Starwood Property Trust (STWD) Reports In-Line Q2 EPS

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Go back to Starwood Property Trust (STWD) Reports In-Line Q2 EPS

Starwood Property Trust Reports Results for the Quarter Ended June 30, 2021

August 5, 2021 7:00 AM EDT

GREENWICH, Conn., Aug. 5, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2021.  The Company's second quarter 2021 GAAP net income was $116.3 million, or $0.40 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $153.2 million, or $0.51 per diluted share.

"We are pleased to report another very active quarter growing our total portfolio to a record of $19.3 billion. Our diversified business remains extremely well positioned with strong asset performance across our cylinders and a growing investment pipeline. We executed two CLOs totaling $1.8... More