KKR Real Estate Finance Trust releases transcript of Q2 2026 earnings call

PUBT · 1d ago
KKR Real Estate Finance Trust releases transcript of Q2 2026 earnings call
  • KKR Real Estate Finance Trust held its Q2 2026 earnings call attended by CEO Matt Salem, President and COO Patrick Mattson, CFO Kendra Decious, IR head Jack Switala.
  • Board launched a strategic alternatives review led by independent directors; CEO said KKR has not submitted any transaction proposal to date.
  • Reported GAAP loss of USD 122 million, or -USD 1.95 per share; book value fell 13.7% in the quarter to USD 10.24 per share.
  • Distributable loss was USD 36 million, or -USD 0.58 per share; distributable earnings before realized losses were USD 6 million, or USD 0.10 per share, matching the dividend.
  • Management expects over USD 2 billion of 2026 repayments; repurchased USD 38 million of stock at USD 6.63, plus USD 10 million post-quarter at USD 7.24.


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