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Dec 31, 2022
Chicago Atlantic Q4 2022 Earnings Report
Announced fourth quarter and year ended December 31, 2022 financial results.
Key Takeaways
Chicago Atlantic reported improved credit quality of the portfolio, increased the floating rate portion to 83%, and increased the weighted average yield to maturity to 19.7%. Net new originations were nearly $6 million.
Improved the credit quality of the portfolio substantially this quarter.
Net new originations of nearly $6 million.
Increased the floating rate portion of the portfolio to 83%.
Increased the weighted average yield to maturity to 19.7%.
Forward Guidance
Chicago Atlantic offered the following outlook for full year 2023: This outlook does not include additional adjustments to the Prime rate subsequent to the date hereof or the impact of any unscheduled loan principal repayments.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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