• Reported GAAP EPS of $0.13 down -55.17% YoY • Reported revenue of $76.15M up 72.74% YoY • Franklin BSP Realty Trust Inc.'s Board declared a first quarter 2026 common stock dividend of $0.20 per share. The company also reauthorized a $50.0 million share repurchase program through December 31, 2026.
Bullish
Franklin BSP Realty Trust Inc. diversified its business with the NewPoint acquisition and achieved strong loan originations. The company also repurchased shares, increasing book value, and maintained robust liquidity during the quarter.
Bearish
Franklin BSP Realty Trust Inc. experienced decreased GAAP net income, diluted EPS, and Distributable Earnings in Q4 2025. The company also faces challenges in resolving legacy real estate assets, which has taken longer than planned.