Firm Capital Mortgage Investment (FC) Q1 2025 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2025 earnings summary
5 Oct, 2026Executive summary
Q1 2025 net income rose 16.4% YoY to $9.97m; gross portfolio balance declined 3.4% QoQ to $631.9m.
Earnings exceeded quarterly distributions by ~$1.4m, or $0.04 per share.
Financial highlights
Net income was $9.97m, versus $8.57m in Q1 2024.
Basic weighted-average EPS was $0.271, versus $0.248 YoY; Q1 distributions were $0.234 per share.
Outlook and guidance
Management’s forward-looking assumptions include access to mortgage opportunities, lending rates consistent with historical levels, and adequate bank indebtedness and loans.
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Latest events from Firm Capital Mortgage Investment
- 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.FCQ4 2024
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- Q2 net income rose 13.4%; portfolio declined 4.5% and monthly dividends were declared.FCQ2 2025
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- FY2025 earnings rose as the mortgage portfolio contracted and monthly dividends continued.FCQ4 2025