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Franklin BSP Realty Trust Inc (FBRT) Q4 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]

Franklin BSP Realty Trust, Inc. (FBRT) 
Company Research Source: Yahoo! Finance
5 min read GAAP Earnings: $0.29 per diluted common share for Q4 2024; $0.82 for the year ended 2024. Distributable Earnings: $0.30 per diluted common share for Q4 2024; $0.92 for the year ended 2024. Loan Originations: $441 million in new loan commitments during Q4 2024. Loan Repayments: $641 million in loan repayments during Q4 2024. Portfolio Size: $5 billion principal balance at year-end 2024. Liquidity: $535 million, including $184 million in unrestricted cash at year-end 2024. Net Leverage Position: 2.6 times at the end of Q4 2024. Book Value: $15.19 per fully converted common share at year-end 2024. REO Portfolio Sales: $159 million of REO properties sold in 2024. Watch List: 3.8% of the portfolio at quarter-end, reduced to 2.3% after asset sale in Q1 2025. Average Cost of Debt: 2.12% on the core portfolio. Multi-Family Sector Exposure: 71% of the portfolio. Warning! GuruFocus has detected 9 Warning Signs with FBRT. Release Date: February 14, 2025 Show less Read more
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