FBRT

Over the past six months, Franklin BSP Realty Trust's stock price has been impacted by several events, including the announcement of third and fourth-quarter 2025 results, a leadership transition, the pricing of a CRE CLO, and the disposal of its largest foreclosure REO asset. The stock price has generally decreased over the last 12 months. In February 2026, the company reported decreased net income and earnings per share and announced a dividend reset, causing the stock to fall. A securities class action lawsuit was filed on behalf of investors. In the first quarter of 2026, FBRT reported GAAP net income of $12.3 million and distributable earnings of $13.5 million, with a core loan portfolio growth to $4.6 billion.