Timbercreek Financial Corp

Timbercreek reported mixed results for Q1 2026: revenue of $25.18m and earnings per share of $0.13 were below analyst expectations, while net investment income remained steady at $25.1m. The company saw strong portfolio activity with $224m in new loans and $223m in repayments; total assets rose to $2.08bn. The mortgage portfolio is defensively positioned (95% first-lien, LTV ~68%, 88% variable-rate loans with interest rate floors), but a high payout ratio of 98.5% strains financial flexibility. Management remains constructive for 2026 but expects lower EPS in coming quarters and notes risks from interest-rate uncertainty and remaining problem loans. » Mere på de.investing.com

Timbercreek Financial reported earnings per share of $0.13 and revenue of $25.18 million for Q1 2026, both below consensus estimates. The company originated new loans totaling $224 million during the quarter and has a portfolio with a strong focus on cash-flow-generating properties, as well as a dividend yield of around 10.2%. The payout ratio rose to 98.5%, shrinking the buffer for dividend coverage. Management expects wind-down of project financings and, despite earnings pressure, considers itself well capitalized for further growth. » Mere på de.investing.com

Timbercreek Financial recorded a Q4 2025 net loss of CAD 1.1 million and earnings per share of -CAD 0.01, well below the forecast of CAD 0.1675. Revenue was slightly above expectations at CAD 25.68 million, and portfolio volume rose 18% from Q3 to CAD 1.24 billion. Charges related to the wind-down of legacy assets weighed on results; the shares fell 7.85% to CAD 6.69 after the release. Management expects declining charges and forecasts EPS of CAD 0.13 and CAD 0.14 for Q1/Q2 2026 with stable revenues. » Mere på de.investing.com