Business Segments · Administrative services expenses

Conduit — Administrative services expenses

Franklin BSP Realty Trust Conduit — Administrative services expenses decreased by 19.9% to $905.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.4%, from $1.23M to $905.00K. Over 3 years (FY 2022 to FY 2025), Conduit — Administrative services expenses shows a downward trend with a -14.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026
Rolls up toG&A

How to read this metric

An increase suggests rising overhead or operational complexity, while a decrease indicates improved cost management or operational efficiencies.

Detailed definition

General and administrative costs incurred to support the conduit segment's operations, excluding direct compensation. Th...

Peer comparison

Standard operating expense category for corporate business segments.

Metric ID: fbrt_segment_conduit_administrative_services_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.66M$1.66M$1.66M$1.66M$1.53M$1.53M$1.53M$1.53M$1.38M$1.06M$1.43M$1.27M$1.23M$949.00K$878.00K$1.13M$905.00K
QoQ Change+0.0%+0.0%+0.0%-7.7%+0.0%+0.0%+0.0%-10.2%-23.3%+35.3%-11.1%-3.1%-22.8%-7.5%+28.7%-19.9%
YoY Change-7.7%-7.7%-7.7%-7.7%-10.2%-31.1%-6.8%-17.2%-10.6%-10.0%-38.5%-10.9%-26.4%
Range$878.00K$1.66M
CAGR-14.1%
Avg YoY Growth-14.8%
Median YoY Growth-10.2%

Frequently Asked Questions

What is Franklin BSP Realty Trust's conduit — administrative services expenses?
Franklin BSP Realty Trust (FBRT) reported conduit — administrative services expenses of $905.00K in Q1 2026.
How has Franklin BSP Realty Trust's conduit — administrative services expenses changed year-over-year?
Franklin BSP Realty Trust's conduit — administrative services expenses decreased by 26.4% year-over-year, from $1.23M to $905.00K.
What is the long-term trend for Franklin BSP Realty Trust's conduit — administrative services expenses?
Over 3 years (2022 to 2025), Franklin BSP Realty Trust's conduit — administrative services expenses has grown at a -14.3% compound annual growth rate (CAGR), from $6.64M to $4.19M.
What does conduit — administrative services expenses mean?
General overhead and administrative costs associated with running the conduit segment.