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STWD Price Correlated With Financials For Starwood Property Trust

Free historical financial statements for Starwood Property Trust Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 46 quarters since 2011. Compare with STWD stock chart to see long term trends.

STWD Stock Compared to Quarterly

STWD Income Statement

Revenue, Net:325586000
Revenue Per Share:1.0529
Selling, General & Admin Expense:45005000
Total Operating Expenses:262298000
Operating Income:283911000
Income Taxes:2206000
Net Income:281705000
Earnings Per Share, Basic:0.68
Shares Outstanding, Basic Avg:309221274

STWD Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:12240000
Net Cash from Operations:530869000
Net Cash from Operations Per Share:1.7168
Issuance of Long-term Debt:4192281000
Cash Dividends Paid:148816000
Net Cash from Financing Activities:1354708000
Net Cash from Investing Activities:-1921732000
Net Change in Cash & Equivalents:-36155000

STWD Balance Sheet

Cash and Cash Equivalents:336806000
Property, Plant & Equipment, Net:1225979000
Total Assets:83098886000
Total Liabilities:76001746000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
26,430,377 sh
269,490 sh
1%
$638,822
$3,113
Blackrock Inc.
17,905,231 sh
-1,614,505 sh
-8%
$432,771
-$41,559
Morgan Stanley
6,228,879 sh
616,088 sh
11%
$150,553
$14,161
Cardinal Capital Management LLC /CT
5,107,413 sh
-856,103 sh
-14%
$123,446
-$22,123
Geode Capital Management, LLC
3,865,556 sh
-976,008 sh
-20%
$93,430
-$24,721
JPMorgan Chase & Co
2,830,100 sh
416,523 sh
17%
$68,405
$9,756
Neuberger Berman Group LLC
2,165,994 sh
-159,809 sh
-7%
$52,000
-$4,076
Bank Of New York Mellon Corp
2,112,808 sh
21,039 sh
1%
$51,067
$238
Clearbridge Investments, LLC
2,037,055 sh
-18,890 sh
-1%
$49,236
-$723
Charles Schwab Investment Management Inc
1,708,052 sh
51,035 sh
3%
$41,284
$1,018
Boston Partners
1,679,657 sh
16,601 sh
1%
$40,359
-$222
Northern Trust Corp
1,392,886 sh
-65,704 sh
-5%
$33,666
-$1,778
Capwealth Advisors, LLC
1,149,397 sh
4,158 sh
0%
$27,781
-$48
Capwealth Advisors, LLC
1,149,397 sh
4,158 sh
0%
$27,781
-$48
Capwealth Advisors, LLC
1,143,397 sh
-1,842 sh
0%
$27,636
-$193
Twin Tree Management, Lp
Call options for 996,200 sh
698,400 sh
235%
$24,078
$16,841
UBS Group Ag
950,121 sh
949,121 sh
94912%
$22,965
$22,941
Advisors Capital Management, LLC
906,486 sh
4,403 sh
0%
$21,910
-$11
Jennison Associates LLC
867,480 sh
7,784 sh
1%
$20,967
$76
Van Eck Associates Corp
823,791 sh
-145,345 sh
-15%
$19,911
-$3,639
COMPANY PROFILE
Summary of Significant Accounting Policies Balance Sheet Presentation of Securitization Variable Interest Entities

We operate investment businesses that acquire unrated, investment grade and non-investment grade rated CMBS and RMBS. These securities represent interests in securitization structures (commonly referred to as special purpose entities, or “SPEs”). These SPEs are structured as pass through entities that receive principal and interest on the underlying collateral and distribute those payments to the certificate holders. Under accounting principles generally accepted in the United States of America (“GAAP”), SPEs typically qualify as VIEs. These are entities that, by design, either (1) lack sufficient equity to permit the entity to finance its activities without additional subordinated financial support from other parties, or (2) have equity investors that do not have the ability to make significant decisions relating to the entity’s operations through voting rights, or do not have the obligation to absorb the expected losses, or do not have the right to receive the residual returns of the entity.

Because we often serve as the special servicer or servicing administrator of the trusts in which we invest, or we have the ability to remove and replace the special servicer without cause, consolidation of these structures is required pursuant to GAAP as outlined in detail below. This results in a consolidated balance sheet which presents the gross assets and liabilities of the VIEs. The assets and other instruments held by these VIEs are restricted and can only be used to fulfill the obligations of the entity. Additionally, the obligations of the VIEs do not have any recourse to the general credit of any other consolidated entities, nor to us as the consolidator of these VIEs.

The VIE liabilities initially represent investment securities on our balance sheet (pre-consolidation). Upon consolidation of these VIEs, our associated investment securities are eliminated, as is the interest income related to those securities. Similarly, the fees we earn in our roles as special servicer of the bonds issued by the consolidated VIEs or as collateral administrator of the consolidated VIEs are also eliminated. Finally, a portion of the identified servicing intangible associated with the eliminated fee streams is eliminated in consolidation.

Refer to the segment data in Note 24 for a presentation of our business segments without consolidation of these VIEs.

Basis of Accounting and Principles of Consolidation

The accompanying consolidated financial statements include our accounts and those of our consolidated subsidiaries and VIEs. Intercompany amounts have been eliminated in consolidation.

Entities not deemed to be VIEs are consolidated if we own a majority of the voting securities or interests or hold the general partnership interest, except in those instances in which the minority voting interest owner or limited partner can remove us as general partner without cause, dissolve the partnership without cause or effectively participate through substantive participative rights. Substantive participative rights include the ability to select, terminate and set compensation of the investee’s management, if applicable, and the ability to participate in capital and operating decisions of the investee, including budgets, in the ordinary course of business.

We invest in entities with varying structures, many of which do not have voting securities or interests, such as general partnerships, limited partnerships, and limited liability companies. In many of these structures, control of the entity rests with the general partners or managing members, while other members hold passive interests. The general partner or managing member may hold anywhere from a relatively small percentage of the total financial interests to a majority of the financial interests. For entities not deemed to be VIEs, where we serve as the sole general partner or manag

Data imported from Starwood Property Trust Inc. SEC filings. Check original filings before making any investment decision.