Loading...
•
Sep 30, 2022
FBRT Q3 2022 Earnings Report
Announced third quarter results, reporting GAAP net income of $35.3 million and distributable earnings of $34.4 million.
Key Takeaways
Franklin BSP Realty Trust, Inc. reported a GAAP net income of $35.3 million or $0.34 per diluted share for the three months ended September 30, 2022. Distributable Earnings (a non-GAAP financial measure) was $34.4 million or $0.33 per fully converted share for the same period.
Produced a third quarter GAAP ROE of 8.6% and a Distributable Earnings ROE of 8.3%
Book value increased to $15.84 per fully converted share from $15.81 in the prior quarter
Declared third quarter common stock cash dividend of $0.355 representing a 9.0% yield on book value
Closed $470 million of new loan commitments at a weighted average spread of 651 basis points
Forward Guidance
FBRT's third quarter results highlight the stability of our platform, delivering a stable book value and earnings growth.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...