Arbor Realty Q1 net income attributable to common stockholders drops 98% to $629,000
Arbor Realty Trust Inc ABR | 0.00 |
- Arbor Realty Trust posted net income of USD 11.02 million, down 75% year over year, while net income attributable to common stockholders fell 98% to USD 629,000.
- Net interest income dropped 21% to USD 59.85 million, while total other expenses climbed 32% to USD 106.56 million.
- Distributable earnings sank to USD 14.45 million from USD 57.33 million, with diluted distributable earnings per share falling to USD 0.07 from USD 0.28.
- Quarter included a USD 12.5 million impairment loss on real estate owned, while the agency servicing portfolio edged up to USD 36.31 billion.
- Company closed CLO 21 totaling USD 762.6 million, repurchased 4,117,901 shares for USD 30.7 million, and cut quarterly dividend to USD 0.17 per share from USD 0.30.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arbor Realty Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001253986-26-000036), on May 08, 2026, and is solely responsible for the information contained therein.
