BrightSpire Capital, Inc. (BRSP) Reports In-Line Q2 EPS

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BrightSpire Capital, Inc. Announces Second Quarter 2022 Financial Results

August 3, 2022 8:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced its financial results for the second quarter ended June 30, 2022 and certain updates. The Company reported second quarter 2022 GAAP net income attributable to common stockholders of $34.3 million, or $0.26 per share, and Distributable Earnings and Adjusted Distributable Earnings of $31.4 million, or $0.24 per share. The Company reported GAAP net book value of $11.26 per share and undepreciated book value of $12.42 per share as of June 30, 2022.

Michael J. Mazzei, Chief Executive Officer, commented, BrightSpire Capital had another successful quarter, reporting quarterly Adjusted... More