Apollo Commercial Real Estate Finance(ARI) - 2020 Q2 - Earnings Call Presentation

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]