Every 10-Q that Lument Finance Trust, Inc. (LFT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LFT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LFT filings page.
Lument Finance Trust, Inc. reported weaker results for the quarter and six months ended June 30, 2026. For the quarter, it recorded a net loss attributable to common stockholders of $9.2 million versus income of $2.5 million a year earlier, driven largely by a higher provision for credit losses of $8.6 million and increased operating expenses. Basic and diluted EPS fell to $(0.18) from $0.05, while quarterly common dividends were reduced to $0.04 per share from $0.06.
For the first half of 2026, net loss attributable to common stockholders was $10.2 million compared with income of $0.8 million in the prior-year period, and EPS declined to $(0.19) from $0.02. Net interest income for the six months decreased to $10.2 million from $14.7 million as interest expense on secured financings rose. The commercial mortgage loan portfolio’s unpaid principal balance fell to $1.01 billion, with an allowance for credit losses of $21.2 million and $98.1 million of default‑risk loans.
Total assets declined to $1.12 billion from $1.22 billion at year‑end 2025, while total stockholders’ equity decreased to $204.7 million. The company reduced securitized debt obligations to $580.7 million and increased secured financing agreements to $271.1 million. Cash, cash equivalents and restricted cash rose to $54.7 million, supported by strong net cash provided by investing activities, including significant loan principal repayments and REO sale proceeds.
Lument Finance Trust reported a small net loss attributable to common stockholders of $0.98 million for the three months ended March 31, 2026, or $(0.02) per share, compared with a loss of $1.71 million or $(0.03) per share a year earlier. Net interest income declined to $5.7 million as interest expense rose and commercial mortgage loan interest income softened. The company recorded a $0.7 million net release of credit loss reserves but also recognized $1.4 million of real estate impairment and $1.2 million of loss on extinguishment of debt. The loan portfolio totaled $1.13 billion of senior secured, 100% floating-rate commercial mortgages, primarily multifamily, with an allowance for credit losses of $19.5 million. Several loans remain in default and on non‑accrual, and one Colorado Springs multifamily loan was foreclosed and moved into real estate owned. Securitized debt fell to $580.3 million following CLO redemptions, while secured financing agreements increased to $348.7 million, and the fixed-rate secured term loan was amended and expanded to $50 million maturing in 2030. The quarterly common dividend was $0.04 per share, down from $0.08 a year earlier.
Lument Finance Trust (NYSE: LFT) reported Q3 2025 results showing a smaller loan book and higher credit reserves as it navigates a tougher CRE environment. Net income attributable to common stockholders was $0.7 million, or $0.01 per share, compared with $5.1 million, or $0.10 per share, a year ago. The company declared a $0.04 dividend per common share.
Total assets were $955.7 million, down from $1,128.6 million at year-end. Commercial mortgage loans held-for-investment, net, were $821.8 million versus $1,048.8 million, reflecting $167.1 million of principal payments and $62.6 million transferred to real estate owned. REO included $49.3 million held-for-investment and $8.9 million held-for-sale. The CECL allowance rose to $14.0 million from $11.3 million.
Net interest income was $5.1 million, down from $9.5 million in the prior-year quarter, as interest income declined with a smaller portfolio while interest expense also fell. Equity totaled $230.1 million versus $237.9 million at year-end. Shares outstanding were 52,364,930 as of November 10, 2025.
Lument Finance Trust, Inc. (LFT) reported a smaller balance sheet and lower earnings for the quarter and first half of 2025. Total assets fell to $998.4 million from $1.13 billion at year-end as the commercial mortgage loan portfolio declined to $905.4 million (net of allowance). Loan principal decreased from $1.066 billion to $924.2 million and loan count declined to 56 from 65. Net interest income for the quarter was $6.96 million (down from $9.52 million year-over-year) and six‑month net income was $3.17 million versus $11.58 million a year earlier. Net income attributable to common stockholders for the six months was $0.8 million, producing diluted EPS of $0.02 versus $0.18 in prior year.
The company increased its allowance for credit losses to $14.25 million and recorded charge-offs and foreclosures that produced $23.8 million of real estate owned (two multifamily properties). Collateralized financings declined to $709.9 million and the Company continues to consolidate two VIE financings (2021-FL1 CLO and LMF 2023-1). Cash and equivalents were $59.4 million and dividends declared per share were reduced to $0.06 for the quarter.