KKR Real Estate Finance Trust Investor Presentation Deck
Consolidated Statements of Income
(in thousands - except share and per share data)
Net Interest Income
Interest income
Interest expense
Total net ineterest income
Other income
Revenue from real estate owned operations
Income (loss) from equity method investments
Other income
Total other income
Operating Expenses
General and administrative
Provision for (reversal of) credit losses, net
Management fees to affiliate
Incentive compensation to affiliate
Expenses from real estate owned operations
Total operating expenses
Income (Loss) Before Income Taxes, Noncontrolling Interests, Preferred Dividends,
and Participating Securities' Share in Earnings
Income tax expense
Net Income (Loss)
Net income (loss) attributable to noncontrolling interests
Net Income (Loss) Attributable to KREF Trust Inc. and Subsidiaries
Preferred stock dividends
Participating securities' shares in earnings
Net Income (Loss) Attributable to Common Stockholders
Net Income (Loss) Per Share of Common Stock, Basic
Net Income (Loss) Per Share of Common Stock, Diluted
Weighted Average Number of Shares of Common Stock Outstanding, Basic
Weighted Average Number of Shares of Common Stock Outstanding, Diluted
Dividends Declared per Share of Common Stock
KREF
$
$
$
$
$
June 30, 2023
159,629
115,677
43,952
1,984
551
4,437
6,972
4,710
56,335
6,559
611
2,656
70,871
(19,947)
177
(20,124)
(96)
(20,028)
5,326
418
(25,772)
(0.37)
(0.37)
69,115,654
69,115,654
0.43
Three Months Ended
March 31, 2023
$
$
$
$
$
152,530
105,976
46,554
2,246
(347)
2,711
4,610
4,690
60,467
6,523
1,811
2,758
76,249
(25,085)
169
(25,254)
(177)
(25,077)
5,326
407
(30,810)
(0.45)
(0.45)
69,095,011
69,095,011
0.43
$
$
$
$
$
June 30, 2022
90,603
44,733
45,870
1,833
1,035
1,237
4,105
4,308
11,798
6,506
2,368
24,980
24,995
24,995
(66)
25,061
5,326
341
19,394
0.28
0.28
68,549,049
68,549,049
0.43
$
$
$
$
$
Six Months Ended
June 30, 2023
312,159
221,653
90,506
4,230
204
7,148
11,582
9,400
116,802
13,082
2,422
5,414
147,120
(45,032)
346
(45,378)
(273)
(45,105)
10,652
825
(56,582)
(0.82)
(0.82)
69,105,389
69,105,389
0.86
$
$
$
$
$
June 30, 2022
163,833
77,192
86,641
4,462
2,921
3,152
10,535
8,754
10,580
12,513
4,922
36,769
60,407
60,407
(122)
60,529
10,652
687
49,190
0.75
0.74
65,832,841
72,149,015
0.86
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