AI brief of an SEC Form 8-K · Franklin BSP Realty Trust (FBRT)

Franklin BSP Realty Trust Q4 EPS $0.29; full-year EPS fell to $0.82 from $1.42

Mixed Impact 3 of 5 earnings Written later

Franklin BSP Realty Trust reported fourth-quarter 2024 GAAP net income of $30.2 million, or $0.29 per diluted share, up slightly from $30.0 million, or $0.28, a year earlier. For the full year, GAAP net income fell to $92.4 million, or $0.82 per diluted share, from $144.5 million, or $1.42, in 2023, and Distributable Earnings fell to $100.7 million from $189.5 million.

Key points

  • Q4 2024 GAAP net income $30.2 million ($0.29 per diluted share) vs. $30.0 million ($0.28) in Q4 2023
  • Full-year 2024 GAAP net income $92.4 million ($0.82 per diluted share) vs. $144.5 million ($1.42) in 2023
  • Full-year 2024 Distributable Earnings $100.7 million ($0.92 per fully converted share) vs. $189.5 million ($1.92) in 2023
  • Declared Q4 2024 common dividend of $0.355 per share; book value $15.19 per diluted share at December 31, 2024

The filing

CompanyFranklin BSP Realty Trust (FBRT)
Form8-K, current report
Filed with the SECFeb 13, 2025, 4:29 PM ET
Accession number0001562528-25-000004

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.