Q1 2026 Timbercreek Financial Corp Earnings Call Transcript
(audio in progress) I would now like to turn the meeting over to Blair Tamblyn. Please go ahead.
Thank you. Good afternoon, everyone, and thank you for joining us. With me on the call today are Scott Rowland, our Chief Investment Officer; Tracy Johnson, our Chief Financial Officer; and Geoff McTait, who leads Canadian Originations and Global Syndication. Q1 marked a good start 2026 with strong origination activity and continued progress in repositioning the portfolio. During the quarter, we deployed $224 million and the portfolio has grown nearly 15% year over year to approximately $1.24 billion, reflecting the same level of lending activity we've seen over the past 12 months.
Net investment income for the quarter was solid at $25.1 million. Our distributable income was $0.18 per share resulting in a payout ratio of 98.5%. Importantly, we continue to make steady progress resolving the legacy stage loans and redeploying that capital into high-quality income
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