Starwood Property Trust posts Q3 2026 loss, records record investments and dividend review
Starwood Property Trust reported a GAAP net loss of $389.7 million for the quarter ended September 30, 2026, or $1.08 per share. Distributable earnings were $0.31 per share, or $0.41 when excluding commercial‑lending gains and losses. The firm invested $3.2 billion in the quarter, bringing year‑to‑date deployments to $8.2 billion and expanding its commercial lending portfolio to a record $17.8 billion. It repurchased $108 million of common stock and declared a $0.48 dividend per share while management signaled a review of dividend policy.
Why it matters
The company said it remains on track to meet its 2026 legacy‑asset resolution target of over $800 million, which could affect cash flow and future dividend capacity. Management’s dividend review may impact shareholder returns.
Key facts
- 1GAAP net loss of $389.7 million, or $1.08 per share, for Q3 2026. sec.gov
- 2Distributable earnings of $0.31 per share, or $0.41 per share when excluding commercial‑lending gains and losses. sec.gov
- 3Invested $3.2 billion in the quarter, total $8.2 billion in the first nine months. sec.gov
- 4Commercial lending portfolio reached $17.8 billion at quarter end. fool.com
- 5Repurchased $108 million of common shares during the quarter. sec.gov
- 6Declared a dividend of $0.48 per share. sec.gov
Open questions
- Material 5 reports an EPS of $0.49, which conflicts with the GAAP loss reported in other sources.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.