10-K · February 27, 2026
Arbor positions itself as a nationwide REIT and direct lender operating two businesses: a Structured origination/investment business and an Agency origination/servicing business. At December 31, 2025 the company reports…
Earnings analysis · 10-Q
ABR earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Arbor Realty Trust's Q1 2026 results showed significant operational challenges, with total revenue of $57.9 million, down from $89.7 million estimated and marked a decline from prior year figures. Their reported diluted…
Read full summary
Arbor Realty Trust's Q1 2026 results showed significant operational challenges, with total revenue of $57.9 million, down from $89.7 million estimated and marked a decline from prior year figures. Their reported diluted EPS was $0.00, a notable decrease from the $0.15 anticipated by analysts. The company declared a reduced dividend of $0.17 per share, down from $0.30 in the previous quarter.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0
What stood out
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Revenue Missed Expectations
Reported revenue was $57.9 million, missing estimates of $89.7 million.
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EPS Significant Miss
Diluted EPS was $0.00, significantly below the expected $0.15.
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Dividend Reduction Announced
Dividends declared decreased to $0.17 per share from $0.30 the prior quarter.
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Increased Loan Defaults
Loan defaults are rising due to challenging market conditions exacerbated by geopolitical tensions.
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Improved MSR Income
Income from mortgage servicing rights rose to $9.66 million, up by 19% YoY.
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Share Buyback Program Activated
Company repurchased 4.12 million shares at an average price of $7.46 per share, costing $30.7 million.
What to watch
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Increased Loan Modifications
Loan modifications increased with 13 loans amounting to $478.8 million modified.
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High Provision for Credit Losses
Provision for credit losses reached $5.816 million, down 36% from previous year but still a concern.
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Rising Delinquencies
Delinquent loans rose to $975.4 million compared to $959 million at the end of 2025.
Management's outlook
No numerical guidance for revenue or EPS for the upcoming periods; management highlights uncertainty in market conditions.
Earlier filings 4
10-Q · October 31, 2025
Arbor reported Q3 2025 diluted EPS of $0.20 and net income of $52,016 (in thousands). Net interest income contracted sharply to $38,266 (in thousands) versus $88,812 (in thousands) in Q3 2024 while loans and…
10-Q · August 1, 2025
Arbor Realty Trust reported weaker operating results in Q2 2025 as net interest income fell and net income and diluted EPS both declined versus Q2 2024. Balance sheet activity shows deployment into loans and investments…
10-K · February 21, 2025
Arbor presents a two‑pillar strategy: a Structured origination/investment business (bridge, mezzanine, preferred equity, SFR) that feeds a capital‑light Agency origination and servicing business. At December 31, 2024…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.