earnings
confidence high
sentiment positive
materiality 0.70
ARI reports Q4 2021 net income $0.23/diluted share; Distributable EPS $0.32; portfolio grows 20% to $7.9B
Apollo Commercial Real Estate Finance, Inc.
2021-FY EPS reported
$1.46
revenue$284,510,000
- Net income available to common stockholders per diluted share $0.23 for Q4 2021.
- Distributable Earnings (non-GAAP) prior to realized losses/impairments $0.32 per share.
- Mortgage portfolio grew 20% in 2021 to over $7.9 billion.
- Added $800 million of term leverage during the year, lowering cost of capital.
- Distributable Earnings exceeded the quarterly common stock dividend for the period.