Arbor Realty Trust, Inc. (ABR), on Friday reported a decline in net income for the second quarter of 2025, compared to the same quarter prior year.
The real estate investment trust's net income attributable to common stockholders fell to $23.952 million from $47.397 million in the same quarter last year.
Earnings per share decreased to $0.12 from $0.25 last year.
Interest income for the period declined to $240.303 million from $297.188 million a year earlier.
Interest expenses were $171.578 million, down from $209.227 million last year.
Net interest income was $68.725 million, compared to $87.961 million in the previous year.
The Board declared a cash dividend of $0.30 per share for the quarter ended June 30, 2025, payable on August 29, 2025, to common stockholders on record August 15, 2025.
Shares are currently trading 1.61% or $0.18 higher at $11.34
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