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.
An increase indicates improved operational efficiency or higher margins within the conduit business, while a decrease suggests rising costs or declining revenue generation.
This metric represents the bottom-line profitability of the conduit business segment after accounting for all segment-sp...
Comparable to net income metrics for specific business units or subsidiaries in other commercial real estate finance firms.
fbrt_segment_conduit_net_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | 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 | $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% |