Quarterly ResultMay 8, 2026, 07:01 AM
Starwood Property Trust Q1 Net Income $51.88M; EPS $0.13
AI Summary
Starwood Property Trust, Inc. reported a significant decrease in net income attributable to the company and basic earnings per share for the three months ended March 31, 2026, compared to the same period in 2025. Net income fell to $51.88 million, and basic EPS dropped to $0.13. Despite this, total revenues increased to $512.46 million, driven by higher interest income from loans. The company also saw a decrease in total assets and liabilities quarter-over-quarter, and a substantial reduction in net cash provided by operating activities.
Key Highlights
- Net income attributable to Starwood Property Trust, Inc. decreased to $51.88M from $112.26M YoY.
- Basic EPS fell to $0.13 from $0.33 year-over-year.
- Total revenues increased to $512.46M from $418.18M compared to the prior year.
- Interest income from loans rose to $373.81M from $353.92M YoY.
- Total assets decreased to $62.09B as of March 31, 2026, from $63.18B as of December 31, 2025.
- Total liabilities decreased to $54.74B as of March 31, 2026, from $55.69B as of December 31, 2025.
- Net cash provided by operating activities significantly decreased to $93.56M from $238.87M YoY.
- Loans held-for-investment, net, increased to $19.28B from $18.86B.
Price Impact
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