Sachem Capital Reports Full Year 2023 Results [Yahoo! Finance]
Sachem Capital Corp. Common Shares (SACH)
NASDAQ:AMEX Investor Relations:
sachemcapitalcorp.com
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Source: Yahoo! Finance
BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the year ended December 31, 2023. The Company will host a conference call on Monday, April 1, 2024 at 8:00 a.m. Eastern Time to discuss its financial and operating results. John Villano, CPA, Sachem Capital's Chief Executive Officer commented, “While we remained disciplined and focused as we grew 2023 revenue nearly 26% over the prior year, we were met with a difficult macroeconomic backdrop including rising interest rates, weakness in commercial real estate, specifically office, and banking sector challenges. As a result, changes in the values of certain commercial properties secured by our loans, resulted in a decline of 29.4% in net income attributable to common shareholders and 40.1% in earnings per share, respectively. Despite these ongoing obstacles, we remain focused on areas of our business we can control and will continue our efforts to protect
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SACH
News
- Sachem Capital: Avoid The 12% Common Dividend Yield For The Bonds [Seeking Alpha]Seeking Alpha
- Sachem Capital Corp. (AMEX:SACH) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Sachem Capital: Stock Gives Back Recent Gains After Reporting Earnings [Seeking Alpha]Seeking Alpha
- Sachem Capital Reports Full Year 2023 ResultsGlobeNewswire
- Sachem Capital Corp. Announces Dividend of $0.11 Per ShareGlobeNewswire
SACH
Earnings
- 11/13/23 - Beat
SACH
Sec Filings
- 4/2/24 - Form 8-K
- 4/1/24 - Form 10-K
- 3/20/24 - Form 4
- SACH's page on the SEC website