Arbor Realty Trust Reports Q2 2023 Net Income of $93.3 Million
Revenue for the Quarter Ended June 30, 2023, Amounted to $335.7 Million
Arbor Realty Trust, Inc. (ABR), a real estate investment trust specializing in loan origination and servicing, has released its financial results for the second quarter of 2023. The company reported a net income of $93.3 million for the quarter, along with total revenue amounting to $335.7 million. Let's take a closer look at the company's consolidated balance sheets and statements of income to understand the key drivers behind its financial performance during this period.
Arbor Realty Trust Reports Q2 2023 Net Income of $93.3 Million
Arbor Realty Trust, Inc. announced strong financial results for the second quarter of 2023, reporting a net income of $93.3 million. This figure represents the company's profitability during the three-month period ending on June 30, 2023.
Revenue for the Quarter Ended June 30, 2023, Amounted to $335.7 Million