RFA Financial Inc. Reports Third Quarter Results with C$18.0M Net Interest Income
RFA Financial Inc. has released its third-quarter financial results, reporting a net interest income of C$18.0 million. The company achieved a pre-provision pre-tax income of C$7.6 million, supported by a net interest margin of 2.6%, which adjusts to 2.4% when excluding non-cash purchase price adjustments. The firm's mortgage operations showed significant scale, with on-balance-sheet originations totaling C$198.5 million and off-balance-sheet originations reaching C$1.5 billion. As of September 30, 2026, mortgages under administration stood at C$24.0 billion, while the RFA Bank maintained a strong capital position with a common equity tier 1 ratio of 16.09%.
Topics: common equity tier 1 ratio financial results mortgage originations net interest income