Franklin BSP Realty Q3 net income drops

Franklin Bsp Realty Trust

29/10/2025 21:11

Overview

Franklin BSP Realty Trust Q3 net income falls to $17.6 mln from $24.4 mln in Q2

Diluted EPS for Q3 drops to $0.12 from $0.19 in Q2 2025

Company completed $1.1 bln commercial real estate mortgage securitization

Outlook

Company did not provide specific guidance for future quarters or the full year in the statement

Result Drivers

NEW LOAN COMMITMENTS - Closed $304.2 mln of new loan commitments at a weighted average spread of 511 basis points

ACQUISITION IMPACT - Acquired NewPoint Holdings for $425 mln, integration progressing well, per President Michael Comparato

SECURITIZATION TRANSACTION - Closed $1.1 bln commercial real estate mortgage securitization transaction

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$29.42 mln
Q3 EPS
$0.12
Q3 Net Income
$17.61 mln
Q3 Net Interest Income
$29.67 mln
Q3 Loan Loss Provision
$569,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "hold."

Wall Street's median 12-month price target for Franklin BSP Realty Trust Inc is $14.25, about 25.2% above its October 29 closing price of $10.66

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBwbn8bXSa

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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.)