Ares Commercial reports Q2 distributable EPS (51c), consensus 1c

Reports Q2 revenue $12.57M, consensus $13.85M. “In Q2, we continued to use the strength of our balance sheet to accelerate resolutions of risk rated 4 and 5 loans and reduction of our office loans, which we believe further strengthened our overall portfolio,” said CEO Bryan Donohoe. “Given the progress we have made in positioning our balance sheet and addressing risks in the portfolio, we have begun to invest in new loans. So far in the third quarter, we have closed on $43 million of senior loan commitments in what we view as a more active real estate market for investing. ” “In the first half of 2025, we have collected $337M of repayments further bolstering our liquidity position,” said CFO Jeff Gonzales. “As of June 30, 2025, we had approximately $178M of available capital, including $94M of cash or more than $1.70 per share. We believe our liquidity position and balance sheet flexibility enables us to accelerate resolutions and opportunistically invest in new loans, both of which we expect will enhance our future earnings.”