Starwood Property Trust (STWD) Tops Q1 EPS by 24c

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Go back to Starwood Property Trust (STWD) Tops Q1 EPS by 24c

Starwood Property Trust Reports Results for Quarter Ended March 31, 2022

May 4, 2022 7:00 AM EDT

Quarterly GAAP Earnings of $1.02 and Distributable Earnings (DE) of $0.76 per Diluted Share

$4.4 Billion of Investment Activity, Including $1.9 Billion in Commercial Lending

Multifamily Becomes the Largest Property Type at 32% of CRE Loan Portfolio

Generated Gain of $87 Million GAAP and $85 Million DE on Sale of Industrial Asset

S&P Corporate Credit Rating Upgraded to BB/Outlook Stable

Paid Dividend of $0.48 per Share

GREENWICH, Conn., May 4, 2022  /PRNewswire/ -- Starwood Property Trust, Inc.... More