AFC Gamma (AFCG) Q1 Earnings Report: $90M in New Loans Closed
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAFC Gamma (AFCG) reported its first-quarter results for 2026, marking its initial operations as a business development company (BDC). The firm closed two non-cannabis loans totaling approximately $90 million during the quarter, with an additional $5 million post-quarter. Net fundings reached $39.1 million, and the company has a deal pipeline exceeding $1.5 billion. Additionally, the NAV rose to $7.90, resulting from $0.21 per-share net investment income; the board declared a $0.05 quarterly dividend and authorized a $5 million share buyback.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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