earnings
confidence high
sentiment neutral
materiality 0.60
Ares Commercial Real Estate Q2 GAAP net income $4.4M ($0.08/share); declares $0.15 dividend
Ares Commercial Real Estate Corp
- GAAP net income $4.4M ($0.08 diluted EPS); Distributable Earnings $6.9M ($0.12 diluted EPS).
- Closed $130M new loan commitments in Q2; over $900M in last twelve months.
- Declared Q3 2026 dividend of $0.15/share, payable Oct 15 to holders of record Sep 30.
- Available capital over $100M; moderate leverage maintained.
- CEO cites progress repositioning portfolio, reducing risk-rated 4/5 loans and office/REO.