Franklin BSP Realty Trust Q3 2025 Financial Results

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced its financial results for the quarter ended September 30, 2025. The company reported GAAP net income of $17.6 million, or $0.12 per diluted common share, compared to $24.4 million, or $0.19 per diluted common share, in the previous quarter. Distributable Earnings, a non-GAAP measure, were $26.7 million, or $0.22 per diluted common share. The company closed $304.2 million of new loan commitments and funded $195.7 million of principal balance. The core portfolio consisted of $4.4 billion across 147 loans, with 75% collateralized by multifamily properties. The company also declared a common stock cash dividend of $0.355, representing an annualized 10.0% yield on book value.