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BRMK - BRMK STOCK NEWS

Welcome to our dedicated page for BRMK news (Ticker: BRMK), a resource for investors and traders seeking the latest updates and insights on BRMK stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BRMK's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BRMK's position in the market.

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for August 2022. This dividend is set to be paid on September 15, 2022, to stockholders of record as of August 31, 2022. The company specializes in providing financing solutions in the range of $2 to $50 million for commercial and residential real estate across the United States. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

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Broadmark Realty Capital reported strong operating results for Q2 2022, with total revenue hitting $28.5 million, driven by $22.1 million in interest income. The company closed on $196 million in new investments at a weighted average yield exceeding 10.0%. Net income attributable to common stockholders reached $15.9 million, equating to $0.12 per diluted share. Broadmark maintains a low-leverage balance sheet with an enterprise leverage ratio of approximately 8% and reported $171 million in total liquidity. A cash dividend of $0.07 per common share was declared, payable in July and August 2022.

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Broadmark Realty Capital Inc. (NYSE: BRMK) will release its second quarter 2022 financial results on Monday, August 8, 2022, after market close. A conference call is scheduled for the same day at 5:00 p.m. Eastern Time to discuss the results. Investors can listen to the call via a webcast available on the Company's website. Broadmark Realty specializes in providing financing solutions in the $2 to $50 million range for commercial and residential real estate across the United States.

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Broadmark Realty Capital (NYSE: BRMK) has announced a cash dividend of $0.07 per share for July 2022. This dividend will be payable on August 15, 2022, to stockholders of record by July 29, 2022. The company specializes in real estate finance solutions, typically offering between $2 million and $50 million, targeting both commercial and residential markets throughout the United States.

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Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for June 2022, payable on July 15, 2022. Shareholders must be on record by June 30, 2022 to receive this dividend. The company focuses on specialty real estate finance, providing funding solutions typically ranging from $2 to $50 million for various real estate projects across the U.S.

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Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for May 2022. This dividend will be paid on June 15, 2022, to stockholders of record as of May 31, 2022. The company specializes in real estate finance, offering solutions in the $2 to $50 million range for commercial and residential projects across the United States. Broadmark is positioned to meet complex financing needs quickly, adapting to various market conditions.

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Broadmark Realty Capital reported a strong first quarter with total originations nearing $190 million at an average yield exceeding 10%. The total active loan portfolio stands at $1.6 billion across 20 states. The company generated $29.9 million in revenue, including $24.1 million in interest income, and achieved a net income of $18.1 million, equating to $0.14 per diluted share. The balance sheet shows robust liquidity, with cash and equivalents of $97.4 million and an undrawn $135 million credit facility. A dividend of $0.07 per share was declared, payable on April 15 and May 16, 2022.

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Broadmark Realty Capital Inc. (NYSE: BRMK) announced the appointment of Pinkie D. Mayfield as a new independent director, expanding its Board to eight members. Mayfield brings extensive experience in public relations and corporate affairs, currently serving as Chief Communications Officer at Graham Holdings Company. Her addition is expected to strengthen the board's capabilities as Broadmark aims to expand its business and enhance capital solutions for customers while maintaining community commitments.

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Broadmark Realty Capital Inc. (NYSE: BRMK) will release its first quarter 2022 financial results on May 9, 2022, after market close. A conference call is scheduled for 5:00 p.m. Eastern Time on the same day, with a webcast available on the company’s investor website.

Broadmark specializes in providing financing solutions ranging from $2 million to $50 million for commercial and residential real estate opportunities across the U.S., addressing complex financial requirements effectively.

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Broadmark Realty Capital Inc. (NYSE: BRMK) announced a cash dividend of $0.07 per share for April 2022. This dividend will be paid on May 16, 2022, to shareholders on record as of April 29, 2022. The company specializes in real estate finance, offering loans between $2 and $50 million for various real estate projects across the U.S.

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FAQ

What is the market cap of BRMK (BRMK)?

The market cap of BRMK (BRMK) is approximately 635.0M.

BRMK

NYSE:BRMK

BRMK Rankings

BRMK Stock Data

635.04M
127.76M
3.03%
45.76%
1.78%
REIT—Mortgage
Real Estate
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United States
Seattle