Timbercreek Financial Reports Q2 GAAP EPS of $0.09
Timbercreek Financial reported a second-quarter GAAP earnings per share (EPS) of $0.09, reflecting strong performance in originations during the period. The company advanced $153.5 million in new and existing net mortgages, contributing to an increase in its net mortgage portfolio by $29.9 million or 2.7% year-over-year. The growth brought the total net mortgage portfolio to $1,143.9 million as of Q2 2026. The results highlight Timbercreek's ability to expand its lending activities and maintain a growing asset base despite broader market challenges in the financial sector.
