财务数据和关键指标变化 - 公司在第二季度产生了91.6百万美元的可分配收益,每股0.45美元,ROE约为14% [43] - 公司在第二季度修改了价值7.33亿美元的28笔贷款,其中3.98亿美元的贷款要求借款人投入额外资本,公司提供临时利率减免 [43][44] - 公司的不良贷款总额从上季度的9.54亿美元增加到10.5亿美元,其中6.67亿美元为60天以上逾期贷款 [46] - 公司在第二季度增加了2900万美元的CECL准备金,其中750万美元为特定资产准备,其余为一般准备 [49][50] 各条业务线数据和关键指标变化 - 公司的代理业务在第二季度有11亿美元的强劲贷款发放和销售,贷款销售利润率为1.54% [53] - 公司的代理业务产生了1450万美元的抵押贷款服务权收入,平均MSR利率为1.32% [53] - 公司的代理业务服务组合增长到323亿美元,加权平均服务费为38个基点,剩余期限为7.5年 [54] - 公司的资产负债表贷款业务投资组合收益率为8.60%,平均资产负债表贷款规模为122亿美元,平均资金成本为7.53% [55][56][57] 各个市场数据和关键指标变化 - 公司的单户出租业务在第二季度有1.85亿美元的资金投放,并有2.8亿美元的签约承诺 [38] - 公司的建筑贷款业务正在稳步发展,预计可产生10%-12%的无杠杆收益,并最终达到中高teens的杠杆收益 [39][40] 公司战略和发展方向及行业竞争 - 公司采取了多元化的业务模式,投资于合适的资产类别,并拥有稳定的负债结构,使其能够在当前充满挑战的环境中持续表现出色 [8][29][31] - 公司大量使用长期低成本的CLO融资工具,为其提供了在市场动荡时期的战略优势 [29][30][31] - 公司的代理业务和单户出租业务为其带来了可预测的长期收入流,有助于抵消资产负债表贷款业务的波动 [32][35][38] - 公司正在积极拓展建筑贷款业务,预计可为其带来高回报 [39][40] 管理层对经营环境和未来前景的评论 - 管理层认为公司已做好充分准备,能够在当前充满挑战的环境中持续表现出色 [8][12] - 管理层预计第三季度和第四季度仍将是最为艰难的时期,但有信心能够成功渡过 [12][41] - 管理层认为利率下降将为公司带来积极影响,刺激再融资和交易活动,并有助于解决不良贷款问题 [122][126][127] 其他重要信息 - 公司遭受了一些不实指控,但坚持自己的财务数据和披露,并配合相关部门的调查 [13][26] - 公司拥有充足的流动性,约7亿美元的现金和等价物,有助于渡过当前困境并把握未来机会 [27][28] - 公司已大幅降低杠杆,67%的债务为非标记市场、非追索的CLO负债,提供了战略优势 [29] 问答环节重要的提问和回答 问题1 **Steven DeLaney 提问** 询问公司对已归类为不良贷款的资产是否仍有修改的可能性 [62][63] **Ivan Kaufman 回答** 预计约40%的不良贷款仍有修改的可能性,其余30%预计将进入REO,剩余30%将通过其他方式解决 [64][65][66][67] 问题2 **Stephen Laws 提问** 询问利率下降对公司的影响,是否会短期内压缩净利差,但长期有利于代理业务和贷款修改 [125][126][127] **Ivan Kaufman 和 Paul Elenio 回答** 利率下降将使贷款修改更容易进行,同时刺激代理业务增长,长期来看是利好公司的 [126][127] 问题3 **Leon Cooperman 提问** 询问公司是否认为经济将进入衰退,以及是否会考虑在低估值时回购股票 [132][133][134][135][136] **Ivan Kaufman 和 Paul Elenio 回答** 管理层认为经济可能进入温和衰退,并表示在合适的估值水平会考虑回购股票 [133][134][135][136]

Arbor Realty Trust (ABR) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.27%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.44 per share when it actually produced earnings of $0.47, delivering a surprise of 6.82%.Over the last four q ...

LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arbor Realty Trust, Inc. ("Arbor Realty" or "the Company") (NYSE: ABR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 7, 2021 through July 11, 2024, inclusive (the "Class Perio ...

Company Highlights: GAAP net income of $0.25 and distributable earnings of $0.45, per diluted common share1Declares cash dividend on common stock of $0.43 per shareStrong liquidity position with ~$725 million in cash and liquidity and ~$215 million of CLO restricted cash2Agency loan originations of $1.15 billion; a servicing portfolio of ~$32.28 billion, up 3%Structured loan originations of $227.2 million, runoff of $629.6 million and a portfolio of ~$11.87 billionRedeemed our 5.75% senior notes at maturity ...

Company Highlights: GAAP net income of $0.25 and distributable earnings of $0.45, per diluted common share1Declares cash dividend on common stock of $0.43 per shareStrong liquidity position with ~$725 million in cash and liquidity and ~$215 million of CLO restricted cash2Agency loan originations of $1.15 billion; a servicing portfolio of ~$32.28 billion, up 3%Structured loan originations of $227.2 million, runoff of $629.6 million and a portfolio of ~$11.87 billionRedeemed our 5.75% senior notes at maturity ...

NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Arbor Realty Trust, Inc. ("ABR" or the "Company") (NYSE: ABR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ABR investors who were adversely affected by alleged securities fraud between May 7, 2021 and July 11, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/arbor-lawsuit-submission-form?prid=93329&wi ...

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Arbor Realty Trust, Inc. (“ABR” or the “Company”) (NYSE: ABR) securities between May 7, 2021 and July 11, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company’s investors under the federal secur ...

ATLANTA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Arbor Realty Trust Inc. (“Arbor Realty Trust,” or “ABR”) (NYSE: ABR). The lawsuit alleges that Defendants provided investors false and/or materially misleading information concerning ABR’s operational and financial health, including its balance sheet loan book and net interest income. If you bought shares of Arbor Realty Trust between May 7, 2021 and July 11, 2024, and you suffered a significant loss on that ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Arbor Realty Trust, Inc. (“Arbor Realty” or the “Company”) (NYSE: ABR) in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired Arbor Realty securities between May 7, 2021 and July 11, 2024, both dates inclusive (the “Class Period”). I ...

SAN FRANCISCO, July 31, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Arbor Realty Trust, Inc. (NYSE: ABR) investors who suffered substantial losses to submit your losses now. Class Period: May 7, 2021 – July 11, 2024Lead Plaintiff Deadline: Sept. 30, 2024Visit: www.hbsslaw.com/investor-fraud/ABR Contact An Attorney Now: ABR@hbsslaw.com                                                    844-916-0895 Securities Class Action Against Arbor Realty Trust, Inc. (ABR): Arbor Realty Trust (ABR) is under fire from i ...