KREF Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	135.44	84.62	104.93	135.9	239.79	271.49
Securities and Investments	246.79	-	-	-	-	-
Net Loans	4,627	5,146	5,772	7,133	7,387	6,294
Accrued Interest and Accounts Receivable	-	-	28.75	41	39.01	15.24
Long-Term Investments	1,891	1,121	436.34	218.18	117.08	114.11
Other Non-Earning Assets	49.56	112.85	8.85	19.46	19.28	7.92
Total Assets	6,950	6,465	6,350	7,548	7,802	6,703
Accounts Payable	5.52	6.51	5.92	8.27	8.72	5.95
Accrued Expenses	-	-	37.12	50.01	47.57	33.22
Long-Term Debt	4,499	4,694	4,899	6,060	6,164	5,295
Other Liabilities	1,293	539.4	9.85	25.23	10.25	7.52
Total Liabilities	5,797	5,239	4,952	6,143	6,231	5,342
Preferred Stock	0.13	0.13	0.13	0.13	0.13	0.07
Common Stock	-	-	-	0.69	0.69	0.61
Treasury Stock	-	-9.26	-	-96.76	-96.76	-61
Additional Paid-in Capital	1,679	1,687	1,715	1,815	1,809	1,460
Retained Earnings	-584.08	-506.13	-370.47	-314.37	-141.5	-38.21
Total Common Shareholders' Equity	1,096	1,173	1,345	1,405	1,572	1,361
Minority Interest	57.24	52.65	53.85	-0.59	-0.1	0.15
Shareholders' Equity	1,153	1,225	1,399	1,404	1,571	1,362
Total Liabilities & Equity	6,950	6,465	6,350	7,548	7,802	6,703
Total Debt	4,499	4,694	4,899	6,060	6,164	5,295
Net Cash (Debt)	-4,499	-4,694	-4,899	-6,060	-6,164	-5,295
Net Cash Per Share	-68.37	-70.25	-70.59	-87.60	-91.25	-93.25
Book Value	1,096	1,173	1,345	1,405	1,572	1,361
Book Value Per Share	16.65	17.55	19.38	20.31	23.26	23.98
Tangible Book Value	1,096	1,173	1,345	1,405	1,572	1,361
Tangible Book Value Per Share	16.65	17.55	19.38	20.31	23.26	23.98

SEC Filings: 10-K · 10-Q