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Atrium Mortgage Investment (AI) investor relations material
Atrium Mortgage Investment Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 net income was $10.5M and basic EPS was $0.22, down from $11.9M and $0.25 YoY; higher credit-loss provisions and lower interest income weighed on earnings.
Mortgage portfolio reached $869.1M at Sept. 30; management expects active Q4 originations and targets a ~$900M portfolio by year-end.
Financial highlights
Q3 revenue was $18.7M, down 11.0% YoY; 9M revenue was $57.2M, down 10.8%.
Q3 basic and diluted EPS were $0.22 vs. $0.25 YoY; 9M EPS was $0.71 vs. $0.78 and exceeded regular dividends of $0.6975 per share.
Q3 provision for credit losses was $1.455M vs. $1.297M in Q3 2025; 9M provision was $2.243M vs. $3.452M.
Mortgage portfolio was $869.1M, up 1% QoQ from $860.1M but 5.2% below $917.1M at year-end 2025.
Outlook and guidance
Management expects active Q4 mortgage business and reaffirmed a ~$900M year-end portfolio target.
B.C. funded-loan production is forecast at up to $40M in Q4, with more than $80M anticipated in calendar 2026; Western Canada is targeted to reach up to 40% of the portfolio over time.
Prospective originations are generally expected to support a mortgage rate of 8.64% or higher; a potential large, lower-rate Alberta apartment loan may be offset by fees.
Construction loans were 6.7% of the portfolio; management expects gradual growth but not above 10%-15% until market conditions improve.
- Portfolio quality remains strong, with growth expected from Western Canada and moderating repayments.AI
Q2 2026 - Auditor and directors approved; strong earnings, conservative lending, and Western Canada growth planned.AI
AGM 2026 - Q1 2026 net income up 1% to CAD 12M, EPS steady, portfolio 95% first mortgages, 61% LTV.AI
Q1 2026 - 2025 net income was $49.1M, EPS $1.03, and the mortgage portfolio reached $917.1M.AI
Q4 2025 - Directors and auditors reappointed; strong Q1 earnings and higher 2025 dividend announced.AI
AGM 2025 - Q3 net income up 2.5% to $11.9M, portfolio grows, and credit facility expanded.AI
Q3 2025 - Record mortgage portfolio and revenue growth, but net income declined amid elevated credit risk.AI
Q2 2024 - Q1 2025 net income reached $11.9M, with strong portfolio quality and robust new loan originations.AI
Q1 2025 - $47.9M net income, $1.06 EPS, and a $0.16 special dividend highlight strong 2024 results.AI
Q4 2024
Next Atrium Mortgage Investment earnings date
Next Atrium Mortgage Investment earnings date
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