NYSE$ABR

Arbor Realty Trust Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported strong third quarter results driven by successful business execution and a versatile operating platform.

Arbor Realty Trust reported a net income of $82.0 million, or $0.72 per diluted common share, for the third quarter ended September 30, 2020. Core earnings for the quarter were $67.1 million, or $0.50 per diluted common share.

  • Net income for the quarter was $82.0 million, or $0.72 per diluted common share.
  • Core earnings for the quarter was $67.1 million, or $0.50 per diluted common share.
  • Fee-based servicing portfolio totaled $22.56 billion at September 30, 2020, an increase of 4.5% from June 30, 2020.
  • The Board of Directors has declared a quarterly cash dividend of $0.32 per share of common stock for the quarter ended September 30, 2020.

Headline financials

Total Revenue

$128M

Previous: $130M-1.2%
EPS (adj)

$0.72

Previous: $0.36+100.0%
Agency Loan Originations

$1.48B

No prior period
Servicing Portfolio UPB

$22.6B

No prior period
Capital Expenditures

-$131K

Previous: -$207K+36.7%
Free Cash Flow

$97.6M

Previous: $43M+126.9%
Net Income

$97.7M

Previous: $43.2M+126.1%
Operating Income

$81.3M

Previous: $61.7M+31.7%
Gross Profit

$116M

Previous: $115M+0.6%
Cash & Equivalents

$192M

Previous: $135M+42.1%
Total Assets

$6.69B

Previous: $5.4B+24.0%
Stock-Based Comp

$3.49M

Previous: $2.32M+50.5%

Revenue & EPS history

Arbor Realty · Revenue · Quarterly

$128M

Q3 2020-1.2%vs Q3 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Arbor Realty · $81.8M total across 1 segment · Q3 2020

  • Agency Business
    $81.8M

Forward guidance

Arbor continues to be very well positioned to succeed in the current economic climate. Our business model gives us diversified opportunities for growth and has allowed us to outperform in the commercial mortgage REIT space.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+1.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.6%

Avg return

30 days after

71%

46 / 65 earnings

Positive

+14.7%

Q3 2010

Best reaction

-15.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.8%-28.2%
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 2011+14.7%
Q3 2010+14.7%
Q2 2011-11.5%
Q4 2010-11.5%
Q2 2010-11.5%
Q1 2010+6.5%

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