secwatch.observer — SEC 8-K summary
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Issuer:     ARBOR REALTY TRUST INC (ABR)
CIK:        0001253986
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001628280-24-020147
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arbor Realty Q1 net income $0.31/dil share, down from $0.46 YoY; dividend $0.43
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- GAAP net income $57.9M ($0.31/dil share) vs $84.3M ($0.46) in Q1 2023; distributable earnings $96.7M ($0.47) vs $122.2M ($0.62).
- Declared $0.43/share quarterly dividend, 91% payout ratio; payable May 31, 2024 to holders of record May 17.
- Non-performing loans rose to 21 ($464.8M UPB) from 16 ($274.2M) at Q4 2023; provision for loan losses $17.8M.
- Agency originations $846.3M; servicing portfolio $31.38B (+9% YoY). Structured originations $255.9M, portfolio $12.25B.
- Repurchased $11.4M common stock in April at avg $12.19/share (~4% discount to book value).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1253986/000162828024020147/0001628280-24-020147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1253986/000162828024020147/abr-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-020147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer