Brightspire Capital A Aktie

At the annual meeting BrightSpire Capital shareholders voted to reelect five directors through 2027, to appoint Deloitte & Touche as auditor for 2026, and to approve a second amendment to the 2022 Equity Incentive Plan providing 10 million additional Class A shares and clarifying a cash cap on outside director compensation. The consolidated, non-binding vote on executive pay also received majority support. Details are based on the Form 8-K filed with the SEC. Earlier, the company reported Q1 2026 results that trailed analyst expectations on revenue and EPS. » Plus sur de.investing.com

BrightSpire Capital reported adjusted distributable earnings of $0.14 per share and revenue of $55.6 million for Q1 2026, missing consensus estimates and sending the stock lower in after-hours trading. The company paid a quarterly dividend of $0.16, which exceeded the adjusted earnings, and reported a decline in book value. Positives included net capital deployment of $110 million, the resumption of new lending ($279 million committed in the quarter, primarily multifamily), and the closing of a CLO facility for $955 million. Management expects full dividend coverage by the end of 2026, assuming continued loan growth and successful sales of troubled assets; risks remain from office-market conditions and macroeconomic pressure. » Plus sur de.investing.com

John Westerfield has announced he will resign from BrightSpire Kapital’s supervisory board and will not stand for re-election at the annual general meeting on May 13, 2026. He cites a focus on other professional pursuits and emphasizes there are no differences regarding business operations, strategy, or practices. The announcement was made in a filing with the U.S. securities regulator. » Plus sur de.investing.com

BrightSpire Capital reported a rise in adjusted distributable earnings to $0.18 per share for the second quarter of 2025, while posting a GAAP net loss of $0.19 per share. The dividend remains steady at $0.16 per share, and portfolio quality improved due to lower risk ratings and provisions. Despite a challenging market environment and a significant discount to book value, the company is well positioned with solid liquidity and financing capacity. » Plus sur de.investing.com