Core Points - RBB Bancorp will release its financial results for the second quarter ended June 30, 2025, after market close on July 21, 2025 [1] - A conference call to discuss the financial results will be held on July 22, 2025, at 11:00 a.m. Pacific Time [2] - The company had total assets of $4.0 billion as of March 31, 2025 [4] Company Overview - RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California [4] - The company's subsidiary, Royal Business Bank, provides a range of banking services primarily to Asian-centric communities across various locations in California, Nevada, New York, New Jersey, Illinois, and Hawaii [4] - The bank operates multiple branches, including nine in Los Angeles County, two in Ventura County, and others in various states [4]

The company enjoys a decent financial position. As of March 31, 2025, AGNC Investment's liquidity, including unencumbered cash and Agency MBS, was $6 billion. The company's leverage increased modestly to 7.5X at the end of the first quarter (from 7.2X in the prior quarter). It has a long-term debt of $62 million as of the same date. Hence, given its decent liquidity profile, the capital distribution plan seems sustainable. The Case for ABR Key Takeaways Within the mREIT industry, AGNC Investment Corp. (AGNC ...

Group 1 - The Company declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025, payable on July 31, 2025 [1] - The Company announced a dividend of $0.390625 per share of its 6.25% Series C Cumulative Convertible Preferred Stock, payable on July 15, 2025 [2] - A dividend of $0.40625 per share of its 6.50% Series E Cumulative Redeemable Preferred Stock was also declared, payable on July 31, 2025 [3] Group 2 - Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans [4] - The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as U.S. Small Business Administration loans under its Section 7(a) program [4] - The Company is headquartered in New York and employs approximately 500 professionals nationwide [4]

Core Points - Ready Capital Corporation declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025, payable on July 31, 2025, to shareholders of record as of June 30, 2025 [1] - The Company also declared a dividend of $0.390625 per share of its 6.25% Series C Cumulative Convertible Preferred Stock, payable on July 15, 2025, to Series C Preferred stockholders of record as of June 30, 2025 [2] - Additionally, a dividend of $0.40625 per share of its 6.50% Series E Cumulative Redeemable Preferred Stock was declared, payable on July 31, 2025, to Series E Preferred stockholders of record as of June 30, 2025 [3] Company Overview - Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans [4] - The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge loans, as well as U.S. Small Business Administration loans under its Section 7(a) program [4] - Headquartered in New York, the Company employs approximately 500 professionals nationwide [4]

Core Insights - Invesco Commercial Real Estate Finance Trust, Inc. (INCREF) has provided $354.6 million in financing to Bridge Logistics Properties (BLP) for refinancing an industrial assets portfolio [1][3] - The portfolio consists of 24 properties totaling 2,454,761 square feet located in key states including California, Washington, Texas, New Jersey, New York, and Florida [2] - This financing aligns with INCREF's strategy of originating high-quality, income-generating loans secured by institutional quality assets in liquid markets across the US and Europe [3] Company Overview - INCREF is a perpetual life real estate investment trust focused on private credit secured by real estate, managed by Invesco Advisers, Inc. [4] - Invesco Real Estate, a global leader in real estate investment management, manages $85 billion in real estate assets and has a workforce of 605 employees across 21 regional offices [5] - Bridge Logistics Properties is a vertically integrated logistics real estate investment manager founded in 2021, led by experienced professionals from notable firms [7][8] Financial Strategy - The loan provided to BLP is characterized as a sub-70% loan-to-value loan secured by a diversified portfolio of well-leased, cash-flowing industrial properties [3] - With this financing, INCREF's portfolio now totals 61 loans representing over $3.6 billion in loan commitments across the US and Europe [3] Market Position - BLP focuses on value-driven investment strategies and collaborates closely with institutional capital partners, targeting coastal and gateway markets in the US [8] - Bridge Investment Group, the parent company of BLP, manages approximately $49 billion in assets and operates across various specialized asset classes [10]

HOUSTON, June 4, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we" or "our"), today announced that it entered into a $150 million securitization transaction of certain commercial real estate loans (the "Mortgage Loans") originated by the Bank. EJF Capital LLC ("EJF Capital"), a global alternative asset management firm with approximately $5.3 billion assets under management as ...

Core Insights - Southern Realty Trust Inc. ("SRT") has expanded its senior secured revolving credit facility by adding EverBank, N.A., increasing total committed capital to $100 million, with the potential to expand to $200 million [1][2][3] Company Overview - SRT was established in 2023 to originate commercial real estate (CRE) debt investments in the Southern U.S., targeting high-quality borrowers and sponsors with transitional business plans [4] - The company aims to create a diversified investment portfolio, focusing on first mortgages, B-notes, mezzanine loans, and debt-like preferred securities across various CRE asset classes [4] Industry Context - TCG Real Estate consists of affiliated CRE-focused debt funds, including SRT, which provide flexible financing for transitional CRE properties with near-term value creation potential [5] - The Southern U.S. markets are highlighted as benefiting from economic tailwinds and growth potential, making them attractive for CRE investments [5]

Financial Performance - Net income from continuing operations was $0.47 per common share[5] - Distributable losses were $(0.09) per common share[5] - Distributable earnings before realized losses were $0.00 per common share[5] - A dividend of $0.125 per common share was declared[5] Loan Portfolio - The total loan portfolio was $8.4 billion[5] - The weighted average yield in the $5.9 billion CRE core portfolio was 8.3%[5] - Total loan originations amounted to $466.1 million[5] - Loan repayments and sales totaled $758.2 million[5] - Core delinquencies (60+ days) stood at 4.1%[5] Capitalization & Acquisitions - 3.4 million shares were repurchased at an average price of $5.02, impacting book value per share by $0.11[5] - Total leverage was 3.5x, with a recourse leverage ratio of 1.3x[5] - The acquisition of United Development Funding IV was closed for $167 million, which was $0.14 per share accretive to book value per share[5] Portfolio Composition - The carrying value of the Core portfolio is $5.88 billion with 4.1% being 60+ days delinquent[7] - The carrying value of the Non-Core portfolio is $0.74 billion with 40.9% being 60+ days delinquent[7]

Granite Point Mortgage Trust (GPMT) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Speaker0 Good morning. My name is Paul, and I will be your conference facilitator. At this time, I would like to welcome everyone to Granite Point Mortgage Trust First Quarter twenty twenty five Financial Results Conference Call. All participants will be in a listen only mode. After the speakers' remarks, there will be a question and answer period. Please note, today's call is being recorded. I would now like to turn the call ...

Sunrise Realty Trust (SUNS) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer & SecretaryLeonard Tannenbaum - Founder and Executive ChairmanBrian Sedrish - CEOBrandon Hetzel - CFO & TreasurerRandy Binner - Managing DirectorJade Rahmani - Managing DirectorTyler Batory - Executive Director Conference Call Participants Gaurav Mehta - Managing Director, Senior Equity Research Analyst & Real Estate and Financials Operator Thank you for standing by. My name is ...