Timbercreek Financial reports solid Q1 2026 with $224M new mortgages and steady dividends.

Timbercreek Financial announced its Q1 2026 results, highlighting $224.2 million in new net mortgage originations and a 14.9% year-over-year increase in its net mortgage portfolio to $1.24 billion. Despite a slight dip in net investment income and earnings per share compared to Q1 2025, the company maintained steady distributable income and declared dividends of $0.17 per share. Timbercreek is actively resolving legacy loans and redeploying capital into high-quality investments, expecting substantial portfolio growth and capital recycling through 2026. The company also noted a lower weighted average interest rate on its portfolio due to policy rate cuts, balanced by lower funding costs and increased fee income.