earnings
confidence high
sentiment neutral
materiality 0.80
Arbor Realty Q4 GAAP EPS $0.49, distributable EPS $0.60; declares $0.40 dividend
ARBOR REALTY TRUST INC
2022-FY EPS reported
$1.67
- GAAP net income $88.2M ($0.49/diluted) vs $106.0M ($0.71) in Q4 2021; full year $284.8M ($1.67) vs $317.4M ($2.28).
- Distributable earnings $114.0M ($0.60/diluted) Q4 vs $94.2M ($0.57) YoY; full year $405.7M ($2.23) vs $313.7M ($2.01).
- Declares $0.40/share quarterly dividend, payable March 17, 2023; dividend raised three times in 2022 to $1.60 annual run rate.
- Structured loan originations $500.5M Q4; Agency originations $1.55B; total structured portfolio $14.46B; servicing portfolio $28.00B.
- Completed first Freddie Mac Q Series securitization ~$315M; issued $150M of 8.50% senior notes due 2027.