earnings
confidence high
sentiment negative
materiality 0.80
KREF reports Q2 2026 net loss of $1.95/share; loan loss provision $119.8M
KKR Real Estate Finance Trust Inc.
- Net loss attributable to common stockholders of $121.8M ($1.95/share) vs. $61.9M loss in Q1 2026.
- Distributable loss of $36.4M ($0.58/share) vs. $4.1M loss in prior quarter.
- Loan loss allowance increased by $119.8M ($1.92/share) primarily for risk-rated 5 and held-for-sale loans.
- Book value per share $10.24 as of June 30, 2026; Board reviewing strategic alternatives.
- Repurchased 5.7M shares at avg $6.63 for $38.0M; liquidity $721.6M.