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Franklin BSP Realty Trust FBRT Benefit Street Partners — Servicing asset at fair value, amount

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SPF
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$25.75M+2.4%

Other financials

Income statement

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Revenue$65.3M+32.5%
Net income$15.6M-32.9%
EPS (diluted)$0.12-36.8%

Balance sheet

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Cash & equivalents$136.3M-67.1%
Total debt$9.5M
Total equity$1.4B-7.8%
Total assets$6.4B+13.4%

Cash flow

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Operating cash flow-$54.0M-146%

Valuation

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Market cap$635.3M-28.6%
Enterprise value$508.45M
P/E10.2×+2.0×
P/S2.1×-2.3×

Profitability

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Net margin20.5%-32.9pp

Returns & leverage

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Return on equity4.4%-2.9pp
Debt / equity

Where this comes from

Reported directly by Franklin BSP Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:ServicingAssetAtFairValueAmount.

The source filing: Franklin BSP Realty Trust’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:59 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001562528-26-000024

(1) Represents the bridge book serviced for the Company's affiliates, including $4.6 billion of the $10.9 billion serviced for a wholly owned subsidiary; related revenue is eliminated in consolidation.

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FAQ

What is Franklin BSP Realty Trust's benefit street partners — servicing asset at fair value, amount?
Franklin BSP Realty Trust (FBRT) reported benefit street partners — servicing asset at fair value, amount of $4.6B in Q2 2026.
What does benefit street partners — servicing asset at fair value, amount mean?
This represents the fair market value of the rights to service loans within the Benefit Street Partners segment. These assets are recognized when the company retains the right to service loans it has originated or acquired, providing a recurring stream of fee income. Tracking this value helps investors assess the long-term value of the company's servicing platform and its ability to generate non-interest income.

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