Lument Finance Trust Q2 net loss widens to $9.2 million; distributable loss totals $5.3 million
Reuters2026/08/13 20:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lument Finance Trust posted a GAAP net loss attributable to common stockholders of USD 9.2 million, or USD 0.18 per share.
- Net interest income fell to USD 4.5 million from USD 5.7 million in the prior quarter.
- Provision for credit losses swung to an USD 8.63 million expense from a USD 732,373 release in the prior quarter.
- Book value per common share was USD 2.76 at June 30, 2026; common dividend held at USD 0.04 per share.
- NYSE flagged sub-USD 1 share price noncompliance; a 1-for-10 reverse stock split is expected effective Sept. 9, 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. Lument Finance Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001547546-26-000017), on August 13, 2026, and is solely responsible for the information contained therein.
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