Alpine Income swings to $2.4M profit as commercial loan portfolio doubles to $217M

Filed April 23, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 24, 2025 · ~1 min read

Key Changes

• high

  Net income reached $2.4M in Q1 2026 vs. $1.3M loss in Q1 2025, driven by $3.5M increase in loan interest income and $1.5M reduction in impairment charges.

  MD&A: Net Income Turnaround verify on EDGAR →
• high

  Commercial loan portfolio nearly doubled from $110M to $217M, expanding from 11 to 18 loans and driving interest income from $2.3M to $5.8M quarter-over-quarter.

  MD&A: Commercial Loan Portfolio verify on EDGAR →
• high

  FFO attributable to common stockholders rose 28% to $8.9M from $6.9M, now adjusted for $1.1M in preferred distributions following new preferred stock ATM program launch.

  MD&A: FFO Reconciliation verify on EDGAR →