Starwood Property Trust(US:STWD) Prnewswire·2025-05-09 11:00Core Insights - Starwood Property Trust, Inc. reported a GAAP net income of $112.3 million and Distributable Earnings of $156.3 million for Q1 2025, continuing its trend of paying a quarterly dividend of $0.48 per share for over a decade [1][11]. Financial Performance - The company achieved a significant financial flexibility with commercial lending originations in 2025 already surpassing the total for the previous year [2]. - Starwood Property Trust raised $18 billion since its IPO, demonstrating strong access to capital markets [3]. - The company reported a current liquidity of $1.5 billion and has no corporate debt maturities for over a year [3][11]. Investment Activities - In Q1 2025, Starwood Property Trust invested $2.3 billion, including $1.4 billion in commercial lending and a record $0.7 billion in infrastructure lending [11]. - The company closed $1.3 billion in transactions after the quarter, with $0.9 billion in commercial lending [11]. Portfolio and Assets - As of March 31, 2025, Starwood Property Trust manages a portfolio exceeding $26 billion across debt and equity investments [7]. - The company holds $4.9 billion in unencumbered assets and $1.5 billion in unrealized property gains that can be utilized to enhance distributable earnings [3]. Earnings and Dividends - The Distributable Earnings per diluted share for Q1 2025 was reported at $0.45, while the GAAP earnings per diluted share stood at $0.33 [11][15]. - The company continues to focus on generating attractive and stable returns for shareholders primarily through dividends [7].