Arbor Realty Q4 2023 Earnings Report
Key Takeaways
Arbor Realty Trust reported a net income of $91.7 million, or $0.48 per diluted common share, for the fourth quarter ended December 31, 2023. Distributable earnings for the quarter were $104.1 million, or $0.51 per diluted common share. The company declared a cash dividend of $0.43 per share.
GAAP net income of $0.48 per diluted common share
Distributable earnings of $0.51, or $0.54 per diluted common share excluding a $7.0 million realized loss on an office property that was previously reserved for
Declared cash dividend on common stock of $0.43 per share representing an annualized dividend of $1.72 per share
Agency loan originations of $1.44 billion and a servicing portfolio of ~$30.98 billion, up 3.5%
Arbor Realty
Arbor Realty
Arbor Realty Revenue by Segment
Forward Guidance
The Company will host a conference call today at 10:00 a.m. Eastern Time to discuss earnings.