Franklin BSP Realty Trust, Inc. (FBRT) Tops Q4 EPS by 1c
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Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2022 Results
February 22, 2023 4:30 PM ESTNEW YORK--(BUSINESS WIRE)-- Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced financial results for the quarter and full year ended December 31, 2022.
Reported GAAP net income of $27.2 million and $14.2 million for the three and twelve months ended December 31, 2022, respectively. Reported diluted earnings per share ("EPS") to common stockholders of $0.25 and $(0.38) for the three and twelve months ended December 31, 2022, respectively.
Reported Distributable Earnings (a non-GAAP financial measure) of $38.8 million and $116.1 million, or $0.37 and $1.07 per diluted common share on a fully converted basis(1), for the three and twelve months ended December 31, 2022,... More
