Ares Commercial Real Estate Q3 net income beats estimates
ACRE•Ares Commercial Real Estate reported Q3 net income of $10.05 million, beating the $2.12 million consensus estimate from five analysts. It declared a Q4 2026 dividend of $0.15 per common share.
1. Quarterly results
The U.S. commercial real estate lender reported Q3 net income of $10.05 million, compared with analyst consensus of $2.12 million. Q3 EPS was $0.18, and revenue from real estate owned was $5.57 million.
2. Portfolio actions
The company sold an REO office property, generating a $7.1 million gain, and fully repaid a $90 million secured term loan. REO expenses fell 27% to $3.3 million, while the company recorded a $1.8 million provision for current expected credit losses.
3. Dividend and outlook
Ares Commercial Real Estate declared a Q4 2026 dividend of $0.15 per common share. It said it remains focused on resolving risk-rated 4 and 5 loans and that its diversified loan portfolio continues to exhibit overall stability.
