Sutherland Asset Management Corporation (SLD) Tops Q1 EPS by 5c

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Go back to Sutherland Asset Management Corporation (SLD) Tops Q1 EPS by 5c

Sutherland Asset Management Corporation Announces First Quarter 2017 Results

May 9, 2017 4:15 PM EDT

NEW YORK, May 9, 2017 /PRNewswire/ -- Sutherland Asset Management Corporation ("Sutherland" or the "Company") (NYSE: SLD) today reported financial results for the quarter ended March 31, 2017.   

First Quarter Highlights:

Net income of $9.6 million, or $0.29 per share of common stock Core earnings of $10.9 million, or $0.33 per share of common stock Net Book Value of $16.73 per share of common stock as of March 31, 2017 Originated $148.4 million of small balance commercial ("SBC") loans Originated $28.5 million of loans guaranteed by the U.S. Small Business Administration (the "SBA") under its... More