Franklin BSP Realty Trust (FBRT) Q4 Earnings Preview: Revenue Up 70% YoY, EPS Estimate $0.27

Franklin BSP Realty Trust (NYSE:FBRT) reports earnings Wednesday, Feb 12, 2026. Last quarter, the commercial real estate lender topped revenue expectations by 10.7% to $90.12 million, up 66% year-on-year, but missed net interest income and EPS guidance. For Q4 2025, analysts expect revenue to rise 70.2% YoY to $93.65 million and adjusted EPS of $0.27 per share. The stock is up 1.4% over the past month while the sector averages 9% and has an average price target of $14.38 versus a current trade at $10.16. Peer performance includes Flagstar Financial’s 3% revenue decline (beat by 3.2%) and Columbia Financial’s 236% increase (beat by 12.7%).