Arbor Realty Trust Stock Plunges 29% After Q3 Loss and Dividend Suspension

Arbor Realty Trust (NYSE: ABR) fell 29.1% on Friday, Oct. 30, 2026, closing at $2.14 from a previous close of $3.02. The S&P 500 ETF (SPY) fell 1.77% that session, and volume ran about 2.9 times normal.

The company's 8-K filed with its third-quarter results included an earnings press release reporting a GAAP net loss of $85.4 million, or $0.51 per diluted common share, for the quarter ended Sept. 30, 2026. That compares with net income of $38.5 million, or $0.20 per diluted share, a year earlier. The release also reported a distributable loss of $6.9 million, or $0.04 per diluted share, against distributable earnings of $72.9 million a year earlier.

Dividend suspended to preserve capital

The board suspended the quarterly common stock dividend effective immediately, according to the release. The company said the decision reflects a focus on preserving capital and financial flexibility to address upcoming debt maturities and support the resolution of legacy assets. Dividends declared per common share were $0.17 in the quarter, down from $0.30 a year earlier.

Credit losses and impairments

The company recorded a $53.0 million net provision for loan losses under CECL in the quarter. It also recorded $34.1 million of impairments on six real estate owned properties. Non-performing loans rose to thirty-two, with a UPB of $647.6 million, from nineteen with a UPB of $428.8 million at June 30, 2026. The release also cited $21.7 million of net realized losses from the resolution of certain legacy assets.

Balance sheet and liquidity

The company closed an $825.0 million collateralized securitization, which it said generated about $50 million of additional liquidity. It also completed a $375.0 million offering of 6.25% convertible senior notes due 2029. Cash and cash equivalents were $439.7 million at Sept. 30, 2026.

A 10-Q filed the same morning shows total stockholders' equity of $2.55 billion at quarter end.