| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 7.31 | 58.2% |
| Total Income | 7.31 | 58.2% |
| Expenditure | 3.05 | 100.7% |
| PBT | 4.25 | 37.1% |
| Net Profit | 4.25 | 37.1% |
| OPM | — | |
| NPM | 58.23% | 8.83pp |
| EPS | 0.32 | 18.5% |
Sunrise Realty Trust Reports Q1 2026 GAAP Net Income of $4.3 Million
14 May 2026 · 14 May, 5:11 pm
Summary
Sunrise Realty Trust, Inc. announced its financial results for the quarter ended March 31, 2026. The company reported GAAP net income of $4.3 million, or $0.32 per basic weighted average common share. Distributable Earnings were $4.7 million, or $0.35 per basic weighted average common share. A cash dividend of $0.30 per common share was paid on April 15, 2026.
Key Highlights
- 1
Sunrise Realty Trust, Inc. reported GAAP net income of $4.3 million for the first quarter of 2026.
- 2
The company's earnings per basic weighted average common share was $0.32 for Q1 2026.
- 3
Distributable Earnings for the first quarter of 2026 were $4.7 million.
- 4
Distributable Earnings per basic weighted average common share amounted to $0.35.
- 5
A cash dividend of $0.30 per common share was paid on April 15, 2026, for the first quarter of 2026.
- 6
SUNS distributed $4.1 million in dividends during the quarter.
Management Comments
Brian Sedrish
During the quarter, we continued to see a clear divergence between groups that are on offense and those that remain on defense as they work through their legacy loan books and look to shore up their balance sheets. Focusing on those that remained on offense, the bulk of capital continued to be directed at financing existing multifamily and industrial assets at low financing spreads, which has left a noticeable gap in capital available to finance transitional business plans. The result is that our team has continued to see an increase in attractive pipeline opportunities where SUNS can pair its expertise with the needs of sponsors executing transitional plans. We remain focused on building a diversified portfolio of loans across geographies, asset classes, and borrowers, and we believe a patient and deliberate approach to identifying and closing on select opportunities is warranted.
Informational and educational content only. Not investment advice.