Sunrise Realty Trust Q2 FY26 net income falls 8.41% to $3.08 million; interest income rises 26.8% to $8.56 million - SUNS News | RalliesSunrise Realty Trust Q2 FY26 net income falls 8.41% to $3.08 million; interest income rises 26.8% to $8.56 million
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SUNS• Quarterly results
- Sunrise Realty Trust posted GAAP net income of $3.08 million for the quarter ended June 30, 2026, down from $3.36 million a year earlier.
- Interest income rose 26.8% to $8.56 million, while interest expense climbed to $2.75 million from $1.08 million.
- Non-GAAP distributable earnings fell to $3.93 million from $4.09 million, or $0.29 per share versus $0.31 per share.
- Book value per share slipped to $13.45 at June 30, 2026 from $13.56 at Dec. 31, 2025; cash dividends held at $0.30 per share.
Asset sale and merger agreement
- Sunrise Realty Trust said a San Antonio hotel sale agreement was set at .
$41 million
The company also signed a merger deal to acquire Southern Realty Trust with 1.45 SUNS shares per SRT share.•
