Sunrise Realty Trust Q3 2026 net income $2.9M ($0.21/sh), DE $0.24/sh; Southern Realty merger closed Nov 5

Sunrise Realty Trust, Inc.

2026-Q3 EPS reported $0.75 revenue$18,874,032

GAAP net income of $2.9M, or $0.21 per basic share; Distributable Earnings $3.2M, or $0.24 per basic share, including ~$0.06/share of one-time merger-related expenses.
Paid $0.30/share Q3 dividend on Oct 15, 2026 ($4.1M total) vs DE of $0.24; nine-month DE $0.89 vs $0.90/share of dividends declared.
Completed merger with affiliated private mortgage REIT Southern Realty Trust on Nov 5, 2026; paid prorated $0.09/share dividend for Oct 1-Nov 4 to holders of record Nov 2.
CEO Brian Sedrish said the merger creates a larger platform with better access to back leverage and broader transaction sourcing, enabling larger deals.
Board expected to declare a dividend for Nov 5-Dec 31, 2026 with amount and record date announced in the ordinary course; 10-Q filed Nov 10.

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