earnings
confidence high
sentiment negative
materiality 0.65
KREF Q4 net income $0.21/sh but distributable loss ($0.21); BVPS $14.76
KKR Real Estate Finance Trust Inc.
2024-FY EPS reported
$0.19
- Net income attributable to common stockholders Q4 $14.6M ($0.21/diluted), full year $13.1M ($0.19).
- Distributable loss Q4 ($14.7M) or ($0.21)/share; full year ($70.7M) or ($1.02)/share.
- Loan portfolio $5.9B; received $457M repayments, funded $53M; 100% interest collected in Q4.
- Book value per share $14.76 including $119.6M CECL allowance ($1.74/sh); dividend held at $0.25.
- 2024 realized losses of $173.5M from loan resolutions; total leverage reduced to 3.6x.