Arbor Realty Trust Q2 distributable earnings falls on higher provisions, impairment charges

Arbor Realty Trust

31/07/2026 13:43

Overview
U.S. real estate lender posts Q2 attributable net loss compared with a profit in the year-ago period
Distributable earnings per share fell to $0.10 from $0.25 a year ago
Company repurchased $135 mln of stock and boosted liquidity via capital markets deals

Outlook
Company did not provide specific guidance for the current quarter or full year

Result Drivers
LOAN LOSS PROVISIONS - Co said higher provisions for credit losses and loss-sharing obligations weighed on results
REAL ESTATE IMPAIRMENTS - Co recorded $13.6 mln of impairments on two real estate owned properties in Q2
LOWER PORTFOLIO YIELD - Co said decrease in weighted average yield was due to less default and back interest collected, and more delinquencies and rate modifications

Company press release: ID:nGNX1q9Gw9

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Loss Per Share
 
$0.20
 
Q2 Attributable Net Income
 
-$37.34 mln
 
Q2 Net Interest Income
 
$53.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Arbor Realty Trust Inc is $5.50, about 14.8% above its July 30 closing price of $4.79
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
July 29 - Claros Mortgage Trust Q2 net loss widens on higher credit loss provisions
July 28 - TPG RE Finance Trust Q2 adjusted EPS misses analyst estimates
July 30 - Blackstone Mortgage Trust posts Q2 net loss 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)