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Arbor Realty Trust reported a net income of $69.9 million, or $0.41 per diluted common share, and distributable earnings of $93.7 million, or $0.52 per diluted common share, for the quarter ended June 30, 2022.
Net income for the quarter was $69.9 million, or $0.41 per diluted common share.
Distributable earnings for the quarter was $93.7 million, or $0.52 per diluted common share.
The Agency Business generated revenues of $68.8 million for the quarter.
The Company’s fee-based servicing portfolio totaled $26.77 billion at June 30, 2022.
No specific forward guidance was provided in the press release.