Chicago Atlantic Real Estate Finance (REFI) Change in Net Loans (2022 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly Change in Net Loans came in at $51.6 million in Q1 2026, up 462.29% year-on-year from $9.2 million in Q1 2025, and up 431.38% quarter-over-quarter from $9.7 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Change in Net Loans (2022 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed Change in Net Loans across 5 years of filings, most recently posting $51.6 million for Q1 2026.

  • Change in Net Loans for Q1 2026 came in at $51.6 million, up 462.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.6 million (up 12.64% YoY), and the FY2025 annual result was $79.2 million, down 22.68% from the prior year.
  • Change in Net Loans came in at $51.6 million for Q1 2026 at Chicago Atlantic Real Estate Finance, up from $9.7 million in the prior quarter.
  • In the past five years, Change in Net Loans ranged from a high of $57.2 million in Q3 2025 to a low of $3.1 million in Q2 2025.
  • The 5-year median for Change in Net Loans is $12.5 million (2023), against an average of $22.9 million.
  • Across the five-year window, Change in Net Loans slumped 91.83% in 2024 and surged 462.29% in 2026, its largest moves.
  • Chicago Atlantic Real Estate Finance's Change in Net Loans stood at $10.8 million in 2022, then gained by 29.56% to $14.0 million in 2023, then surged by 172.54% to $38.3 million in 2024, then plunged by 74.64% to $9.7 million in 2025, then soared by 431.38% to $51.6 million in 2026.
  • The last three Change in Net Loans figures came in at $51.6 million (Q1 2026), $9.7 million (Q4 2025), and $57.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Net Loans (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - 17,000.00
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 565.67 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - 51.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 51.57 Mn
Dec 31, 2025 9.70 Mn
Sep 30, 2025 57.24 Mn
Jun 30, 2025 3.11 Mn
Mar 31, 2025 9.17 Mn
Dec 31, 2024 38.26 Mn
Sep 30, 2024 42.56 Mn
Jun 30, 2024 17.97 Mn
Mar 31, 2024 3.66 Mn
Dec 31, 2023 14.04 Mn
Sep 30, 2023 10.93 Mn
Jun 30, 2023 7.05 Mn
Mar 31, 2023 44.86 Mn
Dec 31, 2022 10.84 Mn