Ares Commercial Real Estate (ACRE) Tops Q4 EPS by 4c
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Ares Commercial Real Estate Corporation Reports Fourth Quarter and Full Year 2021 Results
February 15, 2022 6:00 AM ESTFourth 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
