Atrium mortgage investment corporation announces strong second quarter results with record mortgage portfolio balance

Toronto, ontario--(newsfile corp. - august 8, 2024) - atrium mortgage investment corporation (tsx: ai) (tsx: ai.db.d) (tsx: ai.db.e) (tsx: ai.db.f) (tsx: ai.db.g) today released its financial results for the three and six months period ended june 30, 2024. highlights quarterly basic and diluted earnings per share of $0.26 quarterly net income of $11.5 million record mortgage portfolio of $907.8 million amended the credit facility to increase the maximum available amount to $340 million high quality mortgage portfolio 96.8% of portfolio in first mortgages 89.5% of portfolio is less than 75% loan to value average loan-to-value is 64.4% "atrium continued to deliver strong returns for shareholders by posting earnings per share of $0.26 for the second quarter and $0.53 year to date.
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