GlobeNewswire·Nov 10, 2026, 5:28 PM ET

Sunrise Realty Trust, Inc. Announces Financial Results for the Third Quarter 2026

Sunrise Realty Trust, Inc. reported third quarter 2026 GAAP net income of $2.9 million ($0.21 per share) & Distributable Earnings of $3.2 million ($0.24 per share).
Distributable Earnings included approximately $0.06 per share in one-time merger-related expenses.
On October 15, 2026, the company paid a quarterly cash dividend of $0.30 per share, totaling $4.1 million.
On November 5, 2026, SUNS completed its merger with Southern Realty Trust Inc. & paid a prorated dividend of $0.09 per share for the period October 1 through November 4, 2026.
CEO Brian Sedrish stated the merger creates a larger, more efficient platform to improve access to leverage & broaden transaction sourcing.
For the first nine months of 2026, Distributable Earnings totaled $0.89 per share compared to $0.90 per share in declared dividends.
The company filed its Form 10-Q for the quarter ended September 30, 2026, with the SEC on November 10, 2026.
A conference call to discuss financial results is scheduled for November 11, 2026, at 10:00 a.m. Eastern Time.
The company expects the Board of Directors to declare a dividend for the remainder of the fourth quarter of 2026 covering November 5 through December 31, 2026.