Franklin BSP Realty Trust, Inc. (FBRT) Tops Q3 EPS by 53c
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Franklin BSP Realty Trust, Inc. Announces Third Quarter 2021 Results
November 10, 2021 4:33 PM ESTNEW YORK--(BUSINESS WIRE)-- Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced financial results for the quarter ended September 30, 2021.
Third Quarter 2021 Summary
GAAP Net Income of $38.5 million or $0.67 per diluted share(1), representing a 14.5% ROE Distributable Earnings (a non-GAAP financial measure) of $40.0 million or $0.69 per diluted share(1), representing a 15.0% annualized distributable earnings ROE (a non-GAAP financial measure) Book value of $17.78 per diluted share reflecting merger consideration and transaction expenses Net core portfolio growth of $138 million... More