Starwood Property Trust (STWD) Tops Q4 EPS by 2c, Revenues Beat

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Go back to Starwood Property Trust (STWD) Tops Q4 EPS by 2c, Revenues Beat

Starwood Property Trust Reports Results for the Quarter and Year Ended December 31, 2020

February 25, 2021 7:00 AM EST

GREENWICH, Conn., February 25, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2020.  The Company's fourth quarter 2020 GAAP net income was $107.0 million, or $0.37 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $148.4 million, or $0.50 per diluted share.  The Company's full year 2020 GAAP net income was $331.7 million, or $1.16 per diluted share, and Distributable Earnings was $585.3 million, or $1.98 per diluted share.

"At no time other than 2020 was the power and strength of the company we built... More