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...
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...
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.
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...
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)
Following the successful completion of the merger with Gazit and the delisting of Atrium's shares, we are discontinuing our coverage of Atrium, with immediate effect. We caution against using the forecasts, ratings and price target guidance issued previously on this stock.
EQS-News: Atrium European Real Estate Limited / Key word(s): Delisting/Merger Atrium European Real Estate Limited: Completion of Merger between Atrium and Gazit Hercules 2020 Limited 18.02.2022 / 15:47 The issuer is solely responsible for the content of this announcement. Completion of Merger between Atrium and Gazit Hercules 2020 Limited Jersey, 18 February 2022 - Atrium European Real Estate Limited (VSE/Euronext: ATRS), ("Atrium" or the "Company") is pleased to announce the successful completion of the statutory merger between the Company and Gazit Hercules 2020 Limit...
EQS-News: Atrium European Real Estate Limited / Schlagwort(e): Delisting/Firmenzusammenschluss Atrium European Real Estate Limited: Abschluss der Verschmelzung zwischen Atrium und Gazit Hercules 2020 Limited 18.02.2022 / 15:47 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Abschluss der Verschmelzung zwischen Atrium und Gazit Hercules 2020 Limited Jersey, 18. Februar 2022 - Atrium European Real Estate Limited (VSE/Euronext: ATRS) ("Atrium" oder die "Gesellschaft") freut sich, den erfolgreichen Abschluss der Verschmelzung zwischen der Gesell...
AT: AGRANA - AGRANA successfully ends sugar beet campaign 21/22 (positive) AT: Atrium - Slight adjustment to ex-dividend and dividend record date (neutral) BY: Macro - Prices spiked in early 2022 HU: Macro - Inflation reached 7.9% in January PL: Banks - Several banks received P2G requirements from the KNF (neutral) RU: Macro - Russia with another 100 bp rate hike last Friday, base rate now at 9.50%
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