Arbor Realty Trust, Inc. (NYSE:ABR) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET

Company Participants

Paul Elenio - EVP & CFO

Ivan Paul Kaufman - Chairman, President & CEO

Conference Call Participants

Steven Delaney - JMP Securities

Crispin Love - Piper Sandler & Co.

Jade Rahmani - KBW

Stephen Laws - Raymond James & Associates

Operator

Good morning, ladies and gentlemen, and welcome to the First Quarter 2022 Arbor Realty Trust Earnings Conference Call. [Operator Instructions].

I would now like to turn the call over to your speaker today, Paul Elenio, Chief Financial Officer. Please go ahead.

Paul Elenio

Okay. Thank you, Leo. Good morning, everyone, and welcome to the quarterly earnings call for Arbor Realty Trust. This morning, we'll discuss the results for the quarter ended March 31, 2022. With me on the call today is Ivan Kaufman, our President and Chief Executive Officer.

Before we begin, I need to inform you that statements made in this earnings call may be deemed forward-looking statements that are subject to risks and uncertainties, including information about possible assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. These statements are based on beliefs, assumptions and expectations of our future performance, taking into account the information currently available to us. Factors that could cause actual results to differ materially from Arbor's expectations in these forward-looking statements are detailed in our SEC reports. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today. Arbor undertakes no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after today with the occurrences of unanticipated events.

I'll now turn the call over to Arbor's President and CEO, Ivan Kaufman.

Ivan Paul Kaufman

Thank you, Paul, and thanks to everyone for joining us on today's call. As you can see from this morning's press release, we had another tremendous quarter, which continues to demonstrate our unique ability to consistently deliver outsized returns through our diverse operating platform. As a result, we're able to once again increase our dividend to $0.38 a share. And this is our eighth consecutive quarterly dividend increase, representing 27% growth over that same time period.

We believe it's now more important than ever to continue to stress the many advantages of our unique business model, especially in light of the changing landscape of higher interest rates, continued inflation and the potential for another recessionary cycle on the horizon. We built a premium operating platform that is focused on the right asset classes with a very stable liability structures. We have a thriving balance sheet, GSE, agency private label and single-family rental business as well as an industry-leading securitization platform as it allowed us to produce a long track record of exceptional performance of consistent earnings and dividend growth.