Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2012

Grade5.4

◀ Past 4.8● Present 5.1▶ Future 6.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 25, 2026	Feb 26, 2025	Feb 26, 2024	Mar 16, 2023	Feb 25, 2022	Mar 11, 2021	Mar 17, 2020	Mar 29, 2019	Mar 16, 2018	Mar 29, 2017
Revenue	270,071	223,368^r	268,725^r	206,834^r	165,456^r	117,615	108,050	82,288	57,205	56,235
For lenders
Interest and dividend income	430,280	526,076	552,506	357,705	216,890	179,872	195,299	152,288	89,564	79,404
Interest and investment income	·	·	552,506	357,705	216,890	179,872	195,299	152,288	89,564	79,404
Net interest income	141,953	187,605	246,929	197,179^r	160,697^r	113,316	104,881	82,288	57,205	·
Provision for credit losses	·	·	·	·	-4,770	13,181	3,007	3,370	-715	1,293
General and administrative	13,346	9,707	14,440	12,928	7,658	13,120	16,363	13,446	6,765	·
Total operating expenses	186,370	86,444	87,822	77,510	142,956	49,156	52,200	37,402	29,516	22,489
Interest expense	·	·	305,577	160,526^r	56,193^r	66,556	90,418	70,000	32,359	23,169
Share of profit of equity-method investments	3,583	0	0	·	·	·	·	·	·	·
Total non-operating income (expense)	4,268	-43,401^r	-39,151^r	-115,508^r	6,801^r	-15,775	·	·	·	·
Income before income taxes	·	·	·	·	11,443	-15,775	32,557	8,018	6,315	-3,756^r
Income tax expense	3,884	1,120	-2,757	-399	3,599	-2,062	4,483	79	225	0
Net income including non-controlling interests	84,085	92,403	144,509	14,215	25,702	54,746	·	·	·	·
Net income to non-controlling interests	1,814	-3,475	-706	-216	0	0	·	·	·	·
Net income	82,271	95,878	145,215	14,431	25,702	54,746	83,924	52,825	33,779	29,990
Net income to common shareholders	53,212	67,079	117,060	-27,310	-7,885	39,826	66,914	49,181	33,779	29,990
Earnings per share, basic	0.65	0.82	1.42	-0.38	-0.18	0.90	1.60	1.44	1.06	0.95
Earnings per share, diluted	0.64	0.82	1.42	-0.38	-0.18	0.90	1.60	1.44	1.06	0.95
Weighted average shares, basic	81,965,156	81,846,170	82,307,970	71,628,365	43,419,209	44,384,813	41,859,142	34,268,707	31,772,231	31,659,274
Weighted average shares, diluted	86,192,595	81,846,170	82,307,970	71,628,365	43,434,731	44,398,879	41,871,646	36,779,735	31,784,889	31,666,504

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FBRT · research, not advice