Franklin BSP Realty Trust, Inc. (FBRT)

Franklin BSP 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	530.29	552.51	357.71	216.89	179.87	195.3
Total Interest Expense	338.59	305	116.98	49.19	66.56	90.42
Net Interest Income	191.7	247.51	240.72	167.7	113.32	104.88
Other Revenue	18.15	17.02	9.66	4.76	4.3	3.17
Revenue Before Loan Losses	209.85	264.53	250.38	172.46	117.62	108.05
Provision for Loan Losses	40.17	33.74	36.12	-5.19	13.3	3.01
Revenue	169.68	230.79	214.26	177.65	104.32	105.04
Revenue Growth (YoY)	-26.87%	7.71%	20.61%	70.29%	-0.69%	33.10%
Cost of Services Provided	54.79	64.8	63.01	48.62	43.61	47.92
Other Operating Expenses	14.64	11.46	125.14	39.19	25.08	6.22
Total Operating Expenses	82.54	88.15	196.08	89.92	70.92	54.8
Operating Income	87.14	142.64	18.18	87.73	33.4	50.24
EBT Excluding Unusual Items	87.14	142.64	18.18	87.73	33.4	50.24
Gain (Loss) on Sale of Investments	-8.27	-7.01	-0.69	9.79	-0.03	0.05
Other Unusual Items	-	2.2	-5.17	-4.64	3.68	-
Pretax Income	92.84	141.75	13.82	29.3	52.68	88.41
Income Tax Expense	0.58	-2.76	-0.4	3.6	-2.06	4.48
Earnings From Continuing Ops.	92.27	144.51	14.22	25.7	54.75	83.92
Minority Interest in Earnings	3.11	0.71	0.22	-	-	-
Net Income	95.37	145.22	14.43	25.7	54.75	83.92
Preferred Dividends & Other Adjustments	28.21	28.16	41.74	33.59	14.92	17.01
Net Income to Common	67.17	117.06	-27.31	-7.89	39.83	66.91
Net Income Growth	-33.11%	906.27%	-43.85%	-53.05%	-34.77%	58.87%
Shares Outstanding (Basic)	82	82	72	43	44	42
Shares Outstanding (Diluted)	82	82	72	43	44	42
Shares Change (YoY)	-0.68%	14.91%	64.91%	-2.17%	6.04%	13.84%
EPS (Basic)	0.82	1.42	-0.38	-0.18	0.90	1.60
EPS (Diluted)	0.81	1.42	-0.38	-0.18	0.90	1.60
EPS Growth	-41.51%	-	-	-	-43.87%	11.39%
Free Cash Flow	168.25	197.39	152.52	146.5	115.33	45.37
Free Cash Flow Per Share	2.05	2.40	2.13	3.37	2.60	1.08
Dividend Per Share	1.410	1.420	1.420	0.285	1.184	1.440
Dividend Growth	-1.40%	0%	398.25%	-75.93%	-17.78%	-0.00%
Operating Margin	51.36%	61.81%	8.49%	49.39%	32.01%	47.83%
Profit Margin	39.58%	50.72%	-12.75%	-4.44%	38.18%	63.70%
Free Cash Flow Margin	99.15%	85.53%	71.18%	82.46%	110.56%	43.19%
Effective Tax Rate	0.62%	-	-	12.28%	-	5.07%

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