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BrightSpire Capital reports $46.9 million in Q3 net income

The Motley Fool +1 · ·by G4L

BRSP
BRSP BrightSpire Capital Inc
$3.12 -2.80%
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  1. 1BrightSpire Capital reported GAAP net income attributable to common shareholders of $46.9 million in the third quarter.
  2. 2The net loan portfolio grew to $3.1 billion, an increase of over $700 million or 30% compared to last year.
  3. 3BrightSpire Capital repurchased approximately 2.1 million shares during the third quarter.

So what's the key point?

BrightSpire Capital earned $46.9 million in profit during the third quarter. The company is growing as its loaned money increased by more than 30 percent.

Source The Motley Fool +1 · View original ↗

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