PR Newswire·May 15, 2026, 9:20 AM ET

Lument Finance Trust Reports First Quarter 2026 Results

Lument Finance Trust, Inc. reported first quarter 2026 results with a GAAP net loss attributable to common shareholders of $1.0 million ($0.02 per share).
The company reported first quarter distributable earnings of $1.1 million ($0.12 per share, calculated as $1,123,030 total divided by 52,400,158 weighted average shares).
A conference call to discuss financial results was scheduled for Friday, May 15, 2026, at 1:00 p.m. ET.
Distributable Earnings is a non-GAAP measure that adjusts GAAP net income by excluding unrealized gains/losses, non-cash items, depreciation, amortization, and one-time events.
The reconciliation of GAAP net loss to Distributable Earnings included adjustments for unrealized losses on mortgage servicing rights, credit loss releases, real estate depreciation, impairment expenses, debt extinguishment losses, and income taxes.
LFT is a Maryland corporation focused on commercial real estate debt investments, primarily transitional floating rate loans in middle-market multi-family assets.
The company is externally managed by Lument Investment Management LLC.
Detailed results & presentations are available at lumentfinancetrust.com, with replay access provided via website or telephone after the call.