Franklin BSP Realty Trust Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding remained flat by 0.0% to $89.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $89.75M to $89.75M. Over 4 years (FY 2021 to FY 2025), Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding shows relatively stable performance with a -1.8% CAGR.
The presence of authorized but unissued preferred stock indicates the company's capacity to raise capital through hybrid instruments without needing immediate shareholder approval for new share classes.
This represents the par value of preferred shares that have been authorized but not issued or are currently held in trea...
Many mature technology companies maintain authorized preferred stock as a standard corporate governance provision, even if they rely exclusively on common equity for financing.
equity_convertible_preferred_stock_nonredeemable_or_rede_ce6ccf| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $96.66M | $96.72M | $96.72M | $94.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M | $89.75M |
| QoQ Change | — | +0.1% | +0.0% | -2.0% | -5.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | -2.0% | — | -7.2% | -7.2% | -5.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |