Discontinued — last reported Q2 '24
Franklin BSP Realty Trust Repurchase agreements - real estate securities — Interest Expense increased by 39.8% to $3.62M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $3.54M to $3.62M. Over 2 years (FY 2021 to FY 2023), Repurchase agreements - real estate securities — Interest Expense shows an upward trend with a 67.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher financing costs, which can reduce net profitability if not offset by higher asset yields.
This is the total interest expense incurred by the segment, specifically related to the financing of its real estate sec...
Standard interest expense; peers report this as segment-level interest expense on debt.
fbrt_segment_repurchase_agreements_real_estate_securities_interest_expense| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $279.00K | $148.00K | $4.40M | $2.62M | $2.46M | $1.78M | $4.35M | $3.45M | $3.54M | $3.15M | $3.98M | $2.59M | $3.62M |
| QoQ Change | — | -47.0% | >999% | -40.6% | -6.0% | -27.6% | +144.5% | -20.8% | +2.8% | -11.0% | +26.3% | -34.9% | +39.8% |
| YoY Change | — | — | — | — | +781.0% | >999% | -1.2% | +31.7% | +44.1% | +77.1% | -8.5% | -24.9% | +2.2% |