Earnings Releases·Nov 10, 2026, 5:30 PM ET

Sunrise Realty Trust, Inc. — Third Quarter 2026 Earnings Summary

GAAP net income declined to $2.9 million ($0.21/share) for Q3 2026 from $4.1 million ($0.31/share) in the prior year period, while Distributable Earnings fell to $3.2 million ($0.24/share) from $4.1 million ($0.31/share) year-over-year.
Nine-month Distributable Earnings totaled $11.8 million ($0.89/share), slightly up from $11.7 million ($0.93/share) in 2025, though GAAP net income for the same period decreased to $10.2 million from $10.5 million.
The Company completed its merger with Southern Realty Trust Inc. on November 5, 2026, creating a larger platform intended to enhance competitiveness, access structured capital, and pursue larger transactions in Southern transitional CRE markets.
Management expects the Board to declare a dividend for the remainder of Q4 2026 and intends to pay dividends at least equal to REIT taxable income, subject to Board authorization.