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PR Newswire·

Lument Finance Trust Reports Third Quarter 2025 Results

LFT
  • Lument Finance Trust, Inc. reported third quarter 2025 GAAP net income of $0.7 million ($0.01 per share).
  • The company reported third quarter distributable earnings of $1.0 million ($0.02 per share).
  • A conference call to discuss results is scheduled for November 13, 2025, at 8:30 a.m. ET with dial-in numbers 1-800-836-8184 (U.S.) or 1-646-357-8785 (international).
  • A live webcast is available at https://app.webinar.net/wJ5lXAJdmjN with a recorded replay accessible via https://lumentfinancetrust.com/ or phone numbers 1-888-660-6345 (U.S.) / 1-646-517-4150 (international) using passcode 39726.
  • Distributable earnings is a non-GAAP measure defined as GAAP net income adjusted for non-cash items, unrealized gains/losses, depreciation, amortization, & one-time events.
  • The metric excludes unrealized credit loss provisions but includes realized loan losses when deemed non-recoverable.
  • Distributable earnings serve as an indicator for dividend declarations, aligning with the REIT requirement to distribute at least 90% of taxable income annually.
  • Reconciliation details show adjustments including a $24,700 depreciation of real estate owned, a $29,660 unrealized loss on mortgage servicing rights, & a $344,785 unrealized provision for credit losses.
  • LFT is a Maryland corporation investing in commercial real estate debt, primarily transitional floating rate loans on middle-market multi-family assets.
  • The company is externally managed by Lument Investment Management LLC.
  • Additional information is available via the SEC website, the company site www.lumentfinancetrust.com, or by contacting Investor Relations at 230 Park Avenue, New York, NY.