Arbor Realty Trust, Inc. (ABR)

Arbor Realty Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	1,286	1,331	948.4	466.09	339.47	315.94
Total Interest Expense	883.56	903.23	557.62	212.01	169.22	186.4
Net Interest Income	402.45	427.99	390.78	254.08	170.25	129.54
Mortgage Banking	59.99	69.91	69.35	130.23	165.52	90.76
Gain (Loss) on Sale of Loans & Receivables	69.46	72.52	55.82	123.04	94.61	65.65
Other Revenue	221.13	222.03	159.3	133.02	70.11	85.86
Revenue Before Loan Losses	753.03	792.45	675.24	640.37	500.49	371.81
Provision for Loan Losses	85.73	73.45	21.17	-21.11	61.11	-
Revenue	667.29	719.01	654.07	661.48	439.38	371.81
Revenue Growth (YoY)	-5.18%	9.93%	-1.12%	50.55%	18.17%	6.91%
Salaries & Employee Benefits	166.61	159.79	161.83	171.8	144.38	122.1
Cost of Services Provided	58.22	57.16	56.13	46.29	42.25	50.55
Other Operating Expenses	72.9	72.4	13.54	14.23	64.04	2.15
Total Operating Expenses	307.46	299.09	240.22	239.53	258.31	182.31
Operating Income	359.83	419.92	413.85	421.95	181.07	189.5
Earnings From Equity Investments	8.61	24.28	14.25	34.57	76.16	10.64
EBT Excluding Unusual Items	368.44	444.2	428.1	456.51	257.23	200.14
Other Unusual Items	-0.73	-1.56	-4.93	-3.37	-3.55	-7.44
Pretax Income	361.28	427.9	371.31	424.09	236.55	170.27
Income Tax Expense	21.26	27.35	17.48	46.29	40.39	15.04
Earnings From Continuing Ops.	340.02	400.56	353.83	377.81	196.16	155.24
Minority Interest in Earnings	-23.8	-29.12	-28.04	-38.51	-25.21	-26.61
Net Income	316.22	371.43	325.78	339.3	170.95	128.63
Preferred Dividends & Other Adjustments	41.37	41.37	40.95	21.89	7.55	7.55
Net Income to Common	274.85	330.07	284.83	317.41	163.4	121.07
Net Income Growth	-10.35%	14.01%	-3.98%	98.48%	32.90%	11.01%
Shares Outstanding (Basic)	188	185	165	138	114	93
Shares Outstanding (Diluted)	214	219	199	156	134	116
Shares Change (YoY)	1.02%	9.91%	27.56%	16.51%	15.30%	24.08%
EPS (Basic)	1.46	1.79	1.72	2.30	1.44	1.30
EPS (Diluted)	1.46	1.75	1.67	2.28	1.41	1.27
EPS Growth	-15.42%	4.91%	-26.65%	61.97%	10.76%	-15.29%
Free Cash Flow	464.12	235.86	1,100	216.85	55.17	-226.54
Free Cash Flow Per Share	2.17	1.08	5.52	1.39	0.41	-1.95
Dividend Per Share	1.720	1.710	1.570	1.420	1.260	1.170
Dividend Growth	4.24%	8.92%	10.56%	12.70%	7.69%	12.50%
Operating Margin	53.92%	58.40%	63.27%	63.79%	41.21%	50.97%
Profit Margin	41.19%	45.91%	43.55%	47.99%	37.19%	32.56%
Free Cash Flow Margin	69.55%	32.80%	168.12%	32.78%	12.56%	-60.93%
Effective Tax Rate	5.88%	6.39%	4.71%	10.91%	17.08%	8.83%

Source: S&P Capital IQ. Financial Services template. Financial Sources.