Quarterly ResultAug 13, 2026, 05:01 PM
Lument Finance Trust Q2 Net Loss $(9.2M); EPS $(0.18)
AI Summary
Lument Finance Trust reported a net loss attributable to common stockholders of $(9.2) million, or $(0.18) per basic and diluted share, for the second quarter ended June 30, 2026. This compares to a net income of $2.5 million, or $0.05 per share, in the prior year's second quarter. The company also saw a significant increase in its provision for credit losses and a decrease in net interest income. Total assets decreased to $1.12 billion from $1.22 billion at year-end 2025.
Key Highlights
- Net loss attributable to common stockholders was $(9.2) million for Q2 2026, compared to $2.5 million income in Q2 2025.
- Basic and diluted EPS was $(0.18) for Q2 2026, down from $0.05 in Q2 2025.
- Net interest income decreased to $4.5 million in Q2 2026 from $7.0 million in Q2 2025.
- Provision for credit losses, net, increased significantly to $(8.6) million in Q2 2026 from $(0.1) million in Q2 2025.
- Total assets decreased to $1.12 billion as of June 30, 2026, from $1.22 billion at December 31, 2025.
- Dividends declared per common share were $0.04 for Q2 2026, down from $0.06 in Q2 2025.
- Securitized debt obligations decreased to $580.7 million from $748.4 million.
- Secured financing agreements increased to $271.1 million from $191.9 million.
Price Impact
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