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ABR

Arbor Realty Trust, Inc.

ABR

Arbor Realty Trust, Inc. • NYSE
$8.91 ▼ -1.33% (-0.12)
Market Cap $1.70 B
52w High $14.72
52w Low $8.18
Dividend Yield 1.33%
P/E 11.28
Volume 1.64M
Outstanding Shares 191.25M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $29.652M ▲ $-18.706M ▼ $38.463M ▲ 129.715% ▲ $0.2 ▲ $204.051M ▼
Q2-2025 $27.437M ▼ $41.181M ▼ $34.294M ▼ 124.992% ▲ $0.12 ▼ $234.931M ▲
Q1-2025 $144.918M ▼ $46.036M ▼ $40.78M ▼ 28.14% ▼ $0.16 ▼ $233.726M ▼
Q4-2024 $166.487M ▲ $46.283M ▲ $70.169M ▲ 42.147% ▼ $0.32 ▲ $276.305M ▼
Q3-2024 $158.812M $44.881M $68.517M 43.143% $0.31 $295.73M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $423.384M ▲ $13.887B ▲ $10.772B ▲ $2.997B ▲
Q2-2025 $255.742M ▼ $13.563B ▲ $10.469B ▲ $2.975B ▼
Q1-2025 $308.842M ▼ $13.367B ▼ $10.238B ▼ $3.008B ▼
Q4-2024 $503.898M ▼ $13.491B ▼ $10.339B ▼ $3.024B ▼
Q3-2024 $687.54M $13.881B $10.718B $3.034B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $52.017M ▲ $178.729M ▲ $-205.522M ▲ $226.451M ▲ $199.658M ▲ $178.729M ▲
Q2-2025 $36.308M ▼ $60.049M ▼ $-207.307M ▲ $144.539M ▲ $-2.719M ▲ $60.049M ▼
Q1-2025 $43.382M ▼ $150.548M ▲ $-314.818M ▼ $-146.504M ▲ $-310.774M ▼ $150.548M ▲
Q4-2024 $75.328M ▲ $46.672M ▼ $205.627M ▼ $-459.566M ▼ $-207.267M ▼ $46.672M ▼
Q3-2024 $73.547M $84.957M $228.149M $-401.373M $-88.267M $84.957M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Agency Business Segment
Agency Business Segment
 $30.00M ▲$10.00M ▼$10.00M ▲$50.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Arbor’s income statement shows a business that grew strongly through the pandemic and early 2020s, then hit a softer patch more recently. Revenue and profits stepped up meaningfully from 2020 to 2023, but 2024 shows some cooling, with both top-line and bottom-line easing from the prior year. Even with that dip, profitability remains solid for a mortgage REIT, helped by fee income and structured products, but the trend suggests the company is operating in a tougher lending and rate environment. Overall, it still looks like a profitable platform, just facing more pressure than in its peak years.

Balance Sheet

Balance Sheet The balance sheet reflects a highly levered lending business, which is typical for a mortgage REIT but still an important risk point. Assets and debt both expanded quickly over the last several years as Arbor grew its loan book, then pulled back slightly more recently, which may indicate some balance-sheet caution or slower origination volumes. Equity has been building over time, but at a much slower pace than debt, so leverage remains high. Cash balances are modest relative to total assets, implying a continued dependence on secured funding markets and agency channels to keep the model running smoothly.

Cash Flow

Cash Flow Cash generation from operations has been positive but quite volatile year to year, which is normal for a lender whose flows depend on origination activity, prepayments, and securitizations. There was one standout year with very strong operating cash flow, surrounded by years that are positive but much lighter. Because the business is not capital-intensive in the traditional sense, virtually all operating cash turns into free cash flow, but investors should remember that working capital swings and financing structures can make these figures lumpy and not always directly comparable across years.

Competitive Edge

Competitive Edge Arbor’s competitive position is built around deep specialization in multifamily housing finance, strong relationships with Fannie Mae, Freddie Mac, and FHA, and a sizable servicing portfolio that throws off relatively stable fee income. Its mix of agency lending and higher-yield structured products gives it flexibility to serve many types of borrowers and market conditions. The company also differentiates itself as a “one-stop shop” for multifamily borrowers, with customized structures and a relationship-driven model. The flipside is concentration risk: its fortunes are closely tied to multifamily credit quality, capital markets liquidity, and interest-rate conditions.

Innovation and R&D

Innovation and R&D Innovation at Arbor is less about lab-style R&D and more about technology and product design. The ALEX online platform is a clear differentiator, helping borrowers move from application to closing and servicing through a largely digital, fast, and transparent process. Management appears committed to layering in more AI, data analytics, and cloud tools to improve underwriting speed, risk assessment, and customer experience. Product-wise, Arbor has shown creativity with structures like build-to-rent securitizations and could extend that mindset into green finance and single-family rental solutions. The opportunity is to keep turning these tools into better risk control and stickier client relationships, not just faster volume.

Summary

Arbor Realty Trust looks like a specialized, tech-enabled multifamily lender that has grown rapidly and remained profitable, but now faces a more challenging macro backdrop. The income statement shows a step-down from peak earnings, though results remain respectable. The balance sheet is heavily leveraged, as expected for this business model, and depends on healthy funding markets and agency relationships. Cash flow is positive but uneven, reflecting the nature of a securitization-driven lender rather than a traditional operating company. Its competitive strengths lie in niche focus, agency licenses, servicing scale, and the ALEX platform, while key risks center on leverage, credit conditions, and interest-rate cycles. The long-term story depends on how well Arbor can use its technology and specialized expertise to manage risk and maintain profitability through different parts of the real estate and rate cycle.

NEWS

October 31, 2025 · 8:30 AM UTC

Arbor Realty Trust Reports Third Quarter 2025 Results and Declares Dividend of $0.30 per Share

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October 24, 2025 · 4:15 PM UTC

Arbor Realty Trust Schedules Third Quarter 2025 Earnings Conference Call

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September 29, 2025 · 4:15 PM UTC

Arbor Realty Trust Declares Preferred Stock Dividends

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September 27, 2025 · 8:19 AM UTC

ABR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Arbor Realty Trust, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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