Financial Performance - GAAP Net Loss was $(231) million, or $(019) per share[7] - Distributable Earnings were $34 million, or $003 per share[7] - Adjusted Distributable Earnings reached $229 million, or $018 per share[7] - A dividend of $016 per share was declared and paid for Q2'25, representing a 130% yield on the current share price[7] Portfolio Overview - Total at-share assets amounted to $35 billion, predominantly in floating-rate senior loans[7,8] - The loan portfolio totaled $24 billion with an average loan size of $30 million and a W A unlevered yield of 78%[7] - Positive net deployment during Q2'25 was $86 million[7] - The company committed $98 million of capital across two new loans and a cross-collateralized preferred equity investment in Q2'25[7] Liquidity and Capitalization - Available liquidity was $325 million, including unrestricted cash, revolver capacity, and approved undrawn borrowings[7] - Total master repurchase facility capacity was $20 billion with $12 billion of availability[7] - The company repurchased 06 million shares of Class A common stock for $29 million at a blended price of $519 per share[7] Loan Portfolio Risk - The W A risk ranking of the loan portfolio improved to 31 from 32 in Q1'25[7] - Watch list loans decreased to 5 loans totaling $202 million, representing 9% of the loan portfolio, a ~50% reduction from Q1'25[7] - Total CECL reserve was $137 million, or $106 per share[7]

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 ...

Financial Performance - SEVN generated distributable earnings of $0.31 per diluted share, which was at the high end of their guidance[2,9] - Net income for the quarter was $2.7 million, or $0.18 per diluted share[9] - A quarterly distribution of $0.28 per common share, totaling approximately $4.2 million, was declared[5] - The quarterly distributable earnings payout ratio was 90%[11] Loan Portfolio - The fully performing loan portfolio totaled $665 million[2] - Two new loans were closed during the quarter, totaling $46 million[2,9] - $70.6 million of repayment proceeds were received during the quarter[9] - In July 2025, $53.8 million of repayment proceeds were received[9] - The company has $46 million in cash on hand and $322.8 million in unused financing capacity[8,9] Loan Portfolio Details - The weighted average coupon rate for the loan portfolio is S + 3.64%, with an All In Yield of 3.98%[9] - The weighted average LTV (loan-to-value) is 68%[8,18] - The weighted average risk rating of the loan portfolio is 2.9, with an allowance for credit losses representing 1.5% of total loan commitments[9]

Core Insights - Blackstone Inc. reported better-than-expected second-quarter financial results, driven by a 25% increase in distributable earnings and robust growth across key business segments, leading to total assets under management exceeding $1.2 trillion, a new industry record [1][3]. Financial Performance - Second-quarter fiscal year segment revenues reached $3.075 billion, reflecting a 22% year-over-year increase, surpassing the analyst consensus estimate of $2.778 billion [2]. - Distributable earnings rose 25% year-over-year to $1.57 billion [2]. Business Growth - The strong performance was attributed to broad growth across private wealth, credit and insurance, and infrastructure sectors [3]. - Blackstone achieved the highest level of fund appreciation in nearly four years, indicating strong investment performance for its limited partners [3]. Market Reaction - Following the earnings announcement, Blackstone shares gained 3.6%, closing at $178.11 [4]. - Analysts adjusted their price targets for Blackstone, with Deutsche Bank raising it from $170 to $192 and Keefe, Bruyette & Woods increasing it from $168 to $180 [9].

INVESTMENT GRADE NYSE: LADR SUPPLEMENTAL DATA Totals may not equal the sum of components due to rounding. S -2 SECOND QUARTER 2025 HIGHLIGHTS QUARTER ENDED JUNE 30, 2025 AN INVESTMENT GRADE COMMERCIAL REAL ESTATE FINANCE PLATFORM S -1 NEW YORK | MIAMI DISCLAIMERS This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries (collectively, "Ladder Capital," "Ladder," "LA ...

Q2 2025 Results - ARMOUR Residential REIT reported a GAAP net loss of $78.6 million or $0.94 per common share for Q2 2025 [6] - Net interest income was $33.1 million, with distributable earnings available to common stockholders amounting to $64.9 million, or $0.77 per common share [6][18] - The total economic return for Q2 2025 was -5.22% [6] Financial Position as of June 30, 2025 - Total stockholders' equity increased to $1,659.9 million from $1,361.4 million at the end of 2024 [7] - Book value per common share decreased to $16.90 from $19.07 at the end of Q1 2025 [7] - The company's portfolio totaled $15.4 billion, primarily consisting of 94.1% Agency mortgage-backed securities [6][9] Capital and Liquidity - ARMOUR raised $104.6 million by issuing 6,303,710 shares of common stock through an at-the-market offering program [6] - Liquidity, including cash and unencumbered securities, was reported at $772.9 million [6] - The debt to equity ratio was 7.72:1, indicating significant leverage [6] Dividend Information - The company paid monthly cash dividends of $0.24 per share for Q2 2025, with future dividends to be determined based on financial performance [23][25] - A cash dividend of $0.24 per share is scheduled for payment on July 30, 2025 [23] Investment Strategy - ARMOUR primarily invests in fixed-rate residential, adjustable-rate, and hybrid adjustable-rate residential mortgage-backed securities [26] - The company is externally managed by ARMOUR Capital Management LP, which is registered with the SEC [26]

Financial Performance - The company reported a net loss of $354 million, or ($053) per diluted share, which includes a CECL provision of $50 million, or ($074) per diluted share[9, 10] - Distributable loss was ($29) million, or ($004) per diluted share, including a realized loss of $20 million, or ($030) per diluted share[9, 10] - Book Value per Share (BVPS) is $1384, which includes a CECL allowance of $174 million, or ($264) per share as of June 30, 2025, representing 300 basis points of loan principal balance[9] Portfolio Activity - Originated and funded $211 million and $210 million, respectively, relating to two floating-rate loans[9] - The company's loan portfolio is predominantly senior, totaling $58 billion, with a weighted average unlevered all-in yield of 76%[8, 9] - Multifamily and industrial assets represent 62% of the loan portfolio[8, 9] - Received $450 million in loan repayments and funded $20 million for existing loans[9] - The company collected 100% of interest payments[9, 21] Liquidity and Capitalization - Available liquidity is $757 million, including $108 million of cash and $620 million of undrawn capacity on the corporate revolver[8, 9] - Diversified financing sources total $82 billion, with $32 billion of undrawn capacity[8, 9, 34] - 78% of secured financing is fully non-mark-to-market, with the remaining balance marked-to-credit only[8, 9, 35] - Repurchased 2 million shares at an average price of $921 per share, totaling $20 million[9]

TPG RE Finance Trust, Inc. Investor Presentation June 2025 Forward-Looking Statements and Other Disclosures This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which reflect our current views with respect to, among other things, our operations and financial performance. You can identify these forward-looking statements by the use of words suc ...

Portfolio Overview - Total capital deployed reached $26 billion[11] - The loan portfolio consists of $7.7 billion across 48 loans[31] - The weighted average portfolio loan-to-value is 57%[18,31] - 95% of the loans in the portfolio are first mortgages[31] - 95% of the loans in the portfolio are floating-rate[18] Collateral Diversification - Residential properties account for 24% of the portfolio[31] - Office properties also account for 24% of the portfolio[31] - Hotel properties represent 21% of the portfolio[31] - Retail properties comprise 12% of the portfolio[31] - Industrial properties make up 8% of the portfolio[31] Financial Performance & Capital Structure - Equity market capitalization since 2009 is $7.7 billion[13] - The dividend yield is 10.5%[13] based on the Q1 dividend of $0.25 per share annualized[16] - The company has total liquidity of $218 million[18] - The company has conservative leverage at 3.5x debt to equity[18]

Core Points - Advanced Flower Capital Inc. declared a quarterly dividend of $0.15 per share for the quarter ending June 30, 2025, payable on July 15, 2025 [1] - The second quarter dividend was affected by a realized loss related to a loan to Public Company A [2] Company Overview - Advanced Flower Capital Inc. is a commercial mortgage real estate investment trust (REIT) that provides loans to state law compliant cannabis operators in the U.S., with loans ranging from $10 million to over $100 million [3] - The company is based in West Palm Beach, Florida, and leverages a deep network and significant expertise in credit and cannabis to manage its loan portfolio [3] Financial Metrics - The company uses "Distributable Earnings" as a non-GAAP financial measure to evaluate performance, which excludes certain transactions and GAAP adjustments [4][6] - Distributable Earnings is defined as net income excluding stock-based compensation, depreciation, unrealized gains/losses, and other non-cash items [6] - The determination of Distributable Earnings is similar to Core Earnings but includes Incentive Compensation earned during the period [5] Dividend Policy - As a REIT, the company is required to distribute at least 90% of its annual taxable income, which influences its dividend payments [7] - Distributable Earnings is one of the factors considered by the Board of Directors when authorizing dividends, although it is not a direct measure of net taxable income [8]