• Chicago Atlantic Real Estate Finance posted first-quarter net income of $4.84 million, or $0.23 a share, down from $10.04 million, or $0.47 a share, a year earlier.
• Net interest income edged up to $13.12 million from $13.04 million, while provision for current expected credit losses swung to $3.84 million from a $1.07 million benefit.
• Total loan principal outstanding rose to $413.59 million from $411.08 million at end-2025, while unfunded commitments fell to $4.45 million from $31.12 million.
• Management said 100% of loans are protected by either fixed rates or floating rates with floors at or above Prime, citing federal rescheduling of medical cannabis from Schedule I to Schedule III last month as a potential credit positive for borrowers once implemented.
• Company expects to keep dividend payout ratio at roughly 90% to 100% of distributable earnings per weighted average diluted share for full-year 2026, flagging potential for a special dividend in fourth quarter if needed to meet taxable-income distribution requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Atlantic Real Estate Finance Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070700PRIMZONEFULLFEED9715064) on May 07, 2026, and is solely responsible for the information contained therein.