Claros Mortgage Trust, Inc. (CMTG) Tops Q2 EPS by 6c

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Go back to Claros Mortgage Trust, Inc. (CMTG) Tops Q2 EPS by 6c

Claros Mortgage Trust, Inc. Reports Second Quarter 2022 Results

August 2, 2022 4:20 PM EDT

NEW YORK--(BUSINESS WIRE)-- Claros Mortgage Trust, Inc. (NYSE: CMTG) (the Company or CMTG) today reported its financial results for the quarter ended June 30, 2022. The Companys second quarter 2022 GAAP net income was $63.2 million, or $0.45 per diluted share of common stock, and Distributable Earnings (a non-GAAP financial measure defined below), including realized losses, was $60.0 million, or $0.43 per diluted share of common stock and was $71.5 million, or $0.51 per diluted share of common stock excluding realized losses.

Second Quarter 2022 Highlights

Significant loan origination activity, originating approximately $1.0 billion of total loan commitments... More