Stocks Real estate FBRT
NYSE · Real estateFranklin BSP Realty Trust, Inc. (FBRT)
Franklin BSP Realty Trust, Inc. brought in $290.8M of revenue over the twelve months to September 30, 2026, up 12.5% from a year earlier. Net income was $18.6M, a net margin of 6.4%. At September 30, 2026 it held $100.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about Franklin BSP Realty Trust, Inc.
- Net worth
- Franklin BSP Realty Trust, Inc. has a market value (market cap) of $531.5M at the latest share price, and shareholders' equity of $1.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $270.1M (+20.9% year on year), with net income of $82.3M. Over the 12 months to September 30, 2026: revenue $290.8M, net income $18.6M.
- Cash flow
- In fiscal 2025 operations brought in $291.9M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Franklin BSP Realty Trust, Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Franklin BSP Realty Trust, Inc. declared dividends of $1.42 per share in fiscal 2025, a yield of 22.19% at the current price.
What Franklin BSP Realty Trust, Inc. does
Franklin BSP Realty Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker FBRT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $270.1M | $82.3M | $0.64 | n/a |
| 2024 | $223.4M | $95.9M | $0.82 | n/a |
| 2023 | $268.7M | $145.2M | $1.42 | n/a |
| 2022 | $206.8M | $14.4M | -$0.38 | n/a |
| 2021 | $165.5M | $25.7M | -$0.18 | n/a |
| 2020 | $117.6M | $54.7M | $0.90 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FBRT ranks in Real estate
Dividends
Franklin BSP Realty Trust, Inc. declared $1.42 per share in fiscal 2025. At the current price that is a yield of 22.19%. It paid out $145.6M in cash dividends, 177% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.42 | $145.6M | 177% |
| 2024 | $1.42 | $144.9M | 151% |
| 2023 | $1.42 | $144.3M | 99% |
| 2022 | $1.42 | $139.4M | 966% |
| 2021 | $1.26 | $68M | 264% |
| 2020 | $1.30 | $49.8M | 91% |
Latest SEC filings
What Franklin BSP Realty Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- October 28, 2026
- October 28, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 16% to $74.9M versus the same quarter last year; diluted EPS -$0.41 versus $0.12.
- October 5, 2026Passive stake changed SCHEDULE 13G/A
- September 17, 2026Executive or director change8-KFranklin BSP Realty Trust reappointed Chairman Richard Byrne as Chief Executive Officer following the resignation of Michael Comparato.
- July 29, 2026
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 32% to $65.3M versus the same quarter last year; diluted EPS $0.12 versus $0.19.
- June 9, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 29, 2026
Insider trades
What the people running Franklin BSP Realty Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $1M worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Byrne Richard JChairman and CEO, Director | Boughtindirect | 162,600 | $998.4K |
| November 3, 2026 | Ortale Buford HDirector | Bought | 1,046 | $18K |
| November 2, 2026 | Ortale Buford HDirector | Bought | 871 | $5.2K |
| November 2, 2026 | Ortale Buford HDirector | Bought | 147 | $2.5K |
| June 15, 2026 | Ortale Buford HDirector | Boughtindirect | 25,900 | $218.6K |
| June 15, 2026 | Ortale Buford HDirector | Boughtindirect | 3,697 | $73K |
| June 8, 2026 | Augustine Patsy JosephDirector | Received as pay | 12,835 | - |
| June 8, 2026 | Tuppeny Elizabeth K.Director | Received as pay | 12,835 | - |
Who owns FBRT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 5.15% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 243 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 13,002,861 | -118,999 |
| Vanguard Capital Management LLC | 3,429,239 | -131,370 |
| State Street Corp | 3,241,000 | +31,461 |
| Geode Capital Management, LLC | 2,070,316 | +28,458 |
| Invesco Ltd. | 1,850,367 | +110,905 |
| Gratia Capital, LLC | 1,769,370 | -509,330 |
| Franklin Resources Inc | 1,500,096 | -290 |
| UBS Group AG | 1,346,899 | +143,219 |
| Vanguard Portfolio Management LLC | 1,279,728 | -1,503,122 |
| Charles Schwab Investment Management Inc | 1,110,467 | -107,273 |
| Morgan Stanley | 1,033,650 | +171,612 |
| Nuveen, LLC | 825,882 | +659,750 |
| Northern Trust Corp | 808,521 | -21,824 |
| Waterfall Asset Management, LLC | 758,000 | new |
| Van Eck Associates Corp | 706,061 | -116,193 |
| Bank of New York Mellon Corp | 624,976 | -9,411 |
| Gabelli Funds LLC | 575,919 | +19,667 |
| Vanguard Fiduciary Trust Co | 512,429 | -20,841 |
| Goldman Sachs Group Inc | 505,646 | +239,923 |
| Mariner, LLC | 466,282 | -14,834 |
Insiders
9 insiders reported holding 2,031,216 shares in total, about $12.9M at the last price.
| Holder | Shares |
|---|---|
| Byrne Richard JChairman and CEO, Director | 639,325162,600 held indirectly |
| Comparato MichaelPresident | 509,871 |
| Baglien Jerome S.CFO and COO | 310,014 |
| Buffone BrianPresident | 243,081 |
| Ortale Buford HDirector | 118,91848,497 held indirectly |
| Tuppeny Elizabeth K.Director | 62,742 |
| McDonough Peter JDirector | 58,761 |
| Augustine Patsy JosephDirector | 49,062 |
| Dumars JoeDirector | 39,442 |
Questions about FBRT
What does Franklin BSP Realty Trust, Inc. do?
Franklin BSP Realty Trust, Inc. is a company in the Real estate sector, listed on NYSE as FBRT. Its shares trade on NYSE under the ticker FBRT.
What is Franklin BSP Realty Trust, Inc.'s net worth?
Franklin BSP Realty Trust, Inc. has a market value (market cap) of $531.5M at the latest share price, and shareholders' equity of $1.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Franklin BSP Realty Trust, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $18.6M on revenue of $290.8M, a net margin of 6.4%.
How much revenue does Franklin BSP Realty Trust, Inc. make?
Over the twelve months to September 30, 2026 Franklin BSP Realty Trust, Inc. reported revenue of $290.8M. That is 12.5% more than a year earlier.
When did Franklin BSP Realty Trust, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 5, 2026.
When is Franklin BSP Realty Trust, Inc.'s next earnings report?
Franklin BSP Realty Trust, Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Franklin BSP Realty Trust, Inc. pay a dividend?
Yes. Franklin BSP Realty Trust, Inc. declared dividends of $1.42 per share in fiscal 2025, a yield of 22.19% at the current price.
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Where the numbers come from
Financial figures are the values Franklin BSP Realty Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.