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Mar 31, 2020
Arbor Realty Q1 2020 Earnings Report
Arbor Realty reported a net loss for the quarter and declared a dividend of $0.30 per share.
Key Takeaways
Arbor Realty Trust reported a GAAP net loss of $59.3 million, or $0.54 per diluted common share, and core earnings of $40.7 million, or $0.31 per diluted common share for the first quarter ended March 31, 2020. The company declared a cash dividend of $0.30 per share.
GAAP net loss of $59.3 million, or $0.54 per diluted common share
Core earnings of $40.7 million, or $0.31 per diluted common share
Declared a cash dividend on common stock of $0.30 per share
Issued $275.0 million of 4.50% senior unsecured notes due in 2027
Arbor Realty
Arbor Realty
Forward Guidance
The Company believes it was in compliance with all financial covenants and restrictions as of March 31, 2020 and as of the most recent collateralized securitization vehicle determination dates in April 2020.