Costamare reports results for the third quarter and nine-month period ended September 30, 2026

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Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2026.

PROFITABILITY AND LIQUIDITY

  • Q3 2026 Adjusted Net Income from Continuing operations1 available to common stockholders2 of $89.4 million ($0.74 per share).
  • Q3 2026 Net Income from Continuing operations1 available to common stockholders of $88.5 million ($0.73 per share).
  • Q3 2026 liquidity of $733.1 million3.

ENTRY INTO BILATERAL FINANCING AGREEMENTS OF $1.4 BILLION, INCLUDING NEW AND PREVIOUSLY ANNOUNCED TRANSACTIONS, WITH LEADING US, EUROPEAN AND ASIAN BANKS

  • Concluded previously announced financing agreements and drew $1.3 billion since the end of Q2 2026, refinancing existing debt obligations across 39 vessels.
  • Signed a $92 million loan agreement with an Asian bank for two vessels, with drawdown expected in Q4 2026.

-All new financing agreements relate to vessels in our existing fleet.

-The new arrangements provide interest cost savings and extend debt maturities.

– The Company’s unencumbered fleet now comprises 23 vessels.

FLEET EMPLOYMENT4

  • 100% and 99% of the containership fleet5 was fixed for 2026 and 2027, respectively.
  • Contracted revenues for the containership fleet were approximately $6.0 billion6 with a TEU-weighted duration of 5.8 years7.

LEASE FINANCING PLATFORM

  • Controlling interest in Neptune Maritime Leasing Limited (“NML”).
  • Leasing platform with 47 shipping assets funded or on a commitment status basis, representing total investments and commitments of more than $650 million8.

DIVIDEND ANNOUNCEMENTS

  • On October 1, 2026, the Company declared a dividend of $0.125 per share on the common stock, which is payable on November 5, 2026, to holders of record of common stock as of October 20, 2026.
  • On October 1, 2026, the Company declared a dividend of $0.476563 per share on the Series B Preferred Stock, $0.531250 per share on the Series C Preferred Stock and $0.546875 per share on the Series D Preferred Stock, which were all paid on October 15, 2026, to holders of record as of October 14, 2026.