Highest-materiality recent filing
Lument Finance Trust receives NYSE non-compliance notice for share price below $1.00
NYSE notified LFT that average closing price of common stock was below $1.00 over 30 consecutive trading days.
LFT declares $0.04/common and $0.4921875/preferred dividends; all directors re-elected
Q2 2026 common dividend of $0.04/share declared, payable July 15, 2026 to holders of record June 30.
Lument Finance Trust Q1 2026 GAAP net loss $1.0M ($0.02/share); distributable earnings $1.1M
GAAP net loss attributable to common shareholders of $1.0M, or $0.02 per diluted share.
LFT Q4 GAAP net loss $8.9M; full year net loss $7.5M; declares $0.04/sh dividend
GAAP net loss attributable to common shareholders for Q4 2025: $(8.9)M ($0.17/sh); full year: $(7.5)M ($0.14/sh).
Lument Finance extends secured term loan maturity to 2030; adds $2.25M at 9.75%
Secured term loans ($50M total) extended from Feb 2026 to Feb 2030; $2.25M incremental tranche drawn Feb 23, 2026.
LFT closes $664M CRE CLO with $585M notes sold; declares $0.04/share dividend
Closed $663.8M CRE CLO with $585M investment-grade notes sold to institutional investors on a non-recourse basis.
Lument prices $663.8M CLO, redeems $436.4M prior CLO, buys $135.6M mortgage assets.
Priced LMNT 2025-FL3 CRE-CLO at $663.8M, with 88.1% advance rate and weighted average interest of Term SOFR +1.91%.
Lument Finance Trust reports Q3 2025 net income of $0.7M ($0.01/sh); distributable earnings $0.02/sh
GAAP net income attributable to common shareholders of $0.7 million, or $0.01 per diluted share.
Lument Finance Trust subsidiary enters $450M repurchase facility with JPMorgan
LCMT Warehouse, LLC (indirect sub) entered $450M uncommitted master repurchase agreement with JPMorgan Chase.
Lument Finance declares Q3 common dividend $0.04/sh and preferred $0.4921875/sh
Common stock cash dividend of $0.04 per share declared for Q3 2025.
Lument Finance Trust Q2 2025 GAAP net income $2.5M, EPS $0.05; distributable earnings $2.8M
GAAP net income of $2.5M ($0.05 per share) for Q2 2025.
Lument Finance Trust Declares $0.06 Common and $0.4921875 Preferred Dividends
Declared Q2 2025 common dividend of $0.06 per share, payable July 15, 2025 to holders of record June 30, 2025.
Lument Finance Trust stockholders re-elect all director nominees, approve say-on-pay and auditor
All six director nominees (Flynn, Hunt, Cummins, Houlihan, Keenan, Reynolds) re-elected with strong support.
Lument Finance Trust reports Q1 2025 GAAP net loss of $1.7M, distributable earnings $4.0M
GAAP net loss attributable to common shareholders $1.7M, or $0.03 per share for Q1 2025.
GAAP net income Q4 $3.6M ($0.07/share), full year $17.9M ($0.34/share); distributable earnings Q4 $5.4M ($0.10/share), full year $23.2M ($0.44/share).
Lument Finance Trust declares $0.08 Q4 common dividend plus $0.09 special; preferred $0.4921875
Declared Q4 2024 common stock cash dividend of $0.08 per share.
Lument Finance Trust Q3 2024 GAAP net income $5.1M, EPS $0.10
GAAP net income attributable to common shareholders $5.1M, or $0.10 per share.
LFT declares $0.08 common and $0.4921875 preferred quarterly dividends
Common stock dividend of $0.08 per share declared for Q3 2024.
Lument Finance Trust Q2 net income $3.4M, distributable earnings $4.8M
GAAP net income attributable to common stockholders $3.4M ($0.07 per share) for Q2 2024.
Lument Finance Trust raises quarterly common dividend 14% to $0.08/share
Common dividend increased from $0.07 to $0.08 per share, a 14% sequential increase.
Lument Finance Trust Q1 distributable earnings $0.15/share, GAAP EPS $0.11
Distributable earnings $7.6M ($0.15/share) for Q1 2024.
Lument Finance Trust reports Q4 2023 GAAP net income $0.07 per share, declares $0.07 common dividend
GAAP net income attributable to common shareholders $3.8M ($0.07/sh) for Q4 2023; full year $15.0M ($0.29/sh).
LFT declares $0.07 common and $0.4921875 preferred quarterly dividends
Common stock dividend of $0.07/share declared for Q4 2023, payable Jan 16, 2024 to holders of record Dec 29, 2023.
Lument Finance Trust Q3 GAAP EPS $0.10; distributable earnings $0.11/share
GAAP net income $5.2M ($0.10 diluted EPS) for quarter ended Sept 30, 2023.
LFT raises quarterly common dividend 17% to $0.07 per share
Declared $0.07/share common dividend for Q3 2023, up from $0.06 in Q2 (17% increase).
Lument Finance Trust reports Q2 2023 GAAP net income $1.4M, distributable earnings $1.9M
GAAP net income attributable to common shareholders $1.4M ($0.03 per share) for quarter ended June 30, 2023.
Lument Finance Trust closes $386.4M CRE financing; fourth CLO transaction
Closed $386.4M LMF 2023-1 Financing collateralized by 25 first-lien floating-rate mortgage loans on 32 multifamily properties.
Common dividend $0.06/share payable July 17, 2023 to holders of record June 30, 2023.
Lument Finance Trust appoints James J. Henson as President, replacing James Flynn
James J. Henson appointed President effective May 22, 2023.
Distributable earnings of $0.2 million, or $0.00 per share, for Q1 2023.
President Michael P. Larsen resigns; board adopts stock-for-fees program for independent directors
Michael P. Larsen resigned as President effective April 18, 2023; no successor named.
Lument Finance Trust Q4 distributable earnings $3.3M ($0.06/share); GAAP NI $0.9M ($0.02/share)
Distributable earnings of $3.3M ($0.06/share) for quarter ended Dec 31, 2022.
Lument Finance Trust declares Q1 2023 dividends: $0.06 common, $0.4921875 preferred
Common dividend of $0.06 per share for Q1 2023.
LFT declares $0.06 common stock and $0.4921875 preferred dividends payable Jan 17, 2023
Common stock cash dividend of $0.06 per share declared for Q3 2022.
LFT Q3 distributable earnings $0.03/sh; GAAP net income $0.01/sh
Distributable earnings of $1.7M, or $0.03 per common share for Q3 ended Sep 30, 2022.
Lument Finance Trust declares $0.06 common and $0.4921875 preferred dividends for Q3 2022
Common stock dividend of $0.06 per share payable October 17, 2022 to holders of record September 30, 2022.
Lument Finance Trust Q2 2022 GAAP EPS $0.04, distributable earnings $0.05
GAAP net income attributable to common shareholders $2.2M or $0.04 per share.
Common dividend of $0.06 per share payable July 15, 2022 to holders of record June 30, 2022.
Lument Finance Trust Q1 GAAP net income $1.8M ($0.05/sh); distributable earnings $1.7M
GAAP net income attributable to common shareholders of $1.8M, or $0.05 per diluted share.
Lument Finance Trust grants OREC board designation right while OREC holds ≥5% stake
OREC IH (affiliate of external manager) may designate board nominee; Marie D. Reynolds nominated for June 15, 2022 annual meeting.
Q4 net income $2.5M ($0.10/sh); distributable earnings $2.6M ($0.11/sh).
Raised $83.5M gross from issuance of 27,277,269 shares at $3.06/share in transferable rights offering.
Q4 2021 net income attributable to common: $2.2M-$2.7M ($0.09-$0.11/sh); Distributable Earnings $2.5M-$3.0M ($0.10-$0.12/sh).
Lument Finance Trust commences rights offering for up to 37.4M common shares at a discount
Record date stockholders receive 1.5 rights per share held; rights listed as LFTRT on NYSE.
Lument Finance Trust announces transferable rights offering for up to 37.4M shares at 92.5% of VWAP
Record date Jan 18; 1.5 rights per share; each right buys one share at 92.5% of 5-day VWAP ending Feb 11, floor $3.06.
Lument Finance Trust declares quarterly common and preferred dividends
Common dividend $0.09 per share, payable Jan 18, 2022 to holders of record Dec 31, 2021.
Lument Finance Trust reports Q3 GAAP net income of $1.2M ($0.05/sh); distributable earnings $0.06/sh
GAAP net income attributable to common shareholders $1.2M, or $0.05 per share.
Common stock dividend of $0.09 per share declared for Q3 2021.
Lument Finance Trust reports Q2 2021 GAAP EPS $0.04; distributable EPS $0.11
GAAP net income attributable to common shareholders was $955K ($0.04 per share).
On March 18, 2025, the Board appointed Greg D. Calvert, age 59, as President of the Company, effective as of May 1, 2025.
On March 18, 2025, Mr. James J. Henson notified the Board of Directors (the “Board”) of the Company of his intention to resign as President of the Company, effective as of May 1, 2025.
The Board of Directors (the “Board”) of Lument Finance Trust, Inc. (the “Company”) appointed Mr. James J. Henson, age 70, as President of the Company effective as of May 22, 2023.
Mr. Henson is replacing Mr. James Flynn as President of the Company. Mr. Flynn will continue to serve as the Company’s Chairman and Chief Executive Officer.
Resignation of President Effective April 18, 2023, Michael P. Larsen, age 44, President of Lument Finance Trust, Inc. (the “Company”) since January 2018, ceased to be and resigned as President of the Company, as well as all positions with any subsidiary entities of the Company.
Max materiality 0.80 · Median 0.50 · Most common event earnings