Arbor Realty Trust Reports First Quarter 2023 Results and Increases Dividend by $0.02 to $0.42 per Share

May 5, 2023

https://www.globenewswire.com/news-release/2023/05/05/2662504/0/en/Arbor-Realty-Trust-Reports-First-Quarter-2023-Results-and-Increases-Dividend-by-0-02-to-0-42-per-Share.html

Company Highlights:

UNIONDALE, N.Y., May 05, 2023 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE:ABR), today announced financial results for the first quarter ended March 31, 2023. Arbor reported net income for the quarter of $84.3 million, or $0.46 per diluted common share, compared to net income of $64.1 million, or $0.40 per diluted common share for the quarter ended March 31, 2022. Distributable earnings for the quarter was $122.2 million, or $0.62 per diluted common share, compared to $92.9 million, or $0.55 per diluted common share for the quarter ended March 31, 2022.

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