Franklin BSP Realty Trust, Inc. (FBRT) Misses Q4 EPS by 1c

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Go back to Franklin BSP Realty Trust, Inc. (FBRT) Misses Q4 EPS by 1c

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2023 Results

February 14, 2024 4:15 PM EST

NEW 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, 2023.

Reported GAAP net income of $30.0 million and $144.5 million for the three and twelve months ended December 31, 2023, respectively, compared to $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 $0.28 and $1.42 for the three and twelve months ended December 31, 2023, respectively, compared to $0.25 and $(0.38) for the three and twelve months ended December 31, 2022, respectively.

Reported Distributable Earnings (a... More