Quarterly ResultApr 29, 2026, 04:42 PM
BRSP Q1 Net Income Attributable to Common Stockholders $4.8M; EPS $0.03
AI Summary
BrightSpire Capital, Inc. reported Q1 2026 net income attributable to common stockholders of $4.845 million, down from $5.342 million in Q1 2025, resulting in diluted EPS of $0.03, a decrease from $0.04 year-over-year. Despite the decline in net income, the company saw an increase in net interest income to $16.121 million and property operating income to $32.654 million. Total assets grew to $3.648 billion as of March 31, 2026, while total equity decreased to $906.169 million.
Key Highlights
- Net income attributable to common stockholders was $4.845M, down from $5.342M YoY.
- Diluted EPS was $0.03, down from $0.04 YoY.
- Net interest income increased to $16.121M from $15.875M YoY.
- Property operating income rose to $32.654M from $26.858M YoY.
- Total assets increased to $3.648B as of March 31, 2026, from $3.565B QoQ.
- Total equity decreased to $906.169M as of March 31, 2026, from $928.405M QoQ.
- Cash and cash equivalents increased to $96.561M from $66.789M QoQ.
- Dividends declared remained $0.16 per share.
Price Impact
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