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FY'25FY'24FY'23FY'22
Segment Reporting, Other Segment Item, Amount by Business
Agency Business-$44.26M$0
Conduit-$15.09M-30.0%-$11.61M-14,606%$80K+101%-$8.51M
Real Estate Debt and Other Real Estate Investments$6.39M-85.2%$43.25M+51.0%$28.65M-34.6%$43.77M
Real Estate Owned$4.41M$7.65M+934%$740K
Net income/(loss) by Business
Agency Business$12.09M$0
Conduit$10.39M+56.1%$6.66M+163%-$10.61M-493%$2.7M-79.9%
Real Estate Debt and Other Real Estate Investments$78.2M-15.2%$92.26M-40.8%$155.92M+98.2%$78.68M-9.9%
Real Estate Owned-$16.37M-96.4%-$8.34M$2.3M-79.2%
Servicing revenue, net by Business
Agency Business$12.52M$0$0
Conduit$0$0$0
Total Assets by Business
Conduit$192.86M-53.2%$412.09M+38.0%$298.54M-41.7%$511.86M+36.2%
Real Estate Debt and Other Real Estate Investments$19.49B-11.4%$22B+2.1%$21.54B+2.8%$20.94B+46.8%
Real Estate Owned$1.65B+5.3%$1.57B+49.9%$1.05B+62.4%$644.54M+59.7%
Servicing revenue by Business
Real Estate Debt and Other Real Estate Investments$0$0$0
Real Estate Owned$0$0$0
Operating Expenses, Adjusted by Business
Agency Business$13.65M$0
Conduit$6.38M+29.4%$4.93M-8.9%$5.41M+20.8%$4.48M
Real Estate Debt and Other Real Estate Investments$48.76M+18.1%$41.28M-20.8%$52.12M+15.0%$45.32M
Real Estate Owned$31.58M+88.9%$16.72M+322%$3.97M+23,229%$17K
Referral Fee Income by Business
Agency Business$20K$0$0
Conduit$0$0$0
Less: Interest expense by Business
Agency Business$13.9M$0
Conduit$660K-8.5%$721K$1.64M
Real Estate Debt and Other Real Estate Investments$263.9M-21.4%$335.72M$146.49M
Real Estate Owned$8.37M+312%$2.03M$1.19M
Administrative services expenses by Business
Agency Business$609K$0
Conduit$4.19M-18.3%$5.13M-16.4%$6.13M-7.7%$6.64M
Real Estate Debt and Other Real Estate Investments$8.55M+86.6%$4.58M-44.9%$8.31M+32.2%$6.29M
Real Estate Owned$0$0$0$0
Interest Income by Business
Agency Business$12.8M$0
Conduit$6.52M+17.5%$5.55M+147%$2.24M-67.7%$6.96M
Real Estate Debt and Other Real Estate Investments$405.8M-21.9%$519.34M-5.1%$547.44M+70.8%$320.55M
Real Estate Owned$3.81M+222%$1.18M-58.2%$2.82M$0
Compensation and benefits by Business
Agency Business$53.74M$0$0
Conduit$0$0$0
Real Estate Debt and Other Real Estate Investments$0$0$0
Real Estate Owned$0$0$0
D&A by Business
Agency Business$4.17M$0
Conduit$0$0$0$0
Real Estate Debt and Other Real Estate Investments$0$0$0$0
Real Estate Owned$5.43M-3.6%$5.63M-21.0%$7.13M+31.8%$5.41M
Mortgage servicing rights by Business
Agency Business$28.57M$0$0
Conduit$0$0$0
Real Estate Debt and Other Real Estate Investments$0$0$0
Real Estate Owned$0$0$0
Percentage by Product
Affordable1%
Benefit Street Partners0%
Bridge2%
Ginnie Mae11%
Private Label52%
Effective Earnings Rate by Product
Affordable0.1%
Benefit Street Partners0%
Bridge0.1%
Fannie Mae0.2%
Freddie Mac0.1%
Ginnie Mae0.2%
Private Label0%
Real estate owned, gross by Geography
Jeffersonville, GA$337.04M0.0%$337.04M0.0%$337.04M
Portland, OR$65.92M0.0%$65.92M
Real Estate Owned, Held For Investment, Net by Geography
Jeffersonville, GA$326.82M-2.7%$336.02M
Portland, OR$73.77M-0.3%$73.99M
Par Value by Geography
Far West$813.41M+36.5%$595.88M-2.2%$609.1M
Great Lakes$422.51M-33.8%$638.22M-1.7%$649.44M
Mideast$1.4B+4.5%$1.34B-32.8%$1.99B
New England$654.52M+9.7%$596.74M
Rocky Mountain$172.31M-65.6%$500.45M
Southeast$7.67B-3.6%$7.96B-3.7%$8.26B
Southwest$6.18B-22.8%$8B+9.3%$7.32B+1.7%$7.2B
Various$891.72M$274.49M
Percentage by Geography
Far West5.4%
Southeast44.4%100%
Real Estate Owned, Accumulated Depreciation by Geography
Jeffersonville, GA$35.68M+34.8%$26.47M+53.3%$17.26M
Portland, OR$405K+118%$186K

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Questions, answered.

How does Franklin BSP Realty Trust break its business down?
Franklin BSP Realty Trust (FBRT) reports segment reporting, other segment item, amount by business across 4 parts — Agency Business, Conduit, Real Estate Debt and Other Real Estate Investments and Real Estate Owned. Each is extracted from the segment footnotes and tracked over time.
Where does Franklin BSP Realty Trust's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Franklin BSP Realty Trust's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.