Franklin BSP Realty Trust, Inc. (FBRT)

Franklin BSP Realty Trust Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	526.08	552.51	357.71	216.89	179.87
Total Interest Expense	338.47	305	116.98	49.19	66.56
Net Interest Income	187.61	247.51	240.72	167.7	113.32
Other Revenue	22.85	17.02	9.66	4.76	4.3
Revenue Before Loan Losses	210.45	264.53	250.38	172.46	117.62
Provision for Loan Losses	35.7	33.74	36.12	-5.19	13.3
Revenue	174.76	230.79	214.26	177.65	104.32
Revenue Growth (YoY)	-24.28%	7.71%	20.61%	70.29%	-0.69%
Cost of Services Provided	51.17	64.8	63.01	48.62	43.61
Other Operating Expenses	21.68	11.46	125.14	39.19	25.08
Total Operating Expenses	86.66	88.15	196.08	89.92	70.92
Operating Income	88.1	142.64	18.18	87.73	33.4
EBT Excluding Unusual Items	88.1	142.64	18.18	87.73	33.4
Gain (Loss) on Sale of Investments	-7.84	-7.01	-0.69	9.79	-0.03
Other Unusual Items	-	2.2	-5.17	-4.64	3.68
Pretax Income	93.52	141.75	13.82	29.3	52.68
Income Tax Expense	1.12	-2.76	-0.4	3.6	-2.06
Earnings From Continuing Ops.	92.4	144.51	14.22	25.7	54.75
Minority Interest in Earnings	3.48	0.71	0.22	-	-
Net Income	95.88	145.22	14.43	25.7	54.75
Preferred Dividends & Other Adjustments	26.99	28.16	41.74	33.59	14.92
Net Income to Common	68.89	117.06	-27.31	-7.89	39.83
Net Income Growth	-33.98%	906.27%	-43.85%	-53.05%	-34.77%
Shares Outstanding (Basic)	82	82	72	43	44
Shares Outstanding (Diluted)	82	82	72	43	44
Shares Change (YoY)	-0.56%	14.91%	64.91%	-2.17%	6.04%
EPS (Basic)	0.84	1.42	-0.38	-0.18	0.90
EPS (Diluted)	0.82	1.42	-0.38	-0.18	0.90
EPS Growth	-42.25%	-	-	-	-43.87%
Free Cash Flow	-	197.39	152.52	146.5	115.33
Free Cash Flow Per Share	-	2.40	2.13	3.37	2.60
Dividend Per Share	1.420	1.420	1.420	0.285	1.184
Dividend Growth	0%	0%	398.25%	-75.93%	-17.78%
Operating Margin	50.41%	61.81%	8.49%	49.39%	32.01%
Profit Margin	39.42%	50.72%	-12.75%	-4.44%	38.18%
Free Cash Flow Margin	-	85.53%	71.18%	82.46%	110.56%
Effective Tax Rate	1.20%	-	-	12.28%	-

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