Business Segments · Net income/(loss)

Conduit — Net income/(loss)

Franklin BSP Realty Trust Conduit — Net income/(loss) decreased by 29.9% to $4.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.0%, from $2.84M to $4.20M. Over 4 years (FY 2021 to FY 2025), Conduit — Net income/(loss) shows a downward trend with a -6.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
Rolls up toNet Income

How to read this metric

An increase indicates improved operational efficiency or higher margins within the conduit business, while a decrease suggests rising costs or declining revenue generation.

Detailed definition

This metric represents the bottom-line profitability of the conduit business segment after accounting for all segment-sp...

Peer comparison

Comparable to net income metrics for specific business units or subsidiaries in other commercial real estate finance firms.

Metric ID: fbrt_segment_conduit_net_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.91M$3.98M$0.00-$107.00K-$5.00K$2.11M$707.00K-$3.31M-$7.38M$82.00K$0.00$4.29M-$158.00K$2.52M$0.00$2.84M-$753.00K$2.31M$6.00M$4.20M
QoQ Change+108.5%-100.0%+95.3%>999%-66.4%-568.7%-122.6%+101.1%-100.0%-103.7%>999%-100.0%-126.5%+406.2%+160.0%-29.9%
YoY Change-100.3%-47.1%<-999%<-999%-96.1%-100.0%+229.5%+97.9%>999%-33.8%-376.6%-8.6%+48.0%
Range-$7.38M$6.00M
CAGR+18.1%
Avg YoY Growth<-999%
Median YoY Growth-47.1%

Frequently Asked Questions

What is Franklin BSP Realty Trust's conduit — net income/(loss)?
Franklin BSP Realty Trust (FBRT) reported conduit — net income/(loss) of $4.20M in Q1 2026.
How has Franklin BSP Realty Trust's conduit — net income/(loss) changed year-over-year?
Franklin BSP Realty Trust's conduit — net income/(loss) increased by 48.0% year-over-year, from $2.84M to $4.20M.
What is the long-term trend for Franklin BSP Realty Trust's conduit — net income/(loss)?
Over 4 years (2021 to 2025), Franklin BSP Realty Trust's conduit — net income/(loss) has grown at a -6.2% compound annual growth rate (CAGR), from $13.43M to $10.39M.
What does conduit — net income/(loss) mean?
The total profit or loss generated by the conduit business segment after all related expenses.