Ares Commercial Real Estate (ACRE) Tops Q4 EPS by 4c

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Go back to Ares Commercial Real Estate (ACRE) Tops Q4 EPS by 4c

Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2021 Results

February 15, 2022 6:00 AM EST

Fourth quarter GAAP net income of $17.2 million or $0.36 per diluted common share and Distributable Earnings(1) of $19.4 million or $0.41 per diluted common share

Full year GAAP net income of $60.5 million or $1.42 per diluted common share and Distributable Earnings(1) of $66.0 million or $1.55 per diluted common share

Closed record $1.4 billion of new loan commitments in 2021

- Subsequent to year ended December 31, 2021 -

Declared first quarter 2022 dividend of $0.33 per common share and a supplemental dividend of $0.02 per common... More