Quarterly ResultMay 8, 2026, 06:56 AM
Starwood Property Trust Q1 GAAP EPS $0.13; DE $0.39; Invested $4.0B YTD
AI Summary
Starwood Property Trust reported first-quarter 2026 GAAP net income of $51.9 million, or $0.13 per diluted share, and Distributable Earnings of $147.3 million, or $0.39 per diluted share. The company invested $2.5 billion during the quarter and an additional $1.5 billion after quarter-end, totaling $4.0 billion year-to-date. Management highlighted successful capital optimization efforts, including a record-tight infrastructure CLO and refinanced ABS transaction, and noted the company was awarded 2025 Mortgage REIT of the Year.
Key Highlights
- Reported Q1 GAAP net income of $51.9 million, or $0.13 per diluted share.
- Achieved Q1 Distributable Earnings of $147.3 million, or $0.39 per diluted share.
- Invested $2.5 billion in the quarter and $1.5 billion after quarter-end, totaling $4.0 billion year-to-date.
- Maintained a quarterly dividend of $0.48 per share for over a decade.
- Awarded 2025 Mortgage REIT of the Year by PERE Credit.
- Completed seventh infrastructure CLO at a record tight credit spread.
- Commercial and Residential Lending segment revenue was $344.6 million.
- Investing and Servicing segment revenue was $80.8 million.