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Franklin BSP Realty Trust FBRT Asset management and subordinated performance fee

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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$642.77M-22.6%
Enterprise value$515.92M
P/E10.3×+2.7×
P/S2.1×-1.9×

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 bsprt:AssetManagementAndSubordinatedPerformanceFees.

The official record: Franklin BSP Realty Trust’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Franklin BSP Realty Trust's asset management and subordinated performance fee?
Franklin BSP Realty Trust (FBRT) reported asset management and subordinated performance fee of $5.97M in Q2 2026.
How has Franklin BSP Realty Trust's asset management and subordinated performance fee changed year-over-year?
Franklin BSP Realty Trust's asset management and subordinated performance fee increased by 7.8% year-over-year, from $5.54M to $5.97M.
What is the long-term trend for Franklin BSP Realty Trust's asset management and subordinated performance fee?
Over 4 years (2021 to 2025), Franklin BSP Realty Trust's asset management and subordinated performance fee has grown at a -3.4% compound annual growth rate (CAGR), from $28.11M to $24.5M.
What does asset management and subordinated performance fee mean?
This represents the fees paid to external managers or internal entities for managing the investment portfolio and achieving specific performance benchmarks. It reflects the cost of professional oversight and the incentive structures tied to investment returns. Monitoring this helps assess the alignment of interests between management and shareholders.