NYSE$BRDG
Bridge Investment Group Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ended June 30, 2022.
Bridge Investment Group Holdings Inc. reported a strong second quarter, highlighted by record distributable earnings and significant growth in assets under management. The company reported total revenue of $99.0 million and net income of $124.4 million, representing increases of 38% and 50% year-over-year, respectively. Distributable Earnings of Bridge Investment Group Holdings LLC was $54.6 million, or $0.32 per share after-tax.
- Reported best quarter for distributable earnings in company history, increasing 14% from Q1 2022.
- Fundraising inflows of $1.5 billion and deployment of $938.2 million.
- Gross assets under management increased to $42.0 billion and fee earning assets under management increased to $15.5 billion, up 46% and 44% respectively, from a year ago.
- Completed the final closing of Debt Strategies Fund IV, which raised $2.9 billion in equity commitments.
Headline financials
Revenue & EPS history
Bridge · Revenue · Quarterly
$99M
Revenue by segment
Bridge · $99M total across 8 segments · Q2 2022
- Fund Management Fees$49.4M—49.9%
- Property Management & Leasing Fees$19.6M—19.8%
- Transaction Fees$17.6M—17.8%
- Fund Administration Fees$3.66M—3.7%
- Insurance Premiums$2.85M—2.9%
- Other Asset Management & Property Income$2.66M—2.7%
- Construction Management Fees$2.43M—2.5%
- Development Fees$793K—0.8%
Forward guidance
No specific forward guidance was given in the provided text.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 4 quarterly earnings reports
-0.4%
Avg return
Earnings day
-3.7%
Avg return
5 days after
-5.6%
Avg return
30 days after
50%
8 / 16 earnings
Positive
+11.0%
Q3 2021
Best reaction
-16.9%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +0.8% | +0.3% | — | |
| Q4 2024 | -3.0% | -0.9% | -5.9% | |
| Q3 2024 | -8.8% | -7.1% | -12.9% | |
| Q2 2024 | +3.4% | +5.0% | +11.6% | |
| Q1 2024 | -0.7% | +3.2% | +4.3% | |
| Q4 2023 | -16.9% | -22.5% | -25.4% | |
| Q3 2023 | +0.2% | — | — | |
| Q2 2023 | -6.0% | — | — | |
| Q1 2023 | +5.3% | — | — | |
| Q4 2022 | +4.1% | — | — | |
| Q3 2022 | -2.9% | — | — | |
| Q2 2022 | +5.8% | — | — | |
| Q1 2022 | -0.5% | — | — | |
| Q4 2021 | +2.8% | — | — | |
| Q3 2021 | +11.0% | — | — | |
| Q2 2021 | -0.5% | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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