KKR Real Estate Finance Trust (KREF) - 2017 Q4 - Earnings Call Presentation

Financial Highlights - Net income attributable to common stockholders was $17 million, or $032 per share[6,8] - Core Earnings were $171 million, or $032 per share[6,49] - The company paid a dividend of $037 per share[6,8] - Book value per share was $973[6] Portfolio and Originations - Originated $15 billion of floating-rate senior loans in 2017, a 175% increase from the prior year[6,13,14] - The portfolio totaled $21 billion, a 15% increase from the previous quarter, with a weighted average LTV of 67%[6,20] - 93% of the portfolio is indexed to one-month USD LIBOR[6,33] Financing and Interest Rate Sensitivity - Total financing capacity of $18 billion with $856 million of undrawn capacity[28] - A 50 basis point increase in one-month USD LIBOR would increase net interest income by $28 million, or $005 per share, over the next 12 months[33] - The company's Debt-to-Equity Ratio is 08x and Total Leverage Ratio is 10x[8,27]