CBL & Associates Properties, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 9, 2026, reporting condensed consolidated financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Nine-month net income: The company reported net income of $104,551 thousand for the nine months ended September 30, 2026, compared with $85,605 thousand for the same period in 2025, according to the filing.
  • Third-quarter net income: Net income for the three months ended September 30, 2026 was $11,845 thousand, compared with $75,060 thousand for the three months ended September 30, 2025.
  • Total revenues nine months: Total revenues for the nine months ended September 30, 2026 were $441,144 thousand, up from $421,953 thousand in the same prior-year period.
  • Mortgage and other indebtedness: As of September 30, 2026, mortgage and other indebtedness, net, stood at $2,025,450 thousand, down from $2,170,785 thousand at December 31, 2025.
  • Shares outstanding: As of November 3, 2026, 30,940,789 shares of common stock were outstanding, excluding 34 treasury shares.
  • Accumulated deficit reduced: The accumulated deficit narrowed to $266,256 thousand as of September 30, 2026 from $312,961 thousand at December 31, 2025.
  • Diluted earnings per share nine months: Diluted earnings per share attributable to common shareholders for the nine months ended September 30, 2026 were $3.31, compared with $2.78 in the prior-year period.

CBL & Associates Reports Q3 2026 Financial Position and Operating Results

CBL & Associates Properties, Inc. (NYSE:CBL), a Delaware-incorporated real estate investment trust headquartered at 2030 Hamilton Place Blvd., Suite 500, Chattanooga, TN, filed its quarterly report covering the period ended September 30, 2026. According to the filing, total revenues for the nine months ended September 30, 2026 reached $441,144 thousand, driven primarily by rental revenues of $427,252 thousand, compared with $408,599 thousand in rental revenues for the same nine-month period in 2025. For the third quarter alone, total revenues were $148,697 thousand versus $139,280 thousand in the year-earlier quarter.

The filing disclosed that total expenses for the nine months ended September 30, 2026 were $315,779 thousand, a decrease from $336,097 thousand in the prior-year nine-month period. Depreciation and amortization for the nine months was $109,465 thousand, compared with $125,143 thousand in the same period of 2025. Interest expense for the nine months was $148,742 thousand versus $132,963 thousand. The filing also reported equity in earnings of unconsolidated affiliates of $49,834 thousand for the nine months ended September 30, 2026, compared with $15,046 thousand in the corresponding prior-year period. A gain on deconsolidation of $41,152 thousand was recorded for the nine months ended September 30, 2026, against $33,851 thousand in the same period of 2025.

On the balance sheet as of September 30, 2026, net investment in real estate assets was $1,867,122 thousand, and total assets were $2,660,818 thousand, compared with $2,729,099 thousand at December 31, 2025. Total shareholders' equity increased to $422,186 thousand from $374,936 thousand at December 31, 2025. The filing noted that as of September 30, 2026, consolidated variable interest entities accounted for $155,197 thousand of assets and $174,402 thousand of liabilities. The company identified itself as an accelerated filer and confirmed it is not a shell company.

What Was Disclosed

CBL & Associates Properties filed its 10-Q for the quarter ended September 30, 2026, disclosing nine-month net income of $104,551 thousand, total revenues of $441,144 thousand, reduced total debt of $2,025,450 thousand, and total shareholders' equity of $422,186 thousand as of period end.