increased to $348.72 million from $191.94 million.
Price Impact
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