VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
FBRTFranklin BSP Realty Trust, Inc.
$8.43$649M
Research
Overview
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

FBRT logoFranklin BSP Realty Trust, Inc.(FBRT)Earnings, Financials & Key Ratios

FBRT•NYSE•REIT / Real Estate
13.2× P/E·Price updated Jun 19, 2026
SectorReal EstateIndustryMortgage REITsSub-IndustryCommercial mortgage loan REITs
AboutFranklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.Show more
  • Revenue$0-100.0%
  • FFO$92M+23.3%
  • FFO/Share1.07+17.1%
  • FFO Payout158.47%-18.5%
  • FFO per Share1.07+17.1%
  • ROE5.39%+21.6%
  • ROA1.36%+18.4%

FBRT Key Insights

Franklin BSP Realty Trust, Inc. (FBRT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓FFO growing 33.2% TTM
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.8x
  • ✗Dividend exceeds FFO - may not be sustainable
  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when FBRT posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

FBRT Price & Volume

Franklin BSP Realty Trust, Inc. (FBRT) stock price & volume — 10-year historical chart

Loading chart...

FBRT Growth Metrics

Franklin BSP Realty Trust, Inc. (FBRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-1.64%

Profit CAGR

10 Years12.68%
5 Years8.49%
3 Years78.64%
TTM25.82%

EPS CAGR

10 Years1.34%
5 Years-6.59%
3 Years-
TTM-23.88%

Return on Capital

10 Years2.27%
5 Years2.25%
3 Years2.1%
Last Year1.53%

FBRT Recent Earnings

Franklin BSP Realty Trust, Inc. (FBRT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.22+0.0%
$0.22
Rev
$74M+1.8%
$73M
Q1 2026
Feb 11, 2026
Metric
Actual
Est
EPS
$0.12-53.8%
$0.26
Rev
$81M-13.4%
$94M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.22-25.4%
$0.29
Rev
$90M+10.0%
$81M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.27-12.9%
$0.31
Rev
$120M+46.8%
$81M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.22vs $0.22+0.0%
$74Mvs $73M+1.8%
Q1 2026Feb 11, 2026
$0.12vs $0.26-53.8%
$81Mvs $94M-13.4%
Q4 2025Oct 29, 2025
$0.22vs $0.29-25.4%
$90Mvs $81M+10.0%
Q3 2025Jul 30, 2025
$0.27vs $0.31-12.9%
$120Mvs $81M+46.8%
Based on last 12 quarters of dataView full earnings history →

FBRT Peer Comparison

Franklin BSP Realty Trust, Inc. (FBRT) competitors in Commercial mortgage loan REITs — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
BXMT logoBXMTBlackstone Mortgage Trust, Inc.Direct Competitor3.05B18.0928.27-13.96%6.75%2.93%4.61
RC logoRCReady Capital CorporationDirect Competitor289.13M1.75-1.2217.26%-290.69%-29.57%3.55
GPMT logoGPMTGranite Point Mortgage Trust Inc.Direct Competitor63.25M1.32-1.14187.77%-30.49%-7.1%2.12
TRTX logoTRTXTPG RE Finance Trust, Inc.Direct Competitor664.85M8.6015.09123.25%23.2%5.7%3.08
ARI logoARIApollo Commercial Real Estate Finance, Inc.Direct Competitor1.44B10.8313.371.28%17.9%6.88%4.27
KREF logoKREFKKR Real Estate Finance Trust Inc.Direct Competitor453.96M7.06-6.72-22.72%-23.56%-8.4%3.83
ACRE logoACREAres Commercial Real Estate CorporationDirect Competitor256.32M4.62-281.71-2.79%-24.91%-3.88%2.06
LADR logoLADRLadder Capital CorpProduct Competitor1.3B10.2020-23.26%16.52%4.29%2.37

Compare FBRT vs Peers

Franklin BSP Realty Trust, Inc. (FBRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BXMT

Most directly comparable listed peer for FBRT.

Scale Benchmark

vs BX

Larger-name benchmark to compare FBRT against a more recognizable public peer.

Peer Set

Compare Top 5

vs BXMT, RC, GPMT, TRTX

FBRT Income Statement

Franklin BSP Realty Trust, Inc. (FBRT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue
89.56M152.29M198.47M184.17M221.65M367.36M569.53M548.92M0401.09M
Revenue Growth %
12.8%70.03%30.32%-7.2%20.35%65.74%55.03%-3.62%-100%-1.64%
Property Operating Expenses
32.36M70M93.22M70.21M60.84M165.71M305.58M338.47M0160.78M
Net Operating Income (NOI)
57.2M▲ 0%
82.29M▲ 43.8%
105.25M▲ 27.9%
113.96M▲ 8.3%
160.81M▲ 41.1%
201.65M▲ 25.4%
263.95M▲ 30.9%
210.45M▼ 20.3%
0▼ 100.0%
320.42M▲ 0%
NOI Margin %
63.87%54.03%53.03%61.88%72.55%54.89%46.35%38.34%-79.89%
Operating Expenses
20.77M35.43M47.73M54.79M44.33M105.69M109.18M50.17M-87.97M92.47M
G&A Expenses
21.48M32.06M44.22M39.26M47.42M64.17M68.32M58.35M129.91M153.24M
EBITDA
65.01M89.24M76.02M61.4M206.57M182.29M163.18M121.04M97.56M159.48M
EBITDA Margin %
72.58%58.6%38.3%33.34%93.2%49.62%28.65%22.05%-39.76%
Depreciation & Amortization
28.57M42.38M53.17M2.23M41.61M129.98M8.41M5.63M9.59M11.63M
D&A / Revenue %
31.9%27.83%26.79%1.21%18.77%35.38%1.48%1.03%-2.9%
Operating Income
36.44M▲ 0%
46.85M▲ 28.6%
22.85M▼ 51.2%
59.17M▲ 159.0%
164.96M▲ 178.8%
52.31M▼ 68.3%
154.77M▲ 195.9%
115.41M▼ 25.4%
87.97M▼ 23.8%
147.85M▲ 0%
Operating Margin %
40.68%30.77%11.51%32.13%74.43%14.24%27.17%21.03%-36.86%
Interest Expense
32.36M70M90.42M66.56M60.84M165.71M305.58M338.47M02M
Interest Coverage
1.13x0.67x0.64x0.89x1.99x0.61x0.51x1.28x--
Non-Operating Income
-7.5M-80.94M-7.27M057.31M-82.96M002.95M22.15M
Pretax Income
34M▲ 0%
52.9M▲ 55.6%
88.41M▲ 67.1%
52.68M▼ 40.4%
29.3M▼ 44.4%
13.82M▼ 52.8%
141.75M▲ 926.0%
93.52M▼ 34.0%
87.97M▼ 5.9%
76.83M▲ 0%
Pretax Margin %
37.97%34.74%44.54%28.61%13.22%3.76%24.89%17.04%-19.16%
Income Tax
225K79K4.48M-2.06M3.6M-399K-2.76M1.12M3.88M4.16M
Effective Tax Rate %
0.66%0.15%5.07%-3.91%12.28%-2.89%-1.94%1.2%4.42%5.41%
Net Income
33.78M▲ 0%
52.83M▲ 56.4%
83.92M▲ 58.9%
54.75M▼ 34.8%
25.7M▼ 53.1%
14.43M▼ 43.9%
145.22M▲ 906.3%
68.89M▼ 52.6%
82.27M▲ 19.4%
71.75M▲ 0%
Net Margin %
37.71%34.69%42.29%29.73%11.6%3.93%25.5%12.55%-17.89%
Net Income Growth %
12.63%56.38%58.87%-34.77%-53.05%-43.85%906.27%-52.56%19.43%25.82%
Funds From Operations (FFO)
62.35M▲ 0%
95.21M▲ 52.7%
137.1M▲ 44.0%
56.98M▼ 58.4%
67.31M▲ 18.1%
144.41M▲ 114.5%
153.63M▲ 6.4%
74.52M▼ 51.5%
91.86M▲ 23.3%
83.38M▲ 0%
FFO Margin %
69.62%62.52%69.08%30.94%30.37%39.31%26.97%13.57%-20.79%
FFO Growth %
15.42%52.7%44%-58.44%18.14%114.53%6.38%-51.5%23.28%2379.03%
FFO per Share
0.701.071.540.640.772.021.870.911.071.04
FFO Payout Ratio %
62.27%38.81%44.21%87.38%100.95%96.54%93.96%194.47%158.47%131.14%
EPS (Diluted)
0.76▲ 0%
1.11▲ 46.1%
1.50▲ 35.1%
0.90▼ 40.0%
-0.18▼ 120.0%
-0.38▼ 111.1%
1.42▲ 473.7%
0.82▼ 42.3%
0.64▼ 22.0%
0.90▲ 0%
EPS Growth %
13.43%46.05%35.14%-40%-120%-111.11%473.68%-42.25%-21.95%-23.88%
EPS (Basic)
0.761.111.500.90-0.18-0.381.420.820.65-
Diluted Shares Outstanding
88.99M88.99M88.99M88.8M86.87M71.63M82.31M81.85M86.19M79.93M

FBRT Balance Sheet

Franklin BSP Realty Trust, Inc. (FBRT) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets
1.58B2.61B3.54B3.19B9.47B6.2B5.96B6B6.06B6.3B
Asset Growth %
26.88%64.56%35.86%-9.91%197.03%-34.52%-4%0.79%0.91%0.32%
Real Estate & Other Assets
-1.58B-2.61B44.33M37.59M106.15M180.48M238.7M353.58M354.57M347.35M
PP&E (Net)
005.98M0000000
Investment Securities
01000K1000K1000K01000K1000K1000K1000K1000K
Total Current Assets
1.58B2.58B3.09B2.97B9.32B5.75B5.43B5.39B5.04B5.24B
Cash & Equivalents
83.71M191.39M87.25M82.07M154.93M179.31M337.6M184.44M167.29M115.6M
Receivables
1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets
3.99M016.55M1.53M56.44M11.17M6.09M12.42M17.89M20.84M
Intangible Assets
000000039.83M327.77M324.9M
Total Liabilities
973.32M1.87B2.72B2.39B7.76B4.63B4.37B4.48B4.53B4.82B
Total Debt
956.57M1.71B2.49B2.15B7.57B4.45B4.18B4.31B4.25B4.58B
Net Debt
872.86M1.52B2.4B2.07B7.42B4.27B3.85B4.13B4.08B4.46B
Long-Term Debt
851.85M1.52B2.08B1.96B3.39B4B4.01B4.08B4.06B4.37B
Short-Term Borrowings
39.03M44.54M394.36M186.83M4.18B440.01M174.06M236.61M187.37M212.17M
Capital Lease Obligations
006.14M006.43M0000
Total Current Liabilities
55.43M61.12M421.94M219.28M4.24B522.14M270.52M315.53M273.36M283.59M
Accounts Payable
4.51M4.5M10.93M5.13M12.71M17.67M13.34M14.44M18.89M20.31M
Deferred Revenue
973.32M1.73B150K0000000
Other Liabilities
-784.11M296.55M210.69M209.66M128.95M94.81M89.75M90.46M189.5M169.26M
Total Equity
1.48B▲ 0%
2.24B▲ 51.7%
816.8M▼ 63.5%
798.44M▼ 2.2%
1.71B▲ 114.3%
1.58B▼ 7.8%
1.59B▲ 0.5%
1.52B▼ 4.2%
1.53B▲ 0.8%
1.48B▲ 0%
Equity Growth %
32.5%51.71%-63.5%-2.25%114.34%-7.77%0.5%-4.17%0.75%-1.31%
Shareholders Equity
610.34M733.23M816.8M798.44M1.71B1.56B1.56B1.51B1.44B1.39B
Minority Interest
864.87M1.5B005.76M15.41M27.09M7.5M89.95M88.58M
Common Stock
320K395K441K446K441K826K820K818K808K755K
Additional Paid-in Capital
704.1M827.56M903.31M912.73M903.26M1.6B1.6B1.6B1.59B1.55B
Retained Earnings
-94.08M-94.27M-85.97M-106.47M-167.18M-299.23M-298.94M-348.07M-411.1M-420.74M
Preferred Stock
0145.79M209.11M0969.17M258.74M258.74M258.74M258.74M258.74M
Return on Assets (ROA)
2.39%2.52%2.73%1.63%0.41%0.18%2.39%1.15%1.36%1.19%
Return on Equity (ROE)
2.61%2.85%5.49%6.78%2.05%0.88%9.18%4.44%5.39%4.73%
Debt / Assets
60.4%65.58%70.2%67.38%79.91%71.7%70.24%71.85%70.17%72.69%
Debt / Equity
0.65x0.76x3.04x2.69x4.42x2.82x2.64x2.84x2.78x3.09x
Net Debt / EBITDA
13.43x17.01x31.54x33.66x35.90x23.42x23.56x34.11x41.85x28.00x
Book Value per Share
16.5825.159.188.9919.7022.0419.2718.5717.7718.52

FBRT Cash Flow Statement

Franklin BSP Realty Trust, Inc. (FBRT) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
8.35M7.1M45.37M115.33M146.5M152.51M197.39M57.23M291.94M121.69M
Operating CF Growth %
-76.15%-15.03%539.18%154.21%27.02%4.11%29.42%-71%410.09%785.39%
Operating CF / Revenue %
9.33%4.66%22.86%62.62%66.09%41.52%34.66%10.43%-30.34%
Net Income
33.78M52.83M83.92M54.75M25.7M14.21M145.22M92.4M82.27M71.75M
Depreciation & Amortization
2.1M8.11M3.44M2.23M2.11M5.33M7.13M5.63M04.15M
Stock-Based Compensation
97K157K156K193K211K2.52M4.76M8.17M9.12M9.28M
Other Non-Cash Items
-23.53M-41.82M-43.85M41.75M2.79M124.95M42.56M-51.61M189.66M37.97M
Working Capital Changes
-1.29M-8.92M5.14M-2.92M102.56M5.5M-2.27M2.63M10.89M-1.38M
Cash from Investing
-332.76M-855.81M-969.24M240.69M1.07B3.1B380.81M-155.47M380.81M-152.25M
Acquisitions (Net)
0000174.08M0000-297.31M
Purchase of Investments
-592K-40.31M-368.58M-149.39M-2.88B-221.79M-223.77M-79.5M0-679.09M
Sale of Investments
49.89M12.46M9.37M346.2M2.06B3.73B0154.48M0152.34M
Other Investing
-382.05M-827.96M-610.03M43.88M-1.17B-411.99M604.58M-230.45M380.81M671.81M
Cash from Financing
290.07M961.43M828.58M-373M-1.14B-3.23B-424.99M-48.58M-684.43M-57.1M
Dividends Paid
-38.83M-36.95M-60.61M-49.79M-67.95M-139.41M-144.35M-144.91M-145.58M-109.34M
Common Dividends
-38.83M-36.95M-60.61M-49.79M-67.95M-139.41M-144.35M-144.91M-145.58M-109.34M
Debt Issuance (Net)
1000K1000K1000K-1000K-1000K-1000K-1000K1000K-1000K0
Share Repurchases
-20.55M-15.09M-13.81M-10.26M-11.42M-16.58M-12.51M-4.87M-14.37M-51.8M
Other Financing
-11.96M000-9.52M64.63M-3.07M-17.63M-9.68M-129.12M
Net Change in Cash
-34.34M▲ 0%
112.71M▲ 428.2%
-95.3M▼ 184.5%
-16.98M▲ 82.2%
76.06M▲ 547.9%
22.29M▼ 70.7%
153.2M▲ 587.4%
-146.82M▼ 195.8%
-11.68M▲ 92.0%
-87.66M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
118.05M91.71M204.42M109.12M92.14M168.2M190.49M343.69M196.86M185.18M
Cash at End
83.71M204.42M109.12M92.14M168.2M190.49M343.69M196.86M185.18M136.44M
Free Cash Flow
8.35M▲ 0%
7.1M▼ 15.0%
45.37M▲ 539.2%
115.33M▲ 154.2%
3.03B▲ 2525.4%
151.85M▼ 95.0%
197.39M▲ 30.0%
57.23M▼ 71.0%
291.94M▲ 410.1%
121.33M▲ 0%
FCF Growth %
-76.15%-15.03%539.18%154.21%2525.35%-94.98%29.99%-71%410.09%-24.41%
FCF / Revenue %
9.33%4.66%22.86%62.62%1366.09%41.34%34.66%10.43%-30.25%

FBRT Key Ratios

Franklin BSP Realty Trust, Inc. (FBRT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
FFO per Share
0.71.071.540.640.772.021.870.911.071.04
FFO Payout Ratio
62.27%38.81%44.21%87.38%100.95%96.54%93.96%194.47%158.47%131.14%
NOI Margin
63.87%54.03%53.03%61.88%72.55%54.89%46.35%38.34%-79.89%
Net Debt / EBITDA
13.43x17.01x31.54x33.66x35.90x23.42x23.56x34.11x41.85x28.00x
Debt / Assets
60.4%65.58%70.2%67.38%79.91%71.7%70.24%71.85%70.17%72.69%
Interest Coverage
1.13x0.67x0.64x0.89x1.99x0.61x0.51x1.28x--
Book Value / Share
16.5825.159.188.9919.722.0419.2718.5717.7718.52
Revenue Growth
12.8%70.03%30.32%-7.2%20.35%65.74%55.03%-3.62%-100%-1.64%
Related:FBRT Dividend History·FBRT Revenue History·FBRT Price History·FBRT P/E History·FBRT Financial Ratios·FBRT Institutional Holders

FBRT SEC Filings & Documents

Franklin BSP Realty Trust, Inc. (FBRT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 20, 2026·SEC

Material company update

Feb 11, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Jul 30, 2025·SEC

FBRT Frequently Asked Questions

Franklin BSP Realty Trust, Inc. (FBRT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Franklin BSP Realty Trust, Inc. (FBRT) reported $401.1M in revenue for fiscal year 2025.

Franklin BSP Realty Trust, Inc. (FBRT) saw revenue decline by 100.0% over the past year.

Yes, Franklin BSP Realty Trust, Inc. (FBRT) is profitable, generating $71.7M in net income for fiscal year 2025 (17.9% net margin).

Dividend & Returns

Yes, Franklin BSP Realty Trust, Inc. (FBRT) pays a dividend with a yield of 20.04%. This makes it attractive for income-focused investors.

Franklin BSP Realty Trust, Inc. (FBRT) has a return on equity (ROE) of 5.4%. This is below average, suggesting room for improvement.

Industry Metrics

Franklin BSP Realty Trust, Inc. (FBRT) generated Funds From Operations (FFO) of $83.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Franklin BSP Realty Trust, Inc. (FBRT) offers a 20.04% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in FBRT back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →

How much would $100/month in FBRT be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →