KREF reports Q4 net loss of $0.49/share; CECL allowance rises $43.7M on risk-rated 5 loans

KKR Real Estate Finance Trust Inc.

2025-FY EPS reported -$1.05

Net loss of $32.0M in Q4 ($0.49 diluted EPS); full year loss $69.9M ($1.05/share).
Distributable Earnings (non-GAAP) of $14.4M ($0.22/diluted share) in Q4; full year $26.3M ($0.39).
CECL allowance increased $43.7M in Q4 to $204.1M ($3.15/share), primarily for risk-rated 5 loans.
Book value per share fell to $13.04 from $13.78 in prior quarter; dividend held at $0.25/share.
Liquidity $887M; new $250M term lending and £300M credit agreements entered in Q4.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.