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ABR-PF

Arbor Realty Trust, Inc.

ABR-PF

Arbor Realty Trust, Inc. • NYSE
$22.19 ▼ -0.72% (-0.16)
Market Cap $4.27 B
52w High $23.30
52w Low $19.90
Dividend Yield 1.56%
P/E 10.51
Volume 33.73K
Outstanding Shares 106.62M

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 Q2-2024Q3-2024Q4-2024Q2-2025
Agency Business Segment
Agency Business Segment
 $10.00M ▲$10.00M ▲$40.00M ▲$50.00M ▲
Structured Transaction Business Segment
Structured Transaction Business Segment
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Arbor Realty Trust has generally grown its earnings over the past several years, with revenue and profits moving up meaningfully from earlier levels. However, results appear to have cooled a bit in the most recent year, with profit per share slipping from its recent peak while still remaining clearly stronger than a few years ago. Overall, the pattern suggests a profitable lender that has benefited from past growth in its lending and servicing businesses, but is now facing a more challenging environment where maintaining prior momentum is harder.

Balance Sheet

Balance Sheet The balance sheet shows a business that has expanded significantly over time but also carries substantial leverage, which is typical for a mortgage REIT. Total assets grew quickly and then pulled back somewhat, indicating a period of balance-sheet growth followed by some pruning or normalization. Debt remains high relative to equity, reflecting a reliance on borrowing to fund loans, while equity has steadily built up, which helps provide a capital cushion. Cash levels are modest but better than in earlier years, suggesting some improvement in liquidity, though the company still depends heavily on capital markets and secured financing structures.

Cash Flow

Cash Flow Cash generation has been positive overall but quite uneven from year to year, which is normal for a lender that depends on loan originations, repayments, and securitizations. There was a standout year with very strong operating cash flow, followed by weaker but still positive years, and then an improvement again most recently. With essentially no spending on physical assets, operating cash flow closely mirrors free cash flow, so the key watchpoint is the volatility: the business can throw off solid cash in good conditions but may see swings depending on loan activity and funding markets.

Competitive Edge

Competitive Edge Arbor’s competitive position is built around its focus on multifamily housing finance and its dual model of short‑term bridge lending and longer‑term agency lending and servicing. The servicing portfolio provides relatively steady, fee‑based income, which can help offset the more cyclical and credit‑sensitive bridge loan business. Its specialization, long relationships in the multifamily space, and experience managing complex loan structures give it a defensible niche. At the same time, it competes in a crowded field of banks, non‑bank lenders, and other mortgage REITs, and remains exposed to credit conditions, liquidity in securitization markets, and the overall health of commercial real estate.

Innovation and R&D

Innovation and R&D Innovation is a clear part of Arbor’s story. The ALEX online platform simplifies and speeds up the loan process for borrowers and intermediaries, reducing paperwork and giving clients more visibility into their transactions. The firm has also leaned into cloud tools and data‑driven systems to improve underwriting, monitoring, and servicing efficiency. Strategically, its early move into build‑to‑rent financing and related securitizations shows a willingness to target emerging niches, not just traditional multifamily loans. The main question going forward is how effectively it can keep advancing its technology and analytics while using them to manage credit risk in more stressed real estate markets.

Summary

Arbor Realty Trust looks like a specialized, profit‑generating mortgage REIT with a meaningful focus on multifamily lending and servicing. Earnings have improved noticeably over the medium term but show some recent softening, which fits with a tougher backdrop for real estate and interest‑rate‑sensitive businesses. The company operates with high leverage and a large loan book, which can amplify both returns and risk, and its cash flows are lumpy rather than smooth. Its competitive edge comes from sector focus, a diversified income mix between bridge and agency businesses, a sizable servicing platform, and proprietary technology such as ALEX. Future performance will depend heavily on how well it navigates credit quality in its riskier loans, funding conditions, and the broader interest rate and multifamily real estate environment, while continuing to use innovation to improve efficiency and risk control.