| Metric | FY2025 | FY2025 | FY2025 | FY2025 | FY2024 | FY2024 | FY2024 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest income | $220.3M+5.4% | $209.1M+3.9% | $201.3M+5.6% | $190.6M-0.9% | $192.4M-1.5% | $195.3M+4.6% | $186.7M+0.1% | $186.6M-75.9% | $772.9M-0.0% | $773.1M |
| Interest expense | $154.2M+7.0% | $144.1M+6.5% | $135.3M+11.4% | $121.4M-4.1% | $126.5M-1.8% | $128.8M+7.9% | $119.4M-1.7% | $121.5M-76.2% | $509.5M+52.9% | $333.3M |
| Net interest income | $66.2M+1.8% | $65.0M-1.5% | $66.0M-4.6% | $69.2M+5.2% | $65.8M-0.9% | $66.5M-1.3% | $67.3M+3.4% | $65.1M-75.3% | $263.4M-40.1% | $439.8M |
| Increase in provision for credit losses | $5.3M+105.7% | $2.6M-41.3% | $4.4M+30.2% | $3.4M-23.9% | $4.4M+1142.5% | $358K-90.3% | $3.7M+173.5% | $1.3M-88.2% | $11.4M+61.6% | $7.0M |
| Net unrealized gains (losses) on derivatives | $27.3M+445.3% | -$7.9M-209.6% | -$2.6M+60.5% | -$6.5M-2443.8% | $276K+101.9% | -$14.5M-220.9% | $12.0M+130.4% | $5.2M+180.9% | -$6.4M-332.6% | -$1.5M |
| Realized losses on derivatives | -$17.5M-968.2% | $2.0M+111.2% | -$18.0M-21995.1% | $82K-87.2% | $641K+113.2% | -$4.9M+71.9% | -$17.3M | $0+100.0% | -$41.0M-7200.7% | -$561K |
| Periodic interest on derivatives, net | $5.4M-5.7% | $5.8M+13.5% | $5.1M+22.5% | $4.1M-9.0% | $4.5M-33.1% | $6.8M-2.6% | $7.0M+27.3% | $5.5M-68.1% | $17.2M+1079.9% | -$1.8M |
| Net gains (losses) on derivatives | $15.2M+10901.4% | -$141K+99.1% | -$15.4M-585.7% | -$2.3M-141.3% | $5.5M+143.6% | -$12.5M-878.9% | $1.6M-84.9% | $10.7M+135.3% | -$30.2M-695.8% | -$3.8M |
| Investment management and advisory fees | $9.1M+7.3% | $8.5M-3.4% | $8.8M-1.4% | $8.9M+229.7% | $2.7M | $0 | $0 | $0 | $0 | $0 |
| Interest income from investment in MSR financing receivables | $20K-96.0% | $500K | $0 | $0-100.0% | $520K | $0 | $0 | — | — | — |
| Net unrealized gains on financial instruments at fair value | -$17.1M+53.7% | -$37.0M-630.7% | $7.0M-94.6% | $128.9M+171.1% | -$181.2M-274.2% | $104.0M+826.1% | $11.2M-85.4% | $76.8M+123.3% | $34.4M+104.7% | -$736.9M |
| Net realized losses on sales of investments | -$23.3M-1268.7% | $2.0M+204.0% | -$1.9M | $0+100.0% | -$1.5M | $0 | $0+100.0% | -$3.8M+88.0% | -$31.2M+59.2% | -$76.5M |
| Gains on extinguishment of debt | $20K | $0 | $0-100.0% | $2.1M-0.9% | $2.1M | $0-100.0% | $3.9M | — | — | -$2.9M |
| Other investment gains | $1.3M-35.6% | $1.9M-34.1% | $3.0M+808.2% | -$417K-116.7% | $2.5M+82.3% | $1.4M+36.5% | $1.0M-78.6% | $4.7M+329.5% | $1.1M+158.5% | -$1.9M |
| Gain on origination and sale of loans, net | $20.6M | $0 | $0 | $0-100.0% | $20.6M | $0 | $0 | — | — | — |
| Total other income (losses) | $5.8M+124.1% | -$24.2M-1855.5% | $1.4M-99.0% | $137.3M+179.8% | -$172.0M-285.3% | $92.8M+570.8% | $13.8M-84.3% | $88.4M+499.9% | -$22.1M+97.3% | -$821.9M |
| Compensation and benefits | $18.2M+32.3% | $13.8M+18.0% | $11.7M-10.9% | $13.1M-27.0% | $17.9M+149.0% | $7.2M+2.7% | $7.0M-23.9% | $9.2M-69.9% | $30.6M-38.1% | $49.4M |
| General and administrative expenses | $9.3M+34.6% | $6.9M+1.8% | $6.8M-1.3% | $6.9M+23.4% | $5.6M-0.2% | $5.6M-10.6% | $6.3M+9.7% | $5.7M-77.2% | $25.1M+10.9% | $22.7M |
| Servicing and asset manager fees | $6.0M-14.0% | $7.0M-4.3% | $7.3M-1.7% | $7.4M+1.4% | $7.3M-0.1% | $7.3M-1.8% | $7.5M-2.5% | $7.7M-76.5% | $32.6M-9.4% | $36.0M |
| Amortization of intangibles and depreciation expenses | $7.2M+2137.7% | $321K | $0 | — | — | — | — | — | — | $0 |
| Transaction expenses | $625K-93.7% | $9.9M+2446.4% | $390K-93.1% | $5.7M+20.8% | $4.7M+103.2% | $2.3M | $0-100.0% | $67K-99.6% | $15.4M-4.8% | $16.1M |
| Total other expenses | $38.5M-0.1% | $38.6M+42.2% | $27.1M-20.4% | $34.1M-5.1% | $35.9M+59.8% | $22.5M+8.2% | $20.8M-8.4% | $22.7M-78.1% | $103.7M-16.5% | $124.2M |
| Income before income taxes | $232.8M+32.2% | $176.1M+39.5% | $126.2M | — | — | — | — | — | — | -$513.3M |
| Income tax expense | $2.3M+4528.6% | $49K-52.0% | $102K | — | — | — | — | — | — | -$253K |
| Net income | $28.3M+4984.8% | -$580K-101.6% | $35.5M-78.8% | $167.3M+214.2% | -$146.5M-207.4% | $136.5M+140.8% | $56.7M-56.2% | $129.5M+2.7% | $126.1M+124.6% | -$513.1M |
| Dividends on preferred stock | $21.8M+1.9% | $21.4M-0.0% | $21.4M+0.3% | $21.4M-1.9% | $21.8M-4.5% | $22.8M+0.2% | $22.8M+23.4% | $18.4M-75.0% | $73.8M-0.0% | $73.8M |
| Net income available to common shareholders | $6.5M+129.6% | -$22.0M-256.9% | $14.0M-90.4% | $145.9M+186.7% | -$168.3M-248.0% | $113.7M+235.2% | $33.9M-69.5% | $111.0M+112.0% | $52.4M+108.9% | -$586.8M |
| Basic (in dollars per share) | $80.00+129.6% | -$270.00-258.8% | $170.00-90.5% | $1790.00+186.5% | -$2070.00-246.8% | $1410.00+235.7% | $420.00-69.3% | $1370.00+101.5% | $680.00+109.0% | -$7530.00 |
| Diluted (in dollars per share) | $1720.00+56.4% | $1100.00+61.8% | $680.00 | — | — | — | — | — | — | -$7530.00 |
| Basic (in shares) | 82.18B+1.5% | 80.98B+5.6% | 76.69B | — | — | — | — | — | — | 77.98B |
| Diluted (in shares) | 83.94B+2.2% | 82.16B+6.0% | 77.54B | — | — | — | — | — | — | 77.98B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.