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Firm Capital Mortgage Investment (FC) investor relations material
Firm Capital Mortgage Investment Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 net income declined 10.7% YoY and H1 net income fell 12.2%, primarily due to a smaller average investment portfolio and lower average portfolio yields.
Gross portfolio value was $605.8 million at June 30, down 0.8% from year-end 2025; 56.1% of gross carrying amount matures by December 31, 2026.
Financial highlights
Q2 2026 net income was $8.64 million vs. $9.67 million in Q2 2025; H1 net income was $17.25 million vs. $19.65 million.
Q2 basic weighted average EPS was $0.235 vs. $0.263 YoY; Q2 distributions totaled $0.234 per share.
Q2 declared common-share dividends totaled $8.60 million, or $0.234 per share, compared with $8.60 million and $0.234 per share in Q2 2025.
Outlook and guidance
Monthly cash dividends of $0.078 per common share were declared for October and November 2026, subject to board adjustment; payment dates are November 16 and December 15, respectively.
56.1% of gross portfolio carrying amount matures by December 31, 2026.
- Earnings and portfolio contracted; monthly dividends remained at $0.078 per share.FC
Q1 2026 - Net income rose as the mortgage portfolio expanded, while impairment allowances increased.FC
Q4 2024 - Q2 net income rose 13.4%; portfolio declined 4.5% and monthly dividends were declared.FC
Q2 2025 - Net income rose 16.4% as the portfolio contracted 3.4%; monthly dividends remain $0.078.FC
Q1 2025 - 9M net income rose 10.3%, while the portfolio contracted 4.1%.FC
Q3 2025 - FY2025 earnings rose as the mortgage portfolio contracted and monthly dividends continued.FC
Q4 2025
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