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Stock impact report

KREF Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

KKR Real Estate Finance Trust Inc. (KREF) 
Last kkr real estate finance trust inc. earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: kkrreit.com/company-overview/about-us
President & Chief Operating Officer — Patrick Mattson Chief Financial Officer — Kendra Decious Head of Investor Relations — Jack Switala TAKEAWAYS GAAP Net Loss -- $62 million, or negative $0.96 per share, was reported for the quarter. Book Value per Share -- $11.87 as of March 31, down 9% as the company repositions its portfolio. Distributable Loss -- $4 million, or negative $0.06 per share, reflecting realized and unrealized losses. Distributable Earnings Before Realized Losses -- $13 million, or $0.20 per share. Dividend Reduction -- Quarterly dividend was reduced to $0.10 per share, payable July 15; prior quarterly cash dividend was $0.25 per share. Watch List and Legacy Office Exposure -- Strategy aims to reduce legacy office exposure from 21% to under 10% by year-end, with over half the reduction via par repayments and the rest through watch list loan resolution. Life Science Exposure Modification -- 30% of life science loans modified to date, inclusive of n Show less Read more
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