Ares Commercial Real Estate posted $0.12 per share in Distributable Earnings for Q3 2026 and declared a steady $0.15 dividend, as the firm works to resolve risk-rated loans and streamline its portfolio.
Third quarter 2026 results show GAAP net income of $0.18 per diluted share and Distributable Earnings of $0.12 per share, with the quarterly dividend held steady at $0.15. The company fully repaid and terminated a $90 million secured term loan and sold an REO office property at a gain, but still faces unresolved risk rated 4 and 5 loans. Without prior-period figures in the release, results appear broadly in line, supporting the stock without a clear directional catalyst.
The company reported GAAP net income of $10.0 million, or $0.18 per diluted common share, and Distributable Earnings of $6.7 million, or $0.12 per diluted share.
The Board declared a regular cash dividend of $0.15 per common share for the fourth quarter of 2026, the same as the prior quarter, payable January 15, 2027 to holders of record as of December 31, 2026.
Ares Commercial Real Estate Corporation reported GAAP net income of $10.0 million, or $0.18 per diluted share, for the third quarter of 2026. The company maintained its quarterly dividend at $0.15 per share while continuing efforts to reduce office and REO investments, including the recent sale of an REO office property.
The company reported GAAP net income of $10.0 million, or $0.18 per diluted common share, and Distributable Earnings of $6.7 million, or $0.12 per diluted share.
The Board declared a regular cash dividend of $0.15 per common share for the fourth quarter of 2026, the same as the prior quarter, payable January 15, 2027 to holders of record as of December 31, 2026.