MLCI
Mount Logan Capital Inc.8.50
+0.14+1.67%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
108.69MP/E (TTM)
-Basic EPS (TTM)
-2.34Dividend Yield
0.03%Recent Filings
10-K
FY2025 results
Mount Logan Capital Inc. closed FY2025 ended December 31, 2025 with $2.1B AUM, down slightly from $2.3B amid BDC merger and fund wind-downs, yet Asset Management FRE held steady at $8.5M despite Logan Ridge fee loss offset by new Vista fees. Insurance Solutions SRE swung to breakeven from $13.7M amid lower yields and LTC reserve hits, with net invested assets up 3% to $1.1B; Q4 saw $43M MYGA inflows but rising surrenders. Q4 momentum mixed: AUM stabilized via Ability growth, but $25.5M LTC goodwill impairment flagged. Liquidity strong at $134M unrestricted cash; $15M tender offer and $10M buyback signal capital return. No 2026 guidance disclosed. Illiquid assets pose valuation risks.
8-K
Q4 results with growth deals
Mount Logan Capital reported a $60.8M net loss for 2025, driven by Business Combination costs, impairments, and insurance headwinds that erased spread-related earnings. Yet SOFIX signed to acquire $100M+ Yieldstreet assets, projecting $2.8M FRE boost. Completed Ability investment. Shareholder returns continue.
8-K
MLM signs $5M TSA for AIF records
Mount Logan subsidiary MLM inked a Transition Services Agreement with Willow on March 18, 2026, tied to SOFIX's pending acquisition of Yieldstreet AIF's assets. Willow grants two-year access to six years of AIF records for $5M total fees: $2M cash, $1M MLCI restricted shares at closing, up to $2M sub-advisory rebates. Indemnities cover pre-closing liabilities; termination possible by Dec 31, 2026. Deal smooths asset integration.
8-K
CFO transition announced
Mount Logan Capital appointed Brandon Satoren as CFO and Corporate Secretary effective April 1, 2026, succeeding Nikita Klassen who resigns March 31, 2026, without disagreements. Satoren, currently CFO at BCIC and Mount Logan's interval funds, brings deep platform knowledge via the Servicing Agreement with BCPA. Leadership continuity spans affiliates. Conflicts exist with BCPA.
8-K
Closes $40M notes offering
Mount Logan Capital closed its $40.0 million 8.00% Notes due 2031 on January 26, 2026, via indenture with U.S. Bank Trust. Senior unsecured, they pay quarterly interest starting April 30, 2026, and are redeemable after January 31, 2028. Proceeds repay credit facility debt; remainder for general purposes. Listing on Nasdaq as MLCIL soon.
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