NEW YORK (AP) — NEW YORK (AP) — Franklin BSP Realty Trust, Inc. (FBRT) on Wednesday reported net income of $23.2 million in its second quarter.
On a per-share basis, the New York-based company said it had profit of 19 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 27 cents per share.
The real estate investment trust posted revenue of $49.3 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBRT at https://www.zacks.com/ap/FBRT
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
