Quarterly ResultAug 6, 2026, 07:41 AM
Sunrise Realty Trust Q2 Net Income $3.1M, Distributable Earnings $3.9M
AI Summary
Sunrise Realty Trust, Inc. reported Q2 2026 GAAP net income of $3.1 million, or $0.23 per basic share, and Distributable Earnings of $3.9 million, or $0.29 per basic share. The company paid a cash dividend of $0.30 per common share for the quarter. CEO Brian Sedrish highlighted a resilient portfolio with all loans current and the full repayment of the Panther National investment, positioning the company for selective deployment of capital.
Key Highlights
- Q2 2026 GAAP net income was $3.1 million, or $0.23 per basic weighted average common share.
- Q2 2026 Distributable Earnings were $3.9 million, or $0.29 per basic weighted average common share.
- The company paid a cash dividend of $0.30 per common share for the second quarter of 2026.
- Distributable Earnings for the first six months of 2026 were $0.65 per basic weighted average share.
- Dividends declared for the first six months of 2026 totaled $0.60 per share.
- All loans in the company's portfolio remain current.
- The investment in Panther National was fully repaid shortly after quarter end.
Price Impact
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