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Dec 31, 2024
Chicago Atlantic Q4 2024 Earnings Report
Chicago Atlantic reported stable loan funding activity and strong net income for Q4 2024.
Key Takeaways
Chicago Atlantic posted Q4 2024 revenue of $15.48 million, with net income reaching $7.92 million. EPS came in at $0.39 per diluted share. Loan fundings for the quarter totaled $90.7 million, with $52.6 million to new borrowers. The company also built a pipeline of potential fundings nearing $500 million and maintained a disciplined underwriting process.
Total revenue reached $15.48 million in Q4 2024.
Net income was $7.92 million, with an EPS of $0.39.
Loan fundings totaled $90.7 million, including $52.6 million for new borrowers.
Pipeline of potential fundings neared $500 million.
Forward Guidance
Chicago Atlantic expects continued loan growth and steady earnings in 2025, supported by a strong funding pipeline and disciplined underwriting.
Positive Outlook
- Strong pipeline of potential loan fundings for 2025.
- Stable net interest income expected despite rate fluctuations.
- High-quality loan portfolio with strong credit underwriting.
- Increased focus on secured lending opportunities.
- Maintaining high liquidity to support growth initiatives.
Challenges Ahead
- Potential impact from regulatory uncertainty in cannabis lending.
- Macroeconomic risks may affect borrower demand.
- Pressure from interest rate movements impacting loan yields.
- Higher credit loss provisions expected due to economic conditions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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