Chicago Atlantic Q3 net income $11.2M ($0.56/sh), up 22% QoQ per share; $50M unsecured note

Chicago Atlantic Real Estate Finance, Inc.

2024-Q3 EPS reported $1.49

Net income of $11.2M ($0.56 diluted EPS) vs $9.2M ($0.46) in Q2 2024, a 21.7% per-share increase.
Distributable earnings $11.2M ($0.56/sh), up 12% QoQ; book value rose to $15.05 from $14.92.
Loan portfolio $362.3M across 29 companies; weighted avg yield 18.3%; gross originations $32.7M in Q3.
Entered $50M unsecured term loan at 9% fixed, matures Oct 2028; received BBB+ rating from Egan-Jones.
Paid Q3 dividend of $0.47/sh on Oct 15; reaffirmed 2024 outlook.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.