Arbor Realty Trust (ABR) Misses Q2 EPS by 2c
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Arbor Realty Trust Reports Second Quarter 2018 Results and Declares Common Stock Dividend
August 3, 2018 8:00 AM EDTCompany Highlights:
GAAP net income of $0.25 per diluted common share; AFFO of $0.29, or $0.31 per diluted common share excluding a one-time, non-cash expense from the early repayment of debt1Raised $77.9 million of accretive capital through the issuance of common stock and unsecured senior notesDeclares a cash dividend on common stock of $0.25 per shareAgency Business Segment income of $13.5 millionLoan originations of $1.04 billionServicing portfolio of $17.11 billion, up 3% from 1Q18Structured Business... More