-+ 0.00%
-+ 0.00%
-+ 0.00%

BrightSpire Q2 FY26 net loss widens to $18.33 million; interest income rises 5.2% to $52.08 million

PUBT·07/29/2026 20:24:31
Listen to the news
BrightSpire Q2 FY26 net loss widens to $18.33 million; interest income rises 5.2% to $52.08 million
  • BrightSpire Capital posted a GAAP net loss of USD 18.3 million, or USD 0.15 per share, for the quarter ended June 30, 2026.
  • Non-GAAP Distributable Earnings were USD 15.8 million, or USD 0.12 per share; Adjusted Distributable Earnings were USD 16.8 million, or USD 0.13 per share.
  • Net interest income rose 6.9% to USD 17.2 million from the prior quarter, while total expenses climbed 40.6% to USD 68.2 million.
  • General CECL reserve increased USD 12.5 million to USD 99.7 million, or 3.27% of aggregate loan commitments; the weighted average risk ranking improved to 3.0.
  • Originated 13 senior mortgage loans totaling USD 435.7 million; repaid eight loans for USD 150.7 million, with the watchlist at four loans totaling USD 135.9 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brightspire Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001717547-26-000062), on July 29, 2026, and is solely responsible for the information contained therein.