NYSE$SACH

Sachem Capital Corp · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Sachem Capital reported fiscal 2025 net income of $1.8M ($0.04 per share) with net interest income of $11.7M.

The mortgage REIT earned net income attributable to common shareholders of $1.8M ($0.04 per share) versus a $43.9M loss in 2024 as credit charges fell and large loan-sale losses did not repeat. Net interest income was $11.7M on lower average loans ($269M average balance, 12.0% yield). NIM compressed to 3.1%. The company issued $100M of 9.875% senior secured notes and sold its Westport office for ~$19.9M cash.

  • FY2025 net income $1.8M ($0.04/share) vs prior-year loss.
  • Net interest income $11.7M (-43% YoY) on smaller book.
  • Net interest margin 3.1% (-130 bps).
  • $100M senior secured notes issued; debt maturities extended.
  • Book value per share $2.46; dividends $14M paid in 2025.

Headline financials

Total Revenue

$11.7M

Previous: $57.5M-79.7%
EPS (adj)

$0.04

Previous: -$0.93+104.3%
Net interest margin

3.1%

No prior period
Net Income

$1.8M

Previous: -$43.9M+104.1%

Revenue & EPS history

Sachem Capital · Revenue · Quarterly

$11.7M

Q4 2025-79.7%vs Q4 2024
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Forward guidance

Management focuses on conservative underwriting, resolving legacy exposures, and originating high-quality secured loans while maintaining REIT distribution requirements (90% of taxable income).

Tailwinds

  • Return to profitability after 2024 loss year.
  • Lower credit-related charges vs 2024.
  • Westport sale generated $19.9M cash and $4M gain.
  • Senior notes diversified funding at 9.875%.

Headwinds

  • Net interest income down on smaller loan book.
  • NIM compression from higher cost of capital.
  • Still navigating legacy credit exposures.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.1%

Avg return

30 days after

46%

17 / 37 earnings

Positive

+37.6%

Q1 2026

Best reaction

-18.8%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+37.6%+19.8%-7.6%
Q4 2025+1.5%-11.5%-3.7%
Q3 2025+1.0%+0.9%+2.8%
Q2 2025-1.8%-2.6%+6.9%
Q1 2025-3.9%-6.5%-4.2%
Q4 2024-9.6%+0.9%-10.4%
Q3 2024-8.2%-15.4%-32.8%
Q2 2024-1.7%-1.3%+9.0%
Q1 2024+0.3%+1.6%-6.6%
Q4 2023-18.8%-19.1%-29.4%
Q3 2023+2.6%+3.5%+12.5%
Q2 2023-3.5%-3.7%+4.0%
Q1 2023-7.5%-6.3%-0.6%
Q4 2022+1.4%-1.1%-5.2%
Q3 2022+11.7%+7.5%+4.5%
Q2 2022-1.0%+0.6%-14.2%
Q1 2022+1.9%+1.9%+7.3%
Q4 2021+1.2%-1.7%-6.8%
Q3 2021+2.1%+1.6%+1.2%
Q2 2021-0.6%-5.5%+2.4%
Q1 2021+0.0%-2.3%+0.0%
Q4 2020+3.3%+4.8%-0.6%
Q3 2020+5.0%-0.2%+3.9%
Q2 2020+4.2%+2.3%-3.4%
Q1 2020+24.5%+6.1%+39.3%
Q4 2019-16.7%-19.6%+17.7%
Q3 2019-1.6%-1.2%+5.4%
Q2 2019-2.2%-2.8%-7.2%
Q1 2019+3.1%+4.9%+17.7%
Q4 2018-1.8%+2.7%+0.9%
Q3 2018-5.4%-4.4%-5.6%
Q2 2018+2.9%+0.5%+2.0%
Q1 2018-2.7%-0.5%+10.9%
Q4 2017-3.5%+2.6%+4.2%
Q3 2017-6.7%-10.3%-6.7%
Q2 2017+0.0%+2.1%-7.4%
Q1 2017+1.9%+0.8%-3.3%

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