Ares Commercial Real Estate Cor (ACRE)

Ares Commercial (ACRE) Income Statement


Ares Commercial Income Statement

Last quarter (Q1 2024), Ares Commercial's total revenue was $18.69M, a decrease of -29.47% from the same quarter last year. In Q1, Ares Commercial's net income was $-12.32M. See Ares Commercial’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 85.12M$ 81.43M$ 106.85M$ 18.52M$ 78.69M$ 77.26M
Credit Losses Provision
----$ -20.18M$ 0.00
Non Interest Expense
----$ 36.31M$ 39.75M
Incomefrom Associatesand Other Participating Interests
Special Income Charges
--$ 2.20M--$ 0.00
Pretax Income
$ -44.90M$ -38.91M$ 30.26M$ 61.19M$ 22.19M$ 37.51M
Tax Provision
$ -147.00K$ -39.00K$ 472.00K$ 722.00K$ 352.00K$ 515.00K
Earnings From Equity Interest Net Of Tax
$ -69.28M$ -74.83M$ 74.48M$ 63.97M--
Net Income Common Stockholders
$ -39.01M$ -38.87M$ 75.85M$ 60.47M$ 21.84M$ 36.99M
Basic EPS
$ -0.83$ -0.72$ 0.58$ 1.43$ 0.66$ 1.29
Diluted EPS
$ -0.84$ -0.72$ 0.57$ 1.42$ 0.66$ 1.28
Basic Average Shares
$ 216.93M$ 54.28M$ 51.68M$ 42.40M$ 32.98M$ 28.61M
Diluted Average Shares
$ 216.93M$ 54.28M$ 52.13M$ 42.68M$ 33.20M$ 28.85M
Dividend Per Share
$ 1.26$ 1.36$ 1.40$ 1.40$ 1.32$ 1.32
Reported Normalized Basic E P S
-----$ 1.42
Reported Normalized Diluted E P S
-----$ 1.41
Rent Expense Supplemental
Interest Income After Provision For Loan Loss
----$ 48.92M$ 52.20M
Net Income From Continuing And Discontinued Operation
$ -44.75M$ -38.87M$ 29.79M$ 60.47M$ 21.84M$ 36.99M
Normalized Income
$ -44.92M$ -38.95M--$ 8.46M$ 12.28M
Total Money Market Investments
$ 48.00M$ 70.75M$ 96.25M$ 111.27M--
$ 47.76M$ 68.61M$ 91.97M$ 113.56M--
Currency in USD

Ares Commercial Earnings and Revenue History

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