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Ares Commercial Real Estate (FRA:41I) Net Interest Income (for Banks) : €71.88 Mil (As of Mar. 2024)


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What is Ares Commercial Real Estate Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Ares Commercial Real Estate's net interest income for the three months ended in Mar. 2024 was €14.00 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €71.88 Mil.

Ares Commercial Real Estate's quarterly net interest income declined from Sep. 2023 (€21.62 Mil) to Dec. 2023 (€13.20 Mil) but then increased from Dec. 2023 (€13.20 Mil) to Mar. 2024 (€14.00 Mil).

Ares Commercial Real Estate's annual net interest income increased from Dec. 2021 (€73.94 Mil) to Dec. 2022 (€98.34 Mil) but then declined from Dec. 2022 (€98.34 Mil) to Dec. 2023 (€81.57 Mil).

Ares Commercial Real Estate Net Interest Income (for Banks) Historical Data

The historical data trend for Ares Commercial Real Estate's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ares Commercial Real Estate Net Interest Income (for Banks) Chart

Ares Commercial Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.98 56.80 73.94 98.34 81.57

Ares Commercial Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.75 23.07 21.62 13.20 14.00

Ares Commercial Real Estate Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €71.88 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ares Commercial Real Estate (FRA:41I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ares Commercial Real Estate Corp (FRA:41I) » Definitions » Net Interest Income (for Banks)
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Traded in Other Exchanges
ACRE:USA 41I:Germany
Address
245 Park Avenue, 42nd Floor, New York, NY, USA, 10167
Website
https://www.arescre.com
Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Ares Commercial Real Estate (FRA:41I) Headlines

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