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FRANKLIN BSP REALTY TRUST, INC.

CIK: 1562528 SIC: 6798
$265.10M
Revenue
$82.27M
Net Income
-
Gross Margin
-
Op. Margin
$536.24M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 12 annual reports available (2013 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $265.10M $270.07M $210.45M $263.95M $201.65M $160.81M
Revenue Growth % -1.8% 28.3% -20.3% 30.9% 25.4% nan%
Operating Expenses $186.37M $186.37M $86.44M $87.82M $77.51M $142.96M
Interest Expense $478.06M $275.82M $324.57M $295.13M $144.19M $51.05M
Other Income/Expense $9.24M $4.27M $-30.49M $-34.38M $-110.33M $11.44M
Income Before Tax - - - - - $11.44M
Income Tax Expense $3.88M $3.88M $1.12M $-2.76M $-399.00K $3.60M
+ Net Income $82.27M $82.27M $95.88M $145.22M $14.43M $25.70M
Net Margin % 31.0% 30.5% 45.6% 55.0% 7.2% 16.0%
Basic EPS 0.64 0.65 0.82 1.42 -0.38 -0.18
Diluted EPS 0.64 0.64 0.82 1.42 -0.38 -0.18
Basic Shares Outstanding - 82.0M 81.8M 82.3M 71.6M 43.4M
Diluted Shares Outstanding - 86.2M 81.8M 82.3M 71.6M 43.4M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $167.29M $184.44M $337.60M $179.31M $154.93M
Goodwill $92.05M - - - -
Intangible Assets $115.55M $39.83M - - -
Total Assets $6.06B $6.00B $5.96B $6.20B $9.47B
Other Current Liabilities $12.05M $14.11M - - -
Other Non-current Liabilities $29.66M $11.65M - - -
Total Liabilities $4.44B $4.39B $4.28B $4.53B $7.67B
Common Stock $808.00K $818.00K $820.00K $826.00K $441.00K
Retained Earnings $-411.10M $-348.07M $-298.94M $-299.23M $-167.18M
Total Stockholders Equity $1.44B $1.51B $1.56B $1.56B $1.71B
Total Liabilities & Equity $6.06B $6.00B $5.96B $6.20B $9.47B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $82.27M $82.27M $95.88M $145.22M $14.43M $25.70M
Depreciation & Amortization $13.73M $9.59M $5.63M $8.41M $5.33M $2.11M
Stock-based Compensation $15.93M $9.12M $8.17M $4.76M $2.52M $211.00K
Deferred Income Tax - $3.18M $-331.00K $-2.77M - -
Operating Cash Flow $536.24M $291.94M $57.23M $197.39M $152.51M $146.50M
Investing Cash Flow $1.19B $380.81M $-155.47M $380.81M $3.10B $1.07B
Stock Issued - - - - - -
Stock Repurchased $14.37M $14.37M $4.87M $12.51M $16.58M $11.42M
Dividends Paid $254.49M $145.58M $144.91M $144.35M $139.41M $67.95M
Financing Cash Flow $-1.49B $-684.43M $-48.58M $-424.99M $-3.23B $-1.14B
Net Change in Cash $241.47M $-11.68M $-146.82M $153.20M $22.29M $76.06M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $89.55M - $193.92M -
Operating Expenses $73.29M - $133.19M -
Interest Expense - - $201.97M -
Other Income/Expense $-1.54M - $2.59M -
Income Tax Expense $-2.90M - $-2.38M -
Net Income $17.31M $-2.17M $64.57M -
Basic EPS 0.12 - 0.52 -
Diluted EPS 0.12 - 0.51 -
Basic Shares Outstanding $82.21M - $82.15M -
Diluted Shares Outstanding $90.60M - $84.98M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $116.65M $184.44M
Goodwill $90.85M -
Total Assets $6.22B $6.00B
Other Current Liabilities $12.73M $14.11M
Other Non-current Liabilities $34.04M $11.65M
Total Liabilities $4.56B $4.39B
Common Stock $822.00K $818.00K
Retained Earnings $-392.84M $-348.07M
Total Stockholders Equity $1.47B $1.51B
Total Liabilities & Equity $6.22B $6.00B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $17.31M $-2.17M $64.57M -
Depreciation & Amortization $3.43M - $6.19M -
Stock-based Compensation - - $6.80M -
Operating Cash Flow - - $-20.07M -
Investing Cash Flow - - $473.70M -
Stock Repurchased - - - -
Dividends Paid - - $109.13M -
Financing Cash Flow - - $-506.63M -
Net Change in Cash - - $-53.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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