Arbor Realty Trust Inc

ABR

Equity

ISIN US0389231087 / Valor 1826533

New York Stock Exchange, Inc (2024-12-24)

USD 14.03+1.45%

Arbor Realty Trust Inc
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About company

Arbor Realty Trust Inc is a company that provides customized financing options focused on developing workforce and affordable housing. They offer a range of financial solutions to support the construction and preservation of housing units for individuals and families in need of affordable housing options. With a focus on community development, Arbor works to provide financing that helps address the growing demand for affordable housing across the country.

Summarized from source with an LLMView SourceSector: Finance

Net Income

Arbor Realty Trust Inc. reported net income for the first quarter of 2024 of $57.9 million, or $0.31 per diluted common share. This is a decrease from the net income of $84.3 million, or $0.46 per diluted common share, reported for the first quarter of 2023.

Distributable Earnings

For the first quarter of 2024, Arbor Realty Trust Inc. reported distributable earnings of $96.7 million, or $0.47 per diluted common share. This compares to distributable earnings of $122.2 million, or $0.62 per diluted common share, for the same period in 2023.

Dividend Declaration

Arbor Realty Trust Inc. declared a quarterly cash dividend of $0.43 per share of common stock for the first quarter of 2024. The dividend is payable on May 31, 2024, to common stockholders of record on May 17, 2024, with an ex-dividend date of May 16, 2024.

Agency Loan Originations

During the first quarter of 2024, Arbor Realty Trust Inc. originated $846.3 million in agency loans. The company's servicing portfolio increased to approximately $31.38 billion, up 9% from the first quarter of 2023.

Structured Loan Originations

Arbor Realty Trust Inc. reported structured loan originations of $255.9 million for the first quarter of 2024, with a runoff of $640.0 million. The structured loan portfolio stood at approximately $12.25 billion at the end of the quarter.

Summarized from source with an LLMView Source

Key figures

-11.0%1Y

-22.6%3Y

-3.51%5Y

Performance

38.5%1Y

38.0%3Y

50.6%5Y

Volatility