Financial insights of KREF-PA

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Interest income	95,906	111,542*	108,019
Interest expense	69,717	74,906*	82,685
Total net interest income	26,189	36,636*	25,334
Revenue from real estate owned operations	4,944	158*	4,742
Income (loss) from equity method investments	657	-197*	-105
Change in net assets of consolidated variable interest entities, cmbs trusts	439	1,771*	-347
Gain (loss) on sale of investments	-	1,192*	0
Gain (loss) on foreign currency translation	-5,377	298*	-
Gain (loss) on foreign currency forward contracts	6,853	-316*	-
Other miscellaneous income	894	1,358*	1,096
Total other income	8,410	4,263*	6,080
Provision for credit losses, net	73,541	116,447*	975
Expenses from real estate owned operations	8,122	3,769*	7,302
Management fee to related parties	5,511	5,820*	5,619
Incentive compensation to affiliate	-	0*	-
General and administrative	4,584	3,824*	4,746
Total operating expenses	91,758	129,860*	18,642
Income (loss) before income taxes	-57,159	-88,961*	12,772
Income tax expense	0	-156*	0
Net income (loss)	-57,159	-88,805*	12,772
Net income (loss) attributable to noncontrolling interests	-1,019	-420*	-1,006
Net income (loss) attributable to kkr real estate finance trust inc. and subsidiaries	-56,140	-88,385*	13,778
Preferred stock dividends	5,326	5,326*	5,326
Participating securities' share in earnings	415	411*	373
Net income (loss) attributable to common stockholders	-61,881	-94,122	8,079

Basic EPS	-0.96	-1.389	0.12
Diluted EPS	-0.96	-1.389	0.12
Basic Average Shares	64,673,125	67,738,137	65,876,727
Diluted Average Shares	64,673,125	67,738,137	65,876,727

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.