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Arbor Realty Trust's Q3 Distributable Earnings, Net Interest Income Fall
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Arbor Realty Trust's Q3 Distributable Earnings, Net Interest Income Fall
Nov 1, 2024 6:08 AM

08:37 AM EDT, 11/01/2024 (MT Newswires) -- Arbor Realty Trust ( ABR ) reported Q3 distributable earnings Friday of $0.43 per diluted share, down from $0.55 a year earlier.

Analysts polled by Capital IQ expected $0.42.

Net interest income for the quarter ended Sept. 30 was $88.8 million, down from $107.3 million a year earlier.

Analysts surveyed by Capital IQ expected $83.9 million.

Additionally, the company maintained its quarterly dividend at $0.43 per share, payable on Nov. 27 to shareholders of record on Nov. 15.

Price: 14.86, Change: +0.12, Percent Change: +0.81

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