KKR Real Estate Finance Trust Inc. (KREF) Form 10-Q — Oct 28, 2026
KKR Real Estate Finance Trust posted a nine-month 2026 net loss of $175.3 million ($173.4 million attributable to KREF), including a $150.0 million net provision for credit losses and a $50.0 million loss on a commercial real estate loan held-for-sale, versus a $23.6 million loss in the same period of 2025. Q3 itself was near breakeven, with a net loss of $0.8 million ($0.11 per share) versus net income of $12.8 million ($0.12 per share) a year ago. The board cut the quarterly common dividend to $0.10 per share, down from $0.25 earlier in the year.
Key figures
- Total Assets
- 5190604000
- Cash Position
- 165883000
- Shares Outstanding
- 57027286
- Total equity
- 971901000
- Kkr ownership
- 10,000,001 shares / 17.5%
- Cre loans hfi net
- 2950118000
- Total liabilities
- 4218703000
- Buyback dollars 9m 2026
- 50000000
- Buyback remaining capacity
- 25800000
- Shares repurchased 9m 2026
- 7365225
- Allowance for credit losses
- 187436000
- Common dividend per share q3
- 0.1
- Q3 2025 common dividend per share
- 0.25
- Provision for credit losses nine months
- 150010000
- Q3 2025 net income attributable to kref
- 13778000
- Loss on cre loan held for sale nine months
- 49975000
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