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Stock impact report

Apollo Commercial Real Estate Finance, Inc. Reports Third Quarter 2019 Financial Results

Apollo Commercial Real Estate Finance, Inc (ARI) 
Last apollo commercial real estate finance, inc earnings: 2/13 04:30 pm Check Earnings Report
US:NYSE Investor Relations: apolloreit.com
Company Research Source: GlobeNewswire
NEW YORK, Oct. 23, 2019 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported financial results for the quarter ended September 30, 2019. Third Quarter 2019 Highlights Reported net income available to common stockholders for the three months ended September 30, 2019 of $25.7 million, or $0.16 per diluted share of common stock; these amounts reflect (i) a provision for loan losses totaling $32.0 million, or $0.21 per share of common stock, recorded in connection with a first mortgage loan secured by a retail center in Cincinnati, OH; and (ii) a provision for loan losses totaling $3.0 million, or $0.02 per share of common stock, recorded in connection with a first mortgage loan secured by a residential for sale property in Bethesda, MD. Reported net income available to common stockholders for the nine months ended September 30, 2019 of $143.1 million, or $0.97 per dil Show less Read more
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