Atrium Mortgage Investment Corporation Announces Third Quarter Earnings, 2027 Regular Dividend Policy and Declares First Quarter 2027 Dividends

Rob Goodall, CEO of Atrium Mortgage Investment Corporation

“Atrium delivered solid results for the third quarter and for the first nine months of 2026, while maintaining its disciplined approach to portfolio management and recognizing prudent provisions for credit losses. Although commercial real estate conditions have remained relatively stable, residential market activity softened in the third quarter after showing signs of improvement earlier in the year. Against this backdrop, Atrium earned basic earnings per share of $0.71 for the year-to-date, which is in excess of our regular dividend. The portfolio had 96.8% invested in first mortgages and a modest weighted average loan-to-value of 63.2%(1). Our mortgage portfolio increased to $869.1 million as at September 30, 2026, from $860.1 million at June 30, 2026. During the quarter, we originated $10.6 million in mortgages from our new Alberta office, and the BC office also had a very productive quarter. We have strategically and deliberately reduced the risk profile of the portfolio in 2026 by: i.) Broadening geographic diversification by growing mortgage origination activity in Western Canada, and ii.) Increasing the proportion of the portfolio secured by revenue producing properties, including industrial, retail and apartment loans, as well as single family loans. This strategy will enhance the resilience of our portfolio during this period of continued uncertainty in the overall market. We anticipate an active fourth quarter for new business and reaffirm our earlier target that the mortgage portfolio should finish the year at approximately $900 million.”