earnings
confidence high
sentiment neutral
materiality 0.65
Chicago Atlantic Q2 distributable EPS $0.51; extends credit facility to 2028
Chicago Atlantic Real Estate Finance, Inc.
2025-Q2 EPS reported
$0.89
- Net income $8.88M ($0.41 diluted); distributable earnings $10.85M ($0.51) vs $9.93M ($0.50) YoY.
- Loan principal $421.9M; weighted avg yield 16.8% vs 18.7% YoY and 16.9% Q1 2025.
- Received ~$56.8M in unscheduled principal repayments (6 facilities) in July-Aug 2025; $1.0M prepay fees.
- Extended revolving credit facility maturity to June 30, 2028 (from June 30, 2026); $97.6M available.
- Debt/equity ratio 38.8% (up from 28.0% Q1 2025); book value $14.71; quarterly dividend $0.47.
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