Earnings Call Summary | Arbor Realty Trust Inc(ABR.US) Q1 2024 Earnings Conference
Earnings Call Summary | Arbor Realty Trust Inc(ABR.US) Q1 2024 Earnings Conference
The following is a summary of the Arbor Realty Trust, Inc. (ABR) Q1 2024 Earnings Call Transcript:
以下是Arbor Realty Trust, Inc.（ABR）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Arbor Realty Trust reported distributable earnings of $0.47 ($0.48 excluding minor losses) per share for Q1 2024.
Shareholder dividends accounted for a payout ratio of around 90%.
A decrease in total delinquencies from $1.23 billion to $954 million during the quarter was reported.
Growth of the company's book value by 1% to $12.64 per share by the end of Q1 2024 represents a 36% increase over the past five years.
The company observed an all-in yield of 8.81% at the end of Q1.
The net income generated annually from its fee-based services portfolio was $122 million.
Arbor reported a total interest income of $320 million in Q1.
Arbor Realty Trust報告稱，2024年第一季度的每股可分配收益爲0.47美元（不包括小額虧損0.48美元）。
股東分紅的派息率約爲90％。
據報道，本季度的拖欠總額從12.3億美元減少到9.54億美元。
到2024年第一季度末，該公司的賬面價值增長了1％，達到每股12.64美元，在過去五年中增長了36％。
該公司在第一季度末的總收益率爲8.81％。
其收費服務組合每年產生的淨收入爲1.22億美元。
Arbor報告稱，第一季度總利息收入爲3.2億美元。
Business Progress:
業務進展：
The funding of $172 million for the single-family rental business represented growth in the sector.
The company highlighted its entry into the construction lending business with $200 million under application and $300 million in an annualized pipeline.
The realty trust reported prioritizing liquidity with about $1.6 billion of cash availability.
It repurchased $11.4 million of its stock, indicating potential for boosting shareholder returns.
The company modified $1.9 billion of loans in Q1 2024, infusing them with additionals funds amounting to a total of $45 million.
There is consistent working towards managing the cash available in their CLOs to maximize value.
The firm showed strong collection efforts, succeeding in collecting income from non-accruing loans.
Arbor continues to focus on navigating through market challenges like COVID and elevated insurance costs for maintaining stability.
The modification of $1.9 billion of loans with a capital infusion of $45 million, primarily in the form of caps, indicates their risk managing strategy.
爲單戶住宅租賃業務提供的1.72億美元資金代表了該行業的增長。
該公司強調了其進入建築貸款業務的情況，申請額爲2億美元，按年計算的資金爲3億美元。
該房地產信託基金報告說，優先考慮流動性，擁有約16億美元的可用現金。
它回購了1140萬美元的股票，這表明有可能提高股東回報。
該公司在2024年第一季度修改了19億美元的貸款，爲其注入了總額爲4,500萬美元的額外資金。
他們一直在努力管理其CLO中的可用現金，以實現價值最大化。
該公司表現出了強有力的收款工作，成功地從非應計貸款中獲得了收入。
磐儀繼續專注於應對諸如COVID和高昂的保險成本等市場挑戰，以保持穩定。
修改了19億美元的貸款，注入了4,500萬美元的資本，主要以上限的形式注入，這表明了他們的風險管理策略。
More details: Arbor Realty Trust Inc IR
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譯文內容由第三人軟體翻譯。