Post by Atrium MIC
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Atrium MIC (TSX:AI) had a strong start to 2026 reflecting our continued discipline in underwriting new loans and in managing our mortgage portfolio. Atrium generated basic and diluted earnings per share of $0.25. Earnings continued to outpace our regular dividend of $0.2325 per share for the quarter. At March 31, 2026, our portfolio totaled $896.2 million, of which 95.3% was comprised of first mortgages. We advanced mortgage principal of $44.8 million during the quarter. The average loan-to-value ratio of the portfolio was 61.4%, with 91% of our mortgages having a loan-to-value of less than 75%. Our disciplined lending approach ensures we remain a stable, well-capitalized partner for borrowers. Now in our 25th year, we remain committed to delivering value to our stakeholders by providing high-quality financing solutions to our borrowers, pursuing prudent growth, maintaining a strong balance sheet that can withstand stresses from economic cycles, and delivering consistently attractive returns for our shareholders. Learn more about Atrium’s Q1 2026 financial results here: https://lnkd.in/eT9HFA4P #AtriumMIC #Q12026 #Q12026Earnings #AlternativeRealEstate #CanadianRealEstate #RealEstateLender #RealEstateFinance