earnings
confidence high
sentiment neutral
materiality 0.70
Arbor Realty Trust Q4 GAAP EPS $0.48, distributable EPS $0.51; dividend $0.43; NPLs rise
ARBOR REALTY TRUST INC
2023-FY EPS reported
$1.75
- GAAP net income $91.7M ($0.48/diluted share) in Q4 vs $88.2M ($0.49) in Q4 2022.
- Distributable earnings $104.1M ($0.51/diluted share) in Q4; $452.5M ($2.25) for full year.
- Quarterly dividend declared $0.43/share ($1.72 annualized), payable March 15, 2024.
- Agency loan originations $1.44B in Q4; servicing portfolio $30.98B, up 3.5% from Q3.
- Non-performing loans increased to 16 loans ($262.7M carrying value) from 12 ($150.5M) in Q3.