earnings
confidence high
sentiment positive
materiality 0.70
ACR reports Q4 net income $0.76/share; record $1.5B originations in 2021
ACRES Commercial Realty Corp.
- GAAP net income allocable to common shares: Q4 2021 $7.3M ($0.76 diluted EPS).
- Full year 2021 GAAP net income $18.0M, $1.85 diluted EPS.
- Record loan originations and securitizations each exceeded $1.5 billion in 2021.
- CEO highlights sound loan portfolio and growth focused on maximizing earnings and book value.