NYSE$ABR

Arbor Realty Trust Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported first quarter 2023 results and increased dividend by $0.02 to $0.42 per share.

Arbor Realty Trust reported a net income of $84.3 million, or $0.46 per diluted common share, and distributable earnings of $122.2 million, or $0.62 per diluted common share, for the first quarter ended March 31, 2023. The company's fee-based servicing portfolio totaled $28.91 billion.

  • Net income for the quarter was $84.3 million, or $0.46 per diluted common share.
  • Distributable earnings for the quarter was $122.2 million, or $0.62 per diluted common share.
  • The Agency Business generated revenues of $80.4 million.
  • The Company’s fee-based servicing portfolio totaled $28.91 billion.

Headline financials

Total Revenue

$389M

Previous: $208M+86.8%
EPS (adj)

$0.46

Previous: $0.40+15.0%
Servicing Portfolio UPB

$28.9B

Previous: $27B+7.2%
Free Cash Flow

$102M

Previous: $79.9M+27.9%
Net Income

$102M

Previous: $79.9M+27.9%
Operating Income

$272M

Previous: $136M+100.7%
Gross Profit

$353M

Previous: $193M+82.7%
Cash & Equivalents

$775M

Previous: $351M+120.8%
Total Assets

$16.6B

Previous: $16.3B+1.7%
Stock-Based Comp

$5.9M

Previous: $6.1M-3.2%

Revenue & EPS history

Arbor Realty · Revenue · Quarterly

$389M

Q1 2023+86.8%vs Q1 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Arbor Realty · $80.4M total across 1 segment · Q1 2023

  • Agency Business
    $80.4M+22.0%

Forward guidance

Safe Harbor Statement Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+2.0%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+0.6%

Avg return

30 days after

71%

46 / 65 earnings

Positive

+14.7%

Q3 2011

Best reaction

-15.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.5%-28.0%-35.7%
Q4 2025+9.5%+21.9%+1.2%
Q3 2025-15.2%-17.1%-22.9%
Q1 2025-3.2%-5.8%-13.5%
Q4 2024-13.3%-11.4%-11.3%
Q3 2024-0.3%+2.0%-0.5%
Q2 2024+0.6%+0.5%+3.0%
Q1 2024+2.6%+3.2%+4.6%
Q4 2023+2.2%-0.3%-1.2%
Q3 2023-2.8%-3.2%-5.2%
Q2 2023+4.7%+0.7%-3.7%
Q1 2023+11.9%+12.1%+23.2%
Q4 2022+2.8%+2.7%-24.8%
Q3 2022+10.0%+7.4%+12.2%
Q2 2022+0.8%-5.9%-7.6%
Q1 2022-3.1%-3.9%-5.2%
Q4 2021+4.1%+3.6%+3.2%
Q3 2021+3.9%-1.8%-9.2%
Q2 2021+0.1%-0.4%+1.2%
Q1 2021+3.1%-5.0%+7.6%
Q4 2020+6.4%+10.4%+8.2%
Q3 2020+9.6%+8.8%+17.6%
Q2 2020+12.2%+11.8%+21.3%
Q1 2020+0.4%-9.4%+40.2%
Q4 2019-1.9%-2.8%-43.7%
Q3 2019+3.7%+8.9%+11.0%
Q2 2019+0.4%+2.4%+2.4%
Q1 2019+1.5%+4.3%-2.9%
Q4 2018+7.3%+7.3%+8.4%
Q3 2018+2.1%+2.0%-0.3%
Q2 2018+1.7%-0.5%+7.7%
Q1 2018+6.9%+7.9%+7.5%
Q4 2017+4.0%+3.0%+5.4%
Q3 2017+3.2%+1.1%+4.8%
Q2 2017+0.5%+1.1%+0.2%
Q1 2017+4.6%+3.9%-1.9%
Q4 2016+3.2%+2.3%+12.9%
Q3 2016-0.1%+3.5%+3.9%
Q2 2016+0.0%-0.1%+6.7%
Q1 2016+3.7%
Q4 2015+6.1%
Q3 2015+7.3%
Q2 2015+1.0%
Q1 2015+2.0%
Q4 2014-1.6%
Q3 2014+6.0%
Q2 2014-1.0%
Q1 2014+2.1%
Q4 2013+2.6%
Q3 2013-0.5%
Q2 2013-0.1%
Q1 2013+0.4%
Q4 2012+6.3%
Q3 2012-2.7%
Q2 2012+3.5%
Q4 2011+3.5%
Q1 2011+10.2%
Q1 2012-0.5%
Q4 2009+4.6%
Q3 2010+14.7%
Q3 2011+14.7%
Q2 2011-11.5%
Q4 2010-11.5%
Q2 2010-11.5%
Q1 2010+6.5%

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