From GlobeNewswire: 2025-02-10 16:15:00

Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) reported a net income loss of $0.97 per diluted share for the year ended December 31, 2024. CEO Stuart Rothstein highlighted the company’s active capital deployment in 2024. A detailed presentation of results can be found on their website. A conference call to review results will be held on February 11, 2025, at 10 am ET.

Distributable Earnings, a non-GAAP financial measure, were $0.32 per diluted share for the quarter ended December 31, 2024. The company aims to distribute at least 90% of its REIT taxable income to shareholders annually. Distributable Earnings are a key factor in determining dividends. During 2024, the company realized losses on the sale of a commercial mortgage loan in Hawaii and the extinguishment of a loan secured by hospitals in Massachusetts.

Apollo Commercial Real Estate Finance primarily invests in commercial real estate-related debt investments. Their external manager is ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc. Forward-looking statements indicate risks and uncertainties in the company’s future performance. The company emphasizes the importance of Distributable Earnings as a measure of financial performance. For more information, visit their website or contact Investor Relations at (212) 822-0767.



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