Starwood Property Trust Earnings Reports

Starwood Property Trust's Q4 2024 revenue reached $496.67 million, driven by interest income from loans and investment securities. Net income for the quarter was $51.6 million, significantly impacted by a $52.4 million credit loss provision. Distributable earnings stood at $166.7 million, with a GAAP EPS of $0.15 and a non-GAAP EPS of $0.48.

Starwood Property Trust reported a net income of $76.1 million and Distributable Earnings of $159.0 million for Q3 2024. They originated or acquired $2.1 billion of assets and raised $800 million in capital, bringing liquidity to a record $1.8 billion.

Starwood Property Trust reported a GAAP net income of $77.9 million and Distributable Earnings of $157.8 million for the second quarter of 2024. The company's diversification strategy, with over 40% of assets outside commercial lending, and low leverage ratios contributed to outperformance in a challenging real estate environment. The company declared a dividend of $0.48 per share for the quarter.

Starwood Property Trust reported a GAAP net income of $154.3 million and Distributable Earnings of $191.6 million for the first quarter of 2024, which include net gains of $90.8 million and $37.4 million, respectively, from the sale of the Master Lease Portfolio. The company issued $600 million of senior unsecured sustainability notes due 2029 and saw over $1.0 billion in loan repayments. Liquidity increased to a record $1.5 billion.

Starwood Property Trust's Q4 2023 GAAP net income was $71.0 million, or $0.22 per diluted share, while Distributable Earnings was $189.4 million, or $0.58 per diluted share. The company originated or acquired $1.6 billion of assets and received repayments of $1.1 billion during the quarter. Liquidity increased to $1.2 billion.

Starwood Property Trust reported a net income of $47.4 million and Distributable Earnings of $158.4 million for the quarter ended September 30, 2023. The company originated or acquired $652 million of assets and received repayments of $1.1 billion during the quarter.

Starwood Property Trust reported a GAAP net income of $168.8 million and Distributable Earnings of $157.5 million for Q2 2023. The company received repayments of $1.3 billion during the quarter and $0.5 billion subsequent to quarter end. They also issued $381 million of 2027 Sustainable Convertible Notes subsequent to quarter end and paid a dividend of $0.48 per share.