earnings
confidence high
sentiment negative
materiality 0.75
Arbor Realty Trust Q4 GAAP EPS $0.32 vs $0.48 YoY; declares $0.43 dividend
ARBOR REALTY TRUST INC
2024-FY EPS reported
$1.18
- Q4 GAAP net income $59.8M ($0.32/diluted) vs $91.7M ($0.48) YoY; full year $223.3M ($1.18) vs $330.1M ($1.75).
- Q4 distributable earnings $81.6M ($0.40) vs $104.1M ($0.51) YoY; full year $358.0M ($1.74) vs $452.5M ($2.25).
- Declared $0.43 quarterly dividend, payable March 21, 2025 to holders of record March 7, 2025.
- Issued $100M of 9.00% senior notes due Oct 2027; debt/equity ratio reduced from 4:1 to 2.8:1.
- Non-performing loans at Dec 31: 26 loans, UPB $651.8M (before $23.8M reserves), up from $625.4M Q3.