Arbor(ABR) - 2024 Q3 - Quarterly Results
ABRArbor(ABR)2024-11-01 20:17

https://files.reportify.cc/media/production/AB Arbor Realty Trust Reports Third Quarter 2024 Results and Declares Dividend of $0.43 per Share Company Highlights: 1 • GAAP net income of $0.31 and distributable earnings of $0.43, per diluted common share • Declares cash dividend on common stock of $0.43 per share 2 • Successfully delevered the Company 25% from a peak debt to equity ratio of 4:1 in 2023, to 3:1 at 3Q24 • Cash and liquidity of ~$600 million • Agency loan originations of $1.10 billion; a servici ...