BrightSpire Capital, Inc. Announces First Quarter 2026 Financial Results
BrightSpire Capital reported Q1 2026 GAAP net income of $4.8 million, or $0.03 per share, alongside Adjusted Distributable Earnings of $18.2 million, or $0.14 per share. Operational highlights included positive net deployment with $311 million of committed capital closed and a 39% reduction in the watch list, signaling portfolio de-risking.
Key figures
- Eps
- 0.03
- Guidance
- Dividend of $0.16 per share declared for Q1 2026
- Capital in execution
- 283000000
- Distributable earnings
- 15600000
- Net book value per share
- 7.05
- Watch list reduction ytd
- 39%
- Adjusted distributable earnings
- 18200000
- Undepreciated book value per share
- 8.24
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.