---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-023179"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T11:06:43.602348+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BNL reports FY 2024 AFFO $1.43/share at top of guidance; guides FY 2025 $1.45-$1.49

## Summary
- FY 2024 net income $169.0M ($0.86/share), up 3.6% YoY; AFFO $282.0M ($1.43/share), at top end of guidance.
- Q4 2024: net income $27.6M ($0.14/share); AFFO $70.5M ($0.36/share).
- Portfolio 99.1% leased; invested $404.8M in 2024; completed healthcare divestiture with $364M in dispositions.
- Declared Q1 2025 dividend $0.29/share, payable April 15, 2025.
- FY 2025 AFFO guidance $1.45-$1.49/share, based on $400M-$600M investments and $50M-$100M dispositions.

## SEC filing metadata
- accession: 0000950170-25-023179
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000095017025023179/0000950170-25-023179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000095017025023179/bnl-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-023179
- JSON: https://secwatch.observer/filing/0000950170-25-023179.json
- Plain text: https://secwatch.observer/filing/0000950170-25-023179.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.