Starwood Property Trust (STWD) Misses Q3 EPS by 1c

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Go back to Starwood Property Trust (STWD) Misses Q3 EPS by 1c

Starwood Property Trust Reports Results for Quarter Ended September 30, 2022

November 9, 2022 7:00 AM EST

Quarterly GAAP Earnings of $0.61 and Distributable Earnings (DE) of $0.51 per Diluted Share

$1.3 Billion of Investment Activity, Including $0.9 Billion in Commercial Lending

Undepreciated Book Value Increased $0.18 Quarter-over-Quarter to $21.69

Priced New $600 Million 5-year Term Loan

Liquidity of $1.3 Billion, Including Term Loan Net Proceeds

LNR Regains Position as Largest Special Servicer in the U.S., with Over $100 Billion in Named Servicing

Paid Dividend of $0.48 per Share

GREENWICH, Conn., Nov. 9, 2022... More