RFA Financial Inc. (TSX:RFA)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.26B +75.5% |
| Revenue (ttm) | 199.77M -17.7% |
| Net Income | -87.80M |
| EPS | -2.67 |
| Shares Out | 46.42M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 1.80 (6.63%) |
| Ex-Dividend Date | Mar 31, 2026 |
| Volume | 44,230 |
| Open | 27.23 |
| Previous Close | 27.15 |
| Day's Range | 26.72 - 27.30 |
| 52-Week Range | 17.64 - 34.49 |
| Beta | 0.52 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 12, 2026 |
About RFA Financial
RFA Financial Inc. is a diversified commercial real estate investment trust and is an unincorporated closed-end real estate investment trust, created under, and governed by, the laws of the Province of Manitoba. The REIT was created pursuant to the Declaration of Trust dated November 8, 2004, as most recently amended and restated on December 19, 2021. Certain of the REIT's securities are listed on the Toronto Stock Exchange. The REIT's common units trade under the symbol AX.UN and the REIT's preferred units trade under the symbols AX.PR.E and A... [Read more]
Financial Performance
In 2024, RFA Financial's revenue was 206.47 million, a decrease of -23.14% compared to the previous year's 268.64 million. Losses were -60.40 million, -82.50% less than in 2023.
Financial StatementsNews
RFA Financial Earnings Call Transcript: Q1 2026
Formed by a recent merger, the company reported strong Q1 growth in mortgage originations and real estate asset sales, with a robust balance sheet and disciplined capital allocation. Targets include significant lending asset growth and sustainable dividends as integration progresses.
RFA Financial Earnings release: Q1 2026
RFA Financial released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.
RFA Financial Slides: Q1 2026
RFA Financial has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
RFA Financial Transcript: EGM 2025
Unit holders approved a merger with RFA Capital Holdings Inc., forming RFA Financial Inc. with 68% ownership for current holders, and passed a revised equity incentive plan. All resolutions were approved by the required margins, with a Q&A session following.
RFA Financial Earnings release: Q3 2025
RFA Financial released its Q3 2025 earnings on November 14, 2025, summarizing the period's financial results.
RFA Financial Transcript: M&A Announcement
A transformative merger will create a diversified, bank-led financial services platform by combining real estate and financial services assets. Artis unit holders will own 68% of the new entity, which targets accelerated growth, a sustainable dividend, and enhanced shareholder value.
RFA Financial Press release: M&A Announcement
RFA Financial issued a press release on September 15, 2025, disclosing material business information to investors.
RFA Financial Slides: M&A Announcement
RFA Financial has posted slides in relation to its latest quarterly earnings report, which was published on September 15, 2025.
RFA Financial Earnings Call Transcript: Q2 2025
Occupancy rose to 87.8% with steady leasing and 3.6% rent growth on renewals. Debt to gross book value was 41.1%, and net asset value per unit reached CAD 12.98. Dispositions and unit repurchases supported de-leveraging and balance sheet strength.
RFA Financial Earnings release: Q2 2025
RFA Financial released its Q2 2025 earnings on August 8, 2025, summarizing the period's financial results.
RFA Financial Transcript: AGM 2025
The meeting reviewed strong asset monetization and leverage reduction in 2024, approved all motions including trustee elections and auditor reappointment, and reaffirmed ESG commitments. Strategic focus remains on maintaining liquidity and preparing for market opportunities as conditions improve.