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Mar 31, 2023

Arbor Realty Q1 2023 Earnings Report

Reported first quarter 2023 results and increased dividend by $0.02 to $0.42 per share.

Key Takeaways

Arbor Realty Trust reported a net income of $84.3 million, or $0.46 per diluted common share, and distributable earnings of $122.2 million, or $0.62 per diluted common share, for the first quarter ended March 31, 2023. The company's fee-based servicing portfolio totaled $28.91 billion.

Net income for the quarter was $84.3 million, or $0.46 per diluted common share.

Distributable earnings for the quarter was $122.2 million, or $0.62 per diluted common share.

The Agency Business generated revenues of $80.4 million.

The Company’s fee-based servicing portfolio totaled $28.91 billion.

Total Revenue
$109M
Previous year: $84.1M
+29.0%
EPS
$0.46
Previous year: $0.4
+15.0%
Servicing Portfolio
$28.9B
Previous year: $27B
+7.2%
Cash and Equivalents
$775M
Previous year: $351M
+120.8%
Total Assets
$16.6B
Previous year: $16.3B
+1.7%

Arbor Realty

Arbor Realty

Arbor Realty Revenue by Segment

Forward Guidance

Safe Harbor Statement Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.