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Timbercreek Financial Q2 FY26 net income drops 36.88% to CAD 7.8 million; revenue falls 1.19% to CAD 24.9 million
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Timbercreek Financial Q2 FY26 net income drops 36.88% to CAD 7.8 million; revenue falls 1.19% to CAD 24.9 million
  • Timbercreek Financial posted IFRS net income of CAD 7.8 million, down 36.99% year over year; EPS fell to CAD 0.09 from CAD 0.15.
  • Net investment income slipped 1.19% to CAD 24.9 million; expected credit losses widened to CAD 6.7 million from CAD 2.1 million.
  • Distributable income held at CAD 14.6 million, or CAD 0.18 per share; dividends declared totaled CAD 14.3 million, or CAD 0.17 per share.
  • Net mortgage investments rose 2.68% to CAD 1.14 billion year over year; the weighted average interest rate eased to 7.6% from 8.6%.
  • Stage 3 mortgage investments, net of expected credit losses, fell about CAD 28.1 million in the quarter; management flagged strong origination momentum into 2H 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. Timbercreek Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291700PRIMZONECNPR____9800530) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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