The earnings call reflected a company with strong financial performance and strategic progress, particularly in increasing earnings per share and maintaining a well-capitalized balance sheet. However, challenges remain due to a decline in average mortgage rates, an increase in Stage 2 and 3 loans, and a weak real estate market. Additionally, there was a setback in capital markets activities due to issues with the previous auditor.

Company Guidance -

Q3 2025

During the Atrium Mortgage Investment Corporation's second-quarter results conference call, several key metrics and guidance were discussed. Atrium reported earnings per share of $0.28 for Q2 2025, an increase from $0.26 in Q2 2024, and a year-to-date EPS of $0.53, surpassing the fixed dividend of $0.465. The mortgage balance grew to $921 million, up from $887 million at the start of the year. The average mortgage rate decreased to 9.3% from 9.98% due to loan repayments and Bank of Canada rate cuts. Stage 2 loans increased to $89.9 million, while Stage 3 loans rose to $45.7 million, with changes reflecting a more conservative approach to categorizing loans. Atrium maintained a strong balance sheet with debt at 41.6% of total assets and a $265 million draw on a $340 million credit facility, which was extended by two years. The company reported strong loan advances of $105 million for Q2 and $224 million for H1 2025, despite a slowdown in loan repayments to $60 million in Q2. Atrium's mortgage portfolio composition shifted towards lower-risk sectors, with commercial loans and single-family mortgages making up over 45% of the total. The loan-to-value ratio remained stable at 61.2%, and first mortgages accounted for 96.8% of the portfolio. Despite challenges in the real estate market, Atrium expressed confidence in its resilience and underwriting standards, with plans to address the auditor issue by Q3's end, potentially revisiting a convertible debenture offering depending on portfolio size and market conditions.

Increased Earnings Per Share

Earnings per share were $0.28 for the second quarter, up from $0.26 in the second quarter last year and $0.25 in the first quarter of this year.

Strong Loan Advances

Loan advances were $105 million in Q2 and $224 million for the first 6 months of 2025, nearly $50 million higher than the same period last year.

Well-Capitalized Balance Sheet

Balance sheet debt remained low at 41.6% of total assets, with $265 million drawn on a $340 million credit facility, leaving substantial additional capacity.

Portfolio Quality and Strategy

Commercial loans rose to 27% of the portfolio and single-family mortgages and apartments grew to 18%, representing over 45% of the total portfolio, up from 41% last year.

Atrium Mortgage Invest (TSE:AI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:AI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	0.26 / -	0.26	―	―	―
Aug 07, 2025	2025 (Q2)	0.24 / 0.27	0.26	3.85% (+0.01)	―	―
May 13, 2025	2025 (Q1)	0.25 / 0.25	0.27	-7.41% (-0.02)	―	―
Mar 06, 2025	2024 (Q4)	0.23 / 0.26	0.26	0.00% (0.00)	―	―
Nov 13, 2024	2024 (Q3)	0.25 / 0.26	0.25	4.00% (+0.01)	―	―
Aug 08, 2024	2024 (Q2)	0.27 / 0.26	0.32	-18.75% (-0.06)	―	―
May 14, 2024	2024 (Q1)	0.24 / 0.27	0.31	-12.90% (-0.04)	―	―
Feb 15, 2024	2023 (Q4)	0.26 / 0.26	0.3	-13.33% (-0.04)	―	―
Nov 14, 2023	2023 (Q3)	0.30 / 0.25	0.27	-7.41% (-0.02)	―	―
Aug 03, 2023	2023 (Q2)	0.30 / 0.32	0.25	28.00% (+0.07)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:AI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	C$11.73	C$11.75	+0.17%
May 13, 2025	C$10.79	C$10.78	-0.09%
Mar 06, 2025	C$10.21	C$10.48	+2.64%
Nov 13, 2024	C$10.43	C$10.58	+1.44%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Atrium Mortgage Invest (TSE:AI) report earnings?

Atrium Mortgage Invest (TSE:AI) is schdueled to report earning on Nov 12, 2025, After Close (Confirmed).

What is Atrium Mortgage Invest (TSE:AI) earnings time?

Atrium Mortgage Invest (TSE:AI) earnings time is at Nov 12, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:AI EPS forecast?

TSE:AI EPS forecast for the fiscal quarter 2025 (Q3) is 0.26.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing