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Dec 31, 2021
Ares Commercial Real Estate Q4 2021 Earnings Report
Ares Commercial Real Estate reported strong earnings driven by record originations and stable credit quality.
Key Takeaways
Ares Commercial Real Estate Corporation reported GAAP net income of $17.2 million or $0.36 per diluted common share and Distributable Earnings of $19.4 million or $0.41 per diluted common share for the fourth quarter of 2021. The company generated strong earnings for both the fourth quarter and full year driven by record originations of $1.4 billion while maintaining stable credit quality.
Generated strong earnings for the fourth quarter and full year.
Achieved record originations of $1.4 billion.
Maintained stable credit quality.
Declared first quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common share.
Forward Guidance
The Company is optimistic that 2022 will be another great year for the Company and its shareholders.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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