Arbor Realty Trust Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Arbor Realty Trust Inc reported net income of $157.8M (-44.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest income | $940.0M | $1.2B | $1.3B | $948.4M |
| Interest expense | $701.8M | $804.6M | $903.2M | $557.6M |
| Net interest income | $238.2M | $363.3M | $428.0M | $390.8M |
| Gain on sales, including fee-based services, net | $70.7M | $74.9M | $72.5M | $55.8M |
| Mortgage servicing rights | $54.5M | $51.3M | $69.9M | $69.3M |
| Servicing revenue, net | $109.6M | $125.9M | $130.4M | $92.2M |
| Property operating income | $21.3M | $7.2M | $5.7M | $1.9M |
| Gain (loss) on derivative instruments, net | $1.3M | ($8.5M) | $6.8M | $26.6M |
| Other income, net | $14.8M | $8.1M | $7.7M | ($17.6M) |
| Total other revenue | $272.2M | $258.9M | $293.0M | $228.3M |
| Employee compensation and benefits | $174.1M | $181.7M | $159.8M | $161.8M |
| Selling and administrative | $59.8M | $54.9M | $51.3M | $54.0M |
| Property operating expenses | $28.0M | $7.4M | $5.9M | $2.1M |
| Depreciation and amortization | $23.2M | $9.6M | $9.7M | $8.7M |
| Impairment loss on real estate owned | $20.5M | — | — | — |
| Provision for loss sharing, net | $24.3M | $11.8M | $15.7M | $1.9M |
| Provision for credit losses, net | $42.7M | $68.5M | $73.4M | $21.2M |
| Total other expenses | $372.6M | $333.9M | $315.8M | $257.1M |
| Income before extinguishment of debt, (loss) gain on real estate, income from equity affiliates and income taxes | $137.8M | $288.2M | — | — |
| Loss on extinguishment of debt | ($2.9M) | ($412.0K) | ($1.6M) | ($4.9M) |
| (Loss) gain on real estate | ($9.2M) | $3.8M | $0 | — |
| Income from equity affiliates | $50.9M | $5.8M | $24.3M | $14.2M |
| Provision for income taxes | ($18.8M) | ($13.5M) | ($27.3M) | ($17.5M) |
| Net income | $157.8M | $283.9M | $400.6M | $353.8M |
| Preferred stock dividends | $41.4M | $41.4M | $41.4M | $41.0M |
| Net income attributable to noncontrolling interest | $9.0M | $19.3M | $29.1M | $28.0M |
| Net income attributable to common stockholders | $107.4M | $223.3M | $330.1M | $284.8M |
| Basic earnings per common share (in dollars per share) | $0.56 | $1.18 | $1.79 | $1.72 |
| Diluted earnings per common share (in dollars per share) | $0.56 | $1.18 | $1.75 | $1.67 |
| Basic (in shares) | 193.0M | 188.7M | 184.6M | 165.4M |
| Diluted (in shares) | 209.7M | 205.5M | 218.8M | 199.1M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest income | $230.9M | $235.0M | $223.0M | $240.3M |
| Interest expense | $177.8M | $175.2M | $184.7M | $171.6M |
| Net interest income | $53.1M | $59.8M | $38.3M | $68.7M |
| Gain on sales, including fee-based services, net | $15.2M | $12.5M | $23.3M | $13.7M |
| Mortgage servicing rights | $12.1M | $9.7M | $15.5M | $10.9M |
| Servicing revenue, net | $23.9M | $25.7M | $29.7M | $27.4M |
| Property operating income | $8.3M | $8.1M | $4.2M | $5.5M |
| Gain on derivative instruments, net | $1.0M | ($493.0K) | ($2.2M) | $219.0K |
| Other income, net | $2.3M | $2.1M | $3.6M | $4.0M |
| Total other revenue | $62.8M | $57.5M | $74.2M | $61.7M |
| Employee compensation and benefits | $45.1M | $47.7M | $44.2M | $41.2M |
| Selling and administrative | $15.9M | $17.0M | $13.7M | $14.9M |
| Property operating expenses | $12.7M | $12.0M | $7.3M | $6.8M |
| Depreciation and amortization | $5.9M | $7.1M | $5.4M | $5.8M |
| Impairment loss on real estate owned | $13.7M | $12.5M | — | — |
| Provision for loss sharing, net | $13.5M | $4.5M | — | — |
| Provision for credit losses, net | $38.2M | $5.8M | $19.7M | $19.0M |
| Total other expenses | $144.8M | $106.6M | $98.5M | $91.9M |
| (Loss) income before extinguishment of debt, gain (loss) on real estate, income from equity affiliates and income taxes | ($29.0M) | $10.8M | $14.0M | $38.5M |
| Loss on extinguishment of debt | $0 | $0 | $0 | $0 |
| Gain (loss) on real estate | $64.0K | ($2.1M) | ($555.0K) | ($1.4M) |
| Income from equity affiliates | $1.9M | $4.4M | $46.2M | $2.7M |
| Provision for income taxes | ($3.1M) | ($2.1M) | ($7.6M) | ($3.4M) |
| Net (loss) income | ($30.2M) | $11.0M | $52.0M | $36.3M |
| Preferred stock dividends | $10.3M | $10.3M | $10.3M | $10.3M |
| Net (loss) income attributable to noncontrolling interest | ($3.2M) | $52.0K | $3.2M | $2.0M |
| Net (loss) income attributable to common stockholders | ($37.3M) | $629.0K | $38.5M | $24.0M |
| Basic (loss) earnings per common share (in dollars per share) | -$0.20 | $0.00 | $0.20 | $0.12 |
| Diluted (loss) earnings per common share (in dollars per share) | -$0.20 | $0.00 | $0.20 | $0.12 |
| Basic (in shares) | 190.8M | 194.2M | 193.7M | 192.2M |
| Diluted (in shares) | 190.8M | 211.7M | 210.5M | 209.0M |
| Dividends declared per common share (in dollars per share) | $0.17 | $0.30 | $0.30 | $0.30 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $482.9M | $503.8M | $929.0M | $534.4M |
| Restricted cash | $67.3M | $156.4M | $608.2M | $713.8M |
| Loans and investments, net (allowance for credit losses of $145,971 and $238,967) | $11.9B | $11.0B | $12.4B | $14.3B |
| Loans held-for-sale, net | $409.1M | $435.8M | $551.7M | $354.1M |
| Capitalized mortgage servicing rights, net | $340.8M | $368.7M | $391.3M | $401.5M |
| Securities held-to-maturity, net (allowance for credit losses of $17,013 and $10,846) | $156.1M | $157.2M | $155.3M | $156.5M |
| Investments in equity affiliates | $58.0M | $76.3M | $79.3M | $79.1M |
| Real estate owned, net | $498.9M | $176.5M | — | — |
| Due from related party | $6.5M | $12.8M | $64.4M | $77.4M |
| Goodwill and other intangible assets | $86.6M | $88.1M | $91.4M | $96.1M |
| Other assets | $454.4M | $481.4M | $490.3M | $371.4M |
| Total assets | $14.5B | $13.5B | $15.7B | $17.0B |
| Credit and repurchase facilities | $5.1B | $3.6B | $3.2B | $3.8B |
| Securitized debt | $3.5B | $4.6B | $6.9B | $7.8B |
| Senior unsecured notes | $2.0B | $1.2B | $1.3B | $1.4B |
| Convertible senior unsecured notes | $0 | $285.9M | $283.1M | $280.4M |
| Junior subordinated notes to subsidiary trust issuing preferred securities | $145.5M | $144.7M | $143.9M | $143.1M |
| Notes payable - real estate owned | $223.0M | $74.9M | — | — |
| Due to related party | $501.0K | $4.5M | $13.8M | $12.3M |
| Due to borrowers | $33.5M | $47.6M | $121.7M | $61.2M |
| Allowance for loss-sharing obligations | $97.6M | $83.2M | $71.6M | $57.2M |
| Other liabilities | $280.8M | $280.2M | $343.1M | $335.8M |
| Total liabilities | $11.4B | $10.3B | $12.5B | $14.0B |
| Preferred stock, cumulative, redeemable, $0.01 par value: 100,000,000 shares authorized, shares issued and outstanding by period: Special voting preferred shares - 16,173,761 and 16,293,589 shares, 6.375% Series D - 9,200,000 shares, 6.25% Series E - 5,750,000 shares, 6.25% Series F - 11,342,000 shares | 633.7M | 633.7M | 633.7M | 633.7M |
| Common stock, $0.01 par value: 500,000,000 shares authorized - 195,491,855 and 189,259,435 shares issued and outstanding | 2.0M | 1.9M | 1.9M | 1.8M |
| Additional paid-in capital | $2.5B | $2.4B | $2.4B | $2.2B |
| (Accumulated deficit) retained earnings | ($136.6M) | $13.0M | $115.2M | $97.0M |
| Total Arbor Realty Trust, Inc. stockholders’ equity | $3.0B | $3.0B | $3.1B | $2.9B |
| Noncontrolling interest | $113.8M | $127.9M | $136.6M | $134.9M |
| Total equity | $3.1B | $3.2B | $3.3B | $3.1B |
| Total liabilities and equity | $14.5B | $13.5B | $15.7B | $17.0B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $287.5M | $407.1M | $423.4M | $255.7M |
| Restricted cash | $138.4M | $393.5M | $123.0M | $90.9M |
| Loans and investments, net (allowance for credit losses of $163,431 and $145,971) | $11.9B | $11.8B | $11.4B | $11.3B |
| Loans held-for-sale, net | $375.8M | $443.2M | $319.2M | $361.4M |
| Capitalized mortgage servicing rights, net | $323.9M | $331.9M | $344.9M | $348.3M |
| Securities held-to-maturity, net (allowance for credit losses of $14,343 and $17,013) | $157.1M | $155.5M | $156.0M | $156.9M |
| Investments in equity affiliates | $82.8M | $56.7M | $57.3M | $71.8M |
| Real estate owned, net | $545.9M | $520.8M | $471.3M | $365.2M |
| Goodwill and other intangible assets | $85.8M | $86.2M | $86.9M | $87.3M |
| Other assets | $440.4M | $426.9M | $444.9M | $475.5M |
| Total assets | $14.4B | $14.7B | $13.9B | $13.6B |
| Credit and repurchase facilities | $5.8B | $5.0B | $4.1B | $4.7B |
| Securitized debt | $3.0B | $3.9B | $4.2B | $3.5B |
| Senior unsecured notes | $1.9B | $2.0B | $1.7B | $1.2B |
| Junior subordinated notes to subsidiary trust issuing preferred securities | $145.9M | $145.7M | $145.3M | $145.1M |
| Notes payable - real estate owned | $270.4M | $253.2M | $190.7M | $184.6M |
| Due to borrowers | $27.6M | $30.0M | $39.1M | $36.8M |
| Allowance for loss-sharing obligations | $118.9M | $106.8M | $95.8M | $89.8M |
| Other liabilities | $266.8M | $245.6M | $275.9M | $251.6M |
| Total liabilities | $11.5B | $11.7B | $10.8B | $10.5B |
| Preferred stock, cumulative, redeemable, $0.01 par value: 100,000,000 shares authorized, shares issued and outstanding by period: | 633.7M | 633.7M | 633.7M | 633.7M |
| Common stock, $0.01 par value: 500,000,000 shares authorized - 188,981,757 and 195,491,855 shares issued and outstanding | 1.9M | 1.9M | 2.0M | 1.9M |
| Additional paid-in capital | $2.4B | $2.4B | $2.5B | $2.4B |
| Accumulated deficit | ($267.2M) | ($194.1M) | ($92.3M) | ($72.5M) |
| Total Arbor Realty Trust, Inc. stockholders' equity | $2.8B | $2.9B | $3.0B | $3.0B |
| Noncontrolling interest | $103.1M | $109.0M | $117.5M | $119.1M |
| Total equity | $2.9B | $3.0B | $3.1B | $3.1B |
| Total liabilities and equity | $14.4B | $14.7B | $13.9B | $13.6B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $157.8M | $283.9M | $400.6M | $353.8M |
| Depreciation and amortization | $23.2M | $9.6M | $9.7M | $8.7M |
| Stock-based compensation | $13.8M | $14.2M | $14.9M | $15.0M |
| Amortization and accretion of interest and fees, net | $14.0M | ($705.0K) | ($3.6M) | ($13.5M) |
| Originations of loans held-for-sale | ($5.1B) | ($4.5B) | ($5.1B) | ($4.8B) |
| Proceeds from sales of loans held-for-sale, net of gain on sale | $5.1B | $4.6B | $4.9B | $5.4B |
| Payoffs and paydowns of loans held-for-sale | $6.8M | $5.5M | $987.0K | $58.8M |
| Mortgage servicing rights | ($54.5M) | ($51.3M) | ($69.9M) | ($69.3M) |
| Amortization of capitalized mortgage servicing rights | $71.5M | $68.4M | $63.1M | $59.9M |
| Write-off of capitalized mortgage servicing rights from payoffs | $9.6M | $8.5M | $14.7M | $44.5M |
| Provision for loss sharing, net | $24.3M | $11.8M | $15.7M | $1.9M |
| Provision for credit losses, net | $42.7M | $68.5M | $73.4M | $21.2M |
| Net charge-offs for loss-sharing obligations | ($9.8M) | ($266.0K) | ($1.2M) | ($758.0K) |
| Deferred tax provision (benefit) | $3.8M | ($11.6M) | ($7.3M) | ($1.7M) |
| Income from equity affiliates | ($50.9M) | ($5.8M) | ($24.3M) | ($14.2M) |
| Distributions from operations of equity affiliates | $57.0M | $17.1M | $27.5M | $16.6M |
| Loss on extinguishment of debt | $2.9M | $412.0K | $1.6M | $4.9M |
| Impairment loss on real estate owned | $20.5M | — | — | — |
| Change in fair value of held-for-sale loans | ($2.8M) | ($609.0K) | ($2.5M) | $15.7M |
| (Gain) loss on derivative instruments, net | ($1.3M) | $8.5M | ($6.8M) | — |
| (Loss) gain on real estate | $9.2M | ($3.8M) | $0 | — |
| Changes in operating assets and liabilities | $11.6M | ($69.6M) | ($74.3M) | ($70.6M) |
| Net cash provided by operating activities | $372.4M | $461.5M | $235.9M | $1.1B |
| Loans and investments funded, originated and purchased, net | ($3.7B) | ($1.6B) | ($1.4B) | ($6.0B) |
| Payoffs and paydowns of loans and investments | $2.4B | $2.8B | $3.4B | $3.4B |
| Deferred fees | $33.7M | $25.8M | $21.3M | $57.1M |
| Proceeds from sale of real estate, net | $0 | $14.1M | — | — |
| Contributions to equity affiliates | ($11.7M) | ($19.6M) | ($19.0M) | ($17.8M) |
| Distributions from equity affiliates | $24.0M | $11.2M | $15.6M | $26.0M |
| Payoffs and paydowns of securities held-to-maturity | $222.0K | $483.0K | $4.6M | $19.0M |
| Investments in real estate, net | ($40.7M) | ($3.5M) | — | — |
| Change in due to borrowers and reserves | ($14.5M) | ($58.0M) | ($141.2M) | ($239.6M) |
| Net cash (used in) provided by investing activities | ($1.3B) | $1.2B | $1.9B | ($2.3B) |
| Proceeds from credit and repurchase facilities | $12.8B | $9.4B | $9.1B | $11.5B |
| Payoffs and paydowns of credit and repurchase facilities | ($11.2B) | ($9.0B) | ($9.7B) | ($12.2B) |
| Proceeds from notes payable - REO | $299.4M | $39.5M | — | — |
| Payoffs and paydowns of notes payable - REO | ($197.7M) | ($9.0M) | — | — |
| Proceeds from issuance of securitized debt | $1.5B | $0 | $0 | $2.8B |
| Payoffs and paydowns of securitized debt | ($2.7B) | ($2.3B) | ($929.8M) | ($801.1M) |
| Payoff of convertible senior unsecured notes | ($287.5M) | — | — | — |
| Proceeds from issuance of common stock | $70.5M | $10.0M | $193.7M | $408.7M |
| Proceeds from issuance of senior unsecured notes | $900.0M | $100.0M | $95.0M | $437.5M |
| Payoffs and paydowns of senior unsecured notes | ($95.0M) | ($200.0M) | ($149.6M) | ($312.9M) |
| Redemption of OP Units | ($1.6M) | $0 | $0 | ($546.0K) |
| Payments of withholding taxes on net settlement of vested stock | ($3.4M) | ($4.6M) | ($8.4M) | ($8.2M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net (loss) income | ($19.1M) | $11.0M | $131.7M | $79.7M |
| Depreciation and amortization | $13.0M | $7.1M | $14.9M | $9.6M |
| Stock-based compensation | $9.1M | $5.9M | $11.3M | $8.5M |
| Amortization and accretion of interest and fees, net | $6.4M | $3.1M | $9.8M | $6.5M |
| Originations of loans held-for-sale | ($1.8B) | ($707.6M) | ($3.5B) | ($1.5B) |
| Proceeds from sales of loans held-for-sale, net of gain on sale | $1.8B | $671.0M | $3.6B | $1.5B |
| Payoffs and paydowns of loans held-for-sale | $69.0K | $36.0K | $6.5M | $6.5M |
| Mortgage servicing rights | ($21.8M) | ($9.7M) | ($34.6M) | ($19.1M) |
| Amortization of capitalized mortgage servicing rights | $36.5M | $18.3M | $53.3M | $35.5M |
| Write-off of capitalized mortgage servicing rights from payoffs | $3.9M | $1.0M | $6.3M | $5.2M |
| Provision for loss sharing, net | $18.0M | $4.5M | — | — |
| Provision for credit losses, net | $44.0M | $5.8M | $47.8M | $28.1M |
| Charge-offs and advances, net of reimbursements | $3.3M | $4.7M | ($1.6M) | $605.0K |
| Deferred tax benefit | ($4.8M) | ($2.6M) | ($3.5M) | ($1.7M) |
| Income from equity affiliates | ($6.3M) | ($4.4M) | ($47.2M) | ($1.0M) |
| Distributions from operations of equity affiliates | $9.1M | $6.0M | $52.2M | $4.1M |
| Loss on extinguishment of debt | $0 | $0 | $2.3M | $2.3M |
| Impairment loss on real estate owned | $26.1M | $12.5M | — | — |
| Change in fair value of held-for-sale loans | $412.0K | $189.0K | ($2.8M) | ($2.8M) |
| Gain on derivative instruments, net | ($548.0K) | $493.0K | ($1.4M) | ($3.6M) |
| Loss on real estate | $2.1M | $2.1M | $4.8M | $4.3M |
| Changes in operating assets and liabilities | $379.0K | ($37.8M) | $12.3M | ($28.7M) |
| Net cash provided by operating activities | $150.0M | ($8.3M) | $389.3M | $210.6M |
| Loans and investments funded, originated and purchased, net | ($1.6B) | ($826.1M) | ($2.4B) | ($1.5B) |
| Payoffs and paydowns of loans and investments | $1.5B | $894.0M | $1.7B | $962.0M |
| Deferred fees | $11.1M | $7.0M | $22.6M | $16.0M |
| Contributions to equity affiliates | ($28.3M) | ($331.0K) | ($9.9M) | ($6.5M) |
| Distributions from equity affiliates | $656.0K | $0 | $24.0M | $7.9M |
| Payoffs and paydowns of securities held-to-maturity | $0 | $0 | $222.0K | $121.0K |
| Investment in real estate, net | ($27.9M) | ($16.2M) | ($26.8M) | ($14.0M) |
| Change in due to borrowers and reserves | ($100.0K) | $0 | ($10.6M) | ($3.2M) |
| Net cash used in investing activities | ($128.4M) | $58.3M | ($727.6M) | ($522.1M) |
| Proceeds from credit and repurchase facilities | $5.7B | $2.4B | $8.5B | $4.9B |
| Payoffs and paydowns of credit and repurchase facilities | ($5.0B) | ($2.5B) | ($7.9B) | ($3.8B) |
| Proceeds from issuance of securitized debt | $818.3M | $754.5M | $1.5B | $491.4M |
| Payoffs and paydowns of securitized debt | ($1.3B) | ($287.1M) | ($1.9B) | ($1.6B) |
| Payoffs and paydowns of senior unsecured notes | ($175.0M) | — | $0 | $0 |
| Proceeds from notes payable - REO | $41.7M | $17.4M | $201.8M | $177.5M |
| Payoffs and paydowns of notes payable - REO | ($24.5M) | $0 | ($103.2M) | ($67.8M) |
| Proceeds from issuance of common stock | $0 | $0 | $70.5M | $30.8M |
| Repurchase of common stock | ($51.6M) | ($30.7M) | $0 | $0 |
| Redemption of operating partnership units | $0 | $0 | ($1.6M) | ($1.6M) |
| Payments of withholding taxes on net settlement of vested stock | ($2.3M) | ($1.0M) | ($3.1M) | ($3.1M) |
| Distributions to stockholders and noncontrolling interest | ($118.8M) | ($73.3M) | ($245.9M) | ($172.4M) |
| Payment of deferred financing costs | ($12.1M) | ($8.4M) | ($43.4M) | ($18.6M) |
Arbor Realty Trust Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.