---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028252"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:26:29.295948+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Postal Realty Q2 net income $1.0M; AFFO $0.27/share; acquires $15.8M USPS properties

## Summary
- Net income $1.0M ($0.03 diluted EPS); FFO $6.0M ($0.24/diluted); AFFO $6.8M ($0.27/diluted).
- Revenue grew 21% YoY; portfolio 99.7% occupied with 1,364 properties leased to USPS.
- Acquired 39 USPS properties for $15.8M in Q2; subsequent to quarter end, acquired 11 more for $5.3M.
- Increased ATM offering capacity from $50M to $150M; issued 780,222 shares for $11.7M in Q2.
- Quarterly dividend $0.2375 per share ($0.95 annualized); 100% debt fixed rate at 3.95% as of Aug 2.

## SEC filing metadata
- accession: 0001628280-23-028252
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000162828023028252/0001628280-23-028252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000162828023028252/pstl-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028252
- JSON: https://secwatch.observer/filing/0001628280-23-028252.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028252.txt

## Key facts
- Earnings Releases
  Postal Realty Trust, Inc. reported the quarter ended June 30, 2023 results: revenue 21% growth in revenues from second quarter 2022 to second quarter 2023, net income Net income attributable to common shareholders was $1.0 million, or $0.03 per diluted share, EPS $0.03 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Revenue: 21% growth in revenues from second quarter 2022 to second quarter 2023
  - Net income: Net income attributable to common shareholders was $1.0 million, or $0.03 per diluted share
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: The Company issued a press release on August 8, 2023 announcing its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759774/000162828023028252/0001628280-23-028252-index.htm
- Material Agreements
  Postal Realty Trust, Inc. amended Amendment with Jefferies LLC, BMO Capital Markets Corp., Janney Montgomery Scott LLC, Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc. valued at up to $150,000,000 (effective 2023-08-08).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Jefferies LLC, BMO Capital Markets Corp., Janney Montgomery Scott LLC, Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc.
  - Value: up to $150,000,000
  - Effective: 2023-08-08
  source text: On August 8, 2023, Postal Realty Trust, Inc. (the “Company”) and Postal Realty LP entered into an amendment (the "Amendment") to the separate open market sale agreements, dated November 4, 2022 (as amended, the “Sale Agreements”), with each of Jefferies LLC (“Jefferies”), BMO Capital Markets Corp. (“BMO”), Janney Montgomery Scott LLC, Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc. (“Truist”), as sales agents, each of Jefferies, Bank of Montreal and Truist Bank, as forward purchasers, and Jefferies, BMO and Truist, as forward sellers, providing for the offer and sale of shares of the Company’s Class A common stock, par value $0.01 per share (the “Shares”), from time to time in “at the market” offerings.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759774/000162828023028252/0001628280-23-028252-index.htm

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