Apollo Commercial Real Estate Finance (ARI) Q2 2025 Earnings Call July 30, 2025 10:00 AM ET Speaker0Thank you, operator. Good morning, and thank you for joining us on the Apollo Commercial Real Estate Finance second quarter twenty twenty five earnings call. I'm joined today as usual by Scott Wiener, our Chief Investment Officer and Anastasia Maranover, our Chief Financial Officer. ARI delivered strong performance in the 2025 marked by significant progress across originations, portfolio management, and balan ...

Financial Performance - Net income available to common stockholders was $18 million, or $0.12 per diluted share[10] - Distributable Earnings reached $36 million, or $0.26 per diluted share[10] - The company declared common stock dividends of $0.25 per share, resulting in a dividend yield of 10.2%[10] Loan Portfolio - The total loan portfolio amounted to $8.6 billion with a weighted-average unlevered all-in yield of 7.8%, with 98% in first mortgages and 96% floating rate[10] - New loan commitments totaled $2.0 billion year-to-date, with $1.4 billion funded at close, and $1.4 billion in Q2, with $916 million funded at close[10] - Loan repayments and sales amounted to $724 million year-to-date, with $631 million in Q2[10] Capitalization and Liquidity - The company ended the quarter with a total common equity book value of $1.7 billion[10] - Total liquidity at the end of the quarter was $208 million, including $182 million in cash and $26 million available leverage[10] - A new $750 million Term Loan B due June 2030 was refinanced, bearing interest at SOFR + 3.25%[10] Real Estate Owned (REO) - Total REO held for investment had a net equity of $444 million, comprised of Brooklyn Multifamily Development ($289 million), D C Hotel ($85 million), and Atlanta Hotel ($70 million)[21] - Nine units at 111 West 57th Street closed, generating ~$170 million of net sales proceeds, ~$141 million of which reduced ARI's basis[23] Foreign Exchange Risk Mitigation - The company reported a total foreign loan capital stack of $4.307 billion, with $3.267 billion offset by local currency denominated secured debt arrangements[52] - The net equity of foreign loans was $1.041 billion[53]

Apollo Commerical Finance (ARI) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.25 per share when it actually produced earnings of $0.24, delivering a surprise of -4%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Ap ...

Exhibit 99.2 Apollo Q2 2025 Financial Results Apollo Commercial Real Estate Finance, Inc. July 29, 2025 Unless otherwise noted, information as of June 30, 2025 It should not be assumed that investments made in the future will be profitable or will equal the performance of the investments shown in this document. Forward Looking Statements and Other Disclosures l 13. memoin morodeled go annumation and indonion management may not not not to more dia o perial dockeria di de Scaliasche no tracera er contrest de ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34452 Apollo Commercial Real Estate Finance, Inc. For the transition period from to Indicate by check mark whether the registrant has submitted electronically eve ...

NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE: ARI) today reported results for the quarter and six months ended June 30, 2025. Net income attributable to common stockholders per diluted share of common stock was $0.12 for the quarter ended June 30, 2025. Distributable Earnings per diluted share of common stock (a non-GAAP financial measure defined below) was $0.26 for the quarter ended June 30, 2025. Commenting on second quarter 2025 p ...

Investors looking for stocks in the REIT and Equity Trust sector might want to consider either Apollo Commerical Finance (ARI) or Ladder Capital (LADR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks wi ...

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Financial Results - Net interest income was $747 million[7] - Net loss available to common stockholders was ($1312) million, or ($086) per diluted share[7] - Operating Earnings were $627 million, or $040 per diluted share[7] - A common stock dividend of $040 per share was declared for Q1 2020[7] Liquidity and Capitalization - Current liquidity was $582 million[7] - As of May 6, 2020, cash on hand was $567 million and approved & undrawn credit capacity was $15 million[7] - Unencumbered loan assets were $11 billion as of May 6, 2020[7] - Debt-to-equity ratio was 16x[7] Loan Portfolio - Total loan portfolio was $64 billion[7] - Weighted average unlevered all-in yield was 67%[7] - 95% of loans have floating interest rates[7] Balance Sheet and CECL Allowance - Total investments, net were $6431 million as of March 31, 2020[32] - The company recorded a Specific CECL Allowance of ($150) million and a General CECL Allowance of ($64) million[12]

Financial Performance - Net interest income was $70.8 million[10] - Net income available to common stockholders was $56.8 million, or $0.36 per diluted share[10] - Operating Earnings excluding realized loss on investments and interest rate swap was $59.0 million, or $0.38 per diluted share[10] - A common stock dividend of $0.35 per share was declared for Q2 2020, resulting in a 92% payout ratio[10] Capitalization and Liquidity - Current liquidity stood at $511 million[10] - The debt-to-equity ratio was 1.7x[10] - Unencumbered loan assets were $1.0 billion[10] - The company repurchased 5.5 million shares of common stock for $43.8 million at a weighted average price of $7.96 per share[10] Loan Portfolio - The total loan portfolio amounted to $6.4 billion[10] - The weighted average unlevered all-in yield was 6.7%[10] - 95% of loans have floating interest rates[10] - 90% of US floating-rate loans have in-the-money LIBOR floors[10]