Chicago Atlantic Real Estate Finance Q2 FY26 net income falls 16% to $7.47 million; revenue dips 8% to $15.22 million
Reuters2026/08/11 11:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Chicago Atlantic Real Estate Finance posted Q2 GAAP net income of $7.47 million, down 16% from a year earlier.
- Interest income fell 8% to $15.22 million; net interest income slid 11% to $12.83 million.
- Total expenses narrowed 10% to $5.14 million; provision for current expected credit losses dropped 52% to $551,294.
- Loans held for investment totaled $412.13 million in outstanding principal at June 30, 2026; net carrying value was $398.53 million after a $9.37 million CECL reserve.
- REFI declared a $0.47 per-share cash dividend for the quarter, paid July 15; it expects its merger with Chicago Atlantic BDC to close in Q4 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Atlantic Real Estate Finance Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-343398), on August 11, 2026, and is solely responsible for the information contained therein.
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