Franklin BSP Realty Trust (NYSE: FBRT) reported a GAAP net loss of $27.0 million, or $0.41 per diluted common share, for the quarter ended September 30, 2026. Total income was $74.9 million, compared with $89.5 million in the prior-year quarter.
The company repurchased 7.4 million common shares for $60.5 million during the quarter and declared a $0.20 third-quarter common-stock cash dividend.
- Net income loss was $27.042 million, compared with net income of $17.616 million a year earlier.
- Basic and diluted GAAP loss per share were each $0.41.
- Core portfolio principal balance was $4.1 billion across 175 loans at quarter-end.
- Agency Business servicing portfolio increased by $1.4 billion to $61.3 billion.
- Total liquidity was $407.2 million, including $100.8 million of cash and cash equivalents.
- Book value was $14.26 per diluted common share on a fully converted basis.
