BrightSpire Capital Q4 GAAP loss $0.12/sh; adj. distributable earnings $0.15/sh

BrightSpire Capital, Inc.

2025-FY EPS reported -$0.26 vs consensus $0.17 ▼ miss (-254.5%)

GAAP net loss Q4 $14.4M ($0.12/sh); full-year loss $31.1M ($0.26/sh).
Adjusted Distributable Earnings Q4 $19.3M ($0.15/sh); full-year $83.6M ($0.64/sh).
GAAP book value $7.30/sh, undepreciated book value $8.44/sh as of Dec 31, 2025.
CEO notes strongest originations since restart; new CRE CLO closed; REO/watchlist resolutions accelerated.
Distributable Loss Q4 $35.5M ($0.28/sh); full-year loss $17.5M ($0.13/sh).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.