Starwood Property Trust, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 28.85 million compared to USD 32.29 million a year ago. Revenue was USD 523.09 million compared to USD 490.41 million a year ago.

Net income was USD 154.33 million compared to USD 51.97 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.16 a year ago.