CMRE▲
Costamare posts $77.4 million Q2 net income and secures $1.3 billion in new financing
Costamare Inc. reported second-quarter 2026 net income from continuing operations available to common stockholders of $77.4 million, or $0.64 per share, while announcing $1.3 billion in new bilateral financing agreements with leading US, European and Asian banks. The company concluded new financing agreements for $920 million and refinanced existing obligations, with bilateral commitments for additional refinancings of up to $331 million expected to be finalized during the third quarter. Adjusted net income from continuing operations available to common stockholders was $75.1 million, or $0.62 per share, and total liquidity stood at $423.0 million. The containership fleet is 97% fixed for 2026 and 94% for 2027, with contracted revenues of approximately $6.1 billion and a TEU-weighted duration of 5.9 years. Costamare also declared a quarterly common stock dividend of $0.125 per share, payable on August 6, 2026.
CMDB · Capital · Positive Costamare reported strong Q2 net income and secured $1.3 billion in new financing, including new agreements and refinancing.
CMRE · Capital · Positive Reported $77.4M Q2 net income and secured $1.3B in new bilateral financing agreements plus refinancings.
CMRE · Demand · Positive Fleet 97% fixed for 2026 and 94% for 2027 with ~$6.1B contracted revenues, indicating strong charter demand.