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Timbercreek Financial

11:16 AM EST - Timbercreek Financial : Announced today its financial results for the three months and year ended December 31, 2020 Net loss of $1.6 million includes $15.5 million of fair value losses on assets measured at fair value through profit and loss, most notably from a retail asset impacted by COVID-19. After adjusting primarily for these losses, adjusted net income and comprehensive income was $13.0 million, adjusted earnings per share was $0.16 and payout ratio on adjusted earnings per share was 107.2%. Timbercreek Financial shares T.TF are trading up $0.03 at $9.02.