reports
- Sid Rajeev
Atrium Mortgage Investment Corporation (TSX: AI) - 2025 Beats Expecta...
In 2025, revenue declined 13% year over year due to lower lending rates but slightly exceeded expectations, while EPS fell 3% yet beat forecasts due to reduced loan loss provisions. Dividends decreased 3% to $1.03 per share, still above estimates and implying an 8.84% yield, while loan advances rose 2%, pushing net mortgages outstanding to $892M, slightly below forecasts. Macroeconomically, after 275 bps of rate cuts since June 2024, the Bank of Canada held rates steady at 2.25% into early 2026....
- Sid Rajeev
Atrium Mortgage Investment Corporation (TSX: AI) - Stable Q3 Results; ...
Q3 results were broadly in line, with revenue meeting expectations and EPS slightly ahead. Mortgage receivables dipped 0.42% QoQ due to higher repayments, while lower lending rates—following multiple BoC cuts—drove a 14% YoY revenue decline. EPS fell only 4% YoY, supported by reduced loan loss provisions. Portfolio risk remained stable, backed by 96% first mortgages and a 61% LTV. Management is shifting toward lower-risk property types amid weak development activity. Impaired mortgages rose to $...
- Sid Rajeev
Adapting to Lower Rates Amid Market Softness
In Q2 2025, AI Mortgage Corp. saw gross mortgage receivables rise 5% QoQ to $921M, fueled by a 9% YoY increase in loan advancements. Despite a 15% YoY revenue drop due to lower BoC rates, net income grew 14% YoY, aided by reduced loan loss provisions. Management is shifting focus to lower-risk assets like single-family homes amid sector slowdown, maintaining strict underwriting. Stage three mortgages jumped 135% QoQ to $46M (5% of total) due to new default classification, though loss allowances ...
- Sid Rajeev
2024 EPS Beat: A Cautious Outlook Amid Tariff Threats
In 2024, AI's mortgage receivables fell 1.5% to $863M, with revenue down 1.3% YoY and EPS dropping 10%, yet beating forecasts. Dividends dipped to $1.06/share, while regular dividends rose to $0.93/share. With BoC rate cuts and a shift to low-risk properties, AI’s portfolio strengthened. Despite tariff threats, AI is poised to handle economic uncertainty, though we remain cautious on MIC stocks.
- Sid Rajeev
Dividend Delight in a Challenging Market
Atrium Mortgage Investment Corporation (TSX: AI), one of our top picks, reported record mortgage receivables of $926M in Q3 2024, despite sluggish sector activity and a 50% YoY decline in loan advancements. Revenue dipped 3% YoY due to declining lending rates, but EPS rose 4% on lower loan loss provisions. The company is reducing portfolio risk by focusing on lower-risk property types like single-family residential and income-producing commercial properties. With expected BoC rate cuts and risin...
- Sid Rajeev
Reports Highest Ever Q2 Revenue / Lower Rates Fuel Growth Prospects
Atrium Mortgage Investment Corporation (TSX: AI) reported its highest-ever Q2 revenue in 2024, with a 6% year-over-year increase, despite challenges in the sector. The company's earnings per share (EPS) were down 20% YoY due to higher loan loss provisions, leading to a 5% miss on estimates. The annual regular dividend remained steady at $0.90 per share. Loan advancements surged 53% YoY, driving mortgage receivables to a record high of $908 million. However, concerns arose over a $50 million mor...
- Sid Rajeev
Record Revenue and Reduced Risk: Atrium Mortgage’s Strong Start to 202...
We’re excited to share our latest report on Atrium Mortgage Investment Corporation (AI.TO - TSX, AMIVF - NASDAQ). Atrium has reported record-breaking Q1 revenue for 2024, despite the challenges of higher lending rates. With a focus on reducing risk and maintaining high dividend yields, Atrium continues to stand out in the mortgage finance industry.
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
- Sid Rajeev
LA LOS ANDES COPPER
XTM TRANSITION METALS CORP
NAM NEW AGE METALS
AAPL APPLE INC.
GRDM GRID METALS
EAM EAST AFRICA METALS INC.
AI ATRIUM MORTGAGE INVESTMENT CORPORATION
FG FALCON GOLD CORP.
FPX FPX NICKEL CORP.
TN TARTISAN NICKEL CORP
KNC K9 GOLD
KNR KONTROL TECHNOLOGIES CORP.
PULL PURE EXTRACTS TECHNOLOGIES CORP.
TUD TUDOR GOLD CORP.
GRSL GR SILVER MINING LTD.
SMP SOUTHERN EMPIRE RESOURCES CORP.
LITH LITHIUM CHILE INC.
SWIS GLOBEX DATA LTD.
CBD.U HEMPFUSION WELLNESS INC
- Sid Rajeev
- Sid Rajeev
NPK. VERDE AGRITECH PLC
AZS AZURE MINERALS
RKS ROCKSHIELD CAPITAL
WRM WHITE ROCK MINERALS
AUMN GOLDEN MINERALS CO.
GRC GOLD SPRINGS RESOURCE
AI ATRIUM MORTGAGE INVESTMENT CORPORATION
TN TARTISAN NICKEL CORP
BNXA BANXA HOLDINGS INC
GRSL GR SILVER MINING LTD.
BIGG BIGG DIGITAL ASSET
TAAT TAAT GLOBAL ALTERNATIVES INC.
LITH LITHIUM CHILE INC.
GCM GRAN COLOMBIA GOLD CORP.
SPC SPC NICKEL CORP
Raiffeisen Research Institutional Equity Daily 21.02.2022
FTSE Index March review - AllCap (SML) add: MedLife, Russneft; del: Eurocash; TotalCap (Micro+SML) add: Conpet, Purcari Wineries, Sphera Franchise Group; L->M: MOL, Moscow Exchange AT: Atrium - Merger with Gazit completed (neutral) AT: OMV - OMV will not reportedly invest in Achimov IV/V gas field in Russia (neutral) CZ: CEZ - Czech government to launch tender for the new nuclear power plant in the coming weeks (neutral) PL: Bank Pekao - Iincrease of FX mortgage related legal risk prov...
- Research Team
WOOD Daily: BRD RO; ENJSA TI; TBCG LN; TOASO TI; GTC PW; ATRS AV; OTP ...
HEADLINES: • BRD-GSG: dividend bonanza; what next? (stays HOLD) • Enerjisa Enerji: 4Q21 results review - net income beat brings higher dividend POSITIVE • TBC Bank: 4Q21 highlights, before the call - decent quarter • Tofas: to distribute a DPS of TRY 6.40 POSITIVE • GTC: Optima may sell 15.7% stake in GTC to Icona Securitization Opportunities Group • Atrium: coverage discontinued • OTP Bank: 4Q21E preview (due on 4 March) • Short News (CAR)
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.