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Timbercreek Financial (TSE:TF)
:TF
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 9.96%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook for the company with strong net investment income and a stable dividend. However, challenges such as market volatility due to tariff disputes and an increase in loan-to-value ratios were noted. The company expressed confidence in resolving these issues and maintaining strong financial performance.Company Guidance
During Timbercreek Financial's first-quarter earnings call for fiscal year 2025, the company reported net investment income of $28.6 million, and distributable income of $0.19 per share, with a payout ratio of 93%. Earnings per share were $0.18, aligning with expectations. The portfolio's weighted average interest rate decreased to 8.7% from 8.9% in Q4 2024, reflecting a reduction following the Bank of Canada's 225 basis points rate cut. The company's book value per share was $8.28, approximately 20% above the weighted average trading price in Q1. The portfolio's loan-to-value ratio increased from 63.3% in Q4 to 66.2% in Q1, while 88.3% of the portfolio consisted of first mortgages. The company advanced nearly $150 million in new mortgage investments and ended the quarter with a portfolio balance just under $1.1 billion. Timbercreek Financial highlighted its strategy's resilience and noted a 10% dividend yield, which is a 7% premium over short-term Canadian bond yields.Strong Net Investment Income
Net investment income was $28.6 million, up from $27.9 million in Q4 2024 and $24.6 million in Q1 2024.
Positive Distributable Income and Dividend Coverage
Distributable income was $0.19 per share with a payout ratio of 93%, maintaining a stable dividend.
Increase in Portfolio Size
The portfolio is 10% or $100 million higher than Q1 of last year.
Reduction in Credit Facility Utilization
The balance on the credit facility was reduced to $331 million from $396 million at the end of Q4 2024.
Sale of Senior Living Facilities
Successfully closed the sale of 3 senior living facilities, freeing up capital for higher-yielding mortgages.
TSE:TF Earnings History
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:TF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | C$6.83 | C$6.96 | +1.90% |
Feb 26, 2025 | C$6.56 | C$6.66 | +1.52% |
Oct 30, 2024 | C$7.74 | C$7.16 | -7.49% |
Jul 31, 2024 | C$7.07 | C$7.09 | +0.28% |
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 Timbercreek Financial (TSE:TF) report earnings?
Timbercreek Financial (TSE:TF) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Timbercreek Financial (TSE:TF) earnings time?
Timbercreek Financial (TSE:TF) earnings time is at Jul 30, 2025, TBA Not 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:TF EPS forecast?
TSE:TF EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.