secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001717547-22-000121
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSpire Capital Q3 GAAP net loss $0.16/sh; adj distributable earnings $0.25/sh; div $0.20
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- GAAP net loss attributable to common stockholders of $(20.5)M, or $(0.16) per share.
- Adjusted Distributable Earnings of $32.3M, or $0.25 per share; Distributable Loss of $(24.7)M or $(0.19) per share.
- GAAP net book value $10.87 per share; undepreciated book value $12.08 per share as of Sept 30, 2022.
- Quarterly dividend declared at $0.20 per share.
- CEO cites solid results but notes rising rates prompted reduction in loan originations and high cash balances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754722000121/0001717547-22-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754722000121/brsp-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001717547-22-000121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer