Sutherland Asset Management Corporation (SLD) Tops Q2 EPS by 7c
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Sutherland Asset Management Corporation Announces Second Quarter 2018 Results
August 7, 2018 5:36 PM EDTNEW YORK, Aug. 7, 2018 /PRNewswire/ -- Sutherland Asset Management Corporation ("Sutherland" or the "Company") (NYSE: SLD) today reported financial results for the quarter ended June 30, 2018. Â Â
Second Quarter Highlights:
Net income of $15.9 million, or $0.48 per share of common stock Core earnings of $15.8 million, or $0.47 per share of common stock Return on Equity of 11.2% Adjusted net book value of $16.95 per share of common stock as of June 30, 2018 Originated $352.4 million of small balance commercial ("SBC") loans Originated $48.3 million of loans guaranteed by the U.S. Small Business... More