Lument Finance Trust Q2 net loss widens to $9.2 million; distributable loss totals $5.3 million
LFT•Second-quarter results
Lument Finance Trust posted a GAAP net loss attributable to common stockholders of $9.2 million, or $0.18 per share.
Net interest income fell to $4.5 million from $5.7 million in the prior quarter.
Provision for credit losses swung to an $8.63 million expense from a $732,373 release in the prior quarter.
Book value, dividend and reverse split
Book value per common share was $2.76 at June 30, 2026; the common dividend held at $0.04 per share.
NYSE flagged sub-$1 share price noncompliance; a 1-for-10 reverse stock split is expected effective Sept. 9, 2026.
