Franklin BSP Realty Trust — Third Quarter 2026 Earnings Summary

Franklin BSP Realty Trust, Inc. reported a GAAP net loss of $27.0 million for the third quarter of 2026, resulting in a loss of $0.41 per diluted common share. The company achieved Distributable Earnings of $3.3 million, or $0.02 per diluted common share on a fully converted basis, while Distributable Earnings before realized losses reached $25.8 million. During the quarter, the firm repurchased 7.4 million shares for $60.5 million, increasing fully converted book value per share to $14.26. The company also declared a quarterly cash dividend of $0.20 per share and reported a core portfolio principal balance of $4.1 billion across 175 loans.