Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2025 Results
NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today reported results for the quarter and six months ended June 30, 2025.
Net income attributable to common stockholders per diluted share of common stock was $0.12 for the quarter ended June 30, 2025. Distributable Earnings per diluted share of common stock (a non-GAAP financial measure defined below) was $0.26 for the quarter ended June 30, 2025.
Commenting on second quarter 2025 performance, Stuart Rothstein, Chief Executive Officer and President of the Company, said: "We continue to execute on the business plan laid out for ARI. For the first six months of the year, ARI committed $2.0 billion to new loans as we redeploy capital from repayments and the capital generated from managing towards resolution on ARI's focus assets."
ARI issued a detailed presentation of the Company's quarter ended June 30, 2025 results, which can be viewed at www.apollocref.com.
Conference Call and WebcastThe Company will hold a conference call to review first quarter results on July 30, 2025 at 10am ET. To register for the call, please use the following link:
https://register-conf.media-server.com/register/BId90d356a730f472ab59dd717370b3c5f
After you register, you will receive a dial-in number and unique pin. The Company will also post a link in the Stockholders' section on ARI's website for a live webcast. For those unable to listen to the live call or webcast, there will be a webcast replay link posted in the Stockholders' section on ARI's website approximately two hours after the call.
Distributable Earnings"Distributable Earnings," a non-GAAP financial measure, is defined as net income available to common stockholders, computed in accordance with GAAP, adjusted for (i) equity-based compensation expense (a portion of which may become cash-based upon final vesting and settlement of awards should the holder elect net share settlement to satisfy income tax withholding), (ii) any unrealized gains or losses or other non-cash items (including depreciation and amortization related to real estate owned) included in net income available to common stockholders, (iii) unrealized income from unconsolidated joint ventures, (iv) foreign currency gains (losses), other than (a) realized gains/(losses) related to interest income, and (b) forward point gains/(losses) realized on the Company's foreign currency hedges, and (v) provision for current ...
