Every 10-Q that Sunrise Realty Trust, Inc. (SUNS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SUNS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SUNS filings page.
Sunrise Realty Trust, Inc. reported Q2 2026 net income of $3.1 million, or $0.23 basic EPS, and $7.3 million, or $0.54, for the first half of 2026. Interest income was $8.6 million for the quarter and $18.8 million year‑to‑date, reflecting higher average loan balances and repayment premium income.
As of June 30, 2026, loans held for investment at carrying value were $296.8 million within total assets of $330.7 million. The CECL reserve was $1.1 million, or 0.37% of loans, down from $2.1 million (0.68%) at year‑end, with all loans rated “2” (low risk). Undrawn loan commitments totaled $78.9 million. Borrowings included $82.6 million under the Revolving Credit Facility and $59.1 million under the unsecured SRTF Credit Facility. Book value per share was $13.45, and cash dividends were $0.30 per share in each of March and June (total $0.60).
The company recorded a $25.9 million equity‑method investment in the Lex Ave JV after foreclosing on its San Antonio hotel loan and later agreed to sell the property for $41.0 million, expecting about $26.7 million of consideration and to co‑originate a $32.0 million senior loan, subject to closing. Subsequent events also include sizable Palm Beach Gardens loan repayments and an August 5, 2026 Merger Agreement to acquire Southern Realty Trust Inc., under which each SRT share would receive 1.45 SUNS shares (about 8.4 million shares in total) plus $0.05 per share in cash from the Manager and one SRT‑designated board seat, subject to shareholder approvals.
Sunrise Realty Trust, Inc. reported solid first-quarter 2026 results, showing rapid portfolio-driven growth. Net income rose to $4.3 million, up from $3.1 million a year earlier, with basic earnings per share increasing to $0.32 from $0.27. Interest income more than doubled to $10.3 million, reflecting higher average loan balances and about $1.2 million of repayment premium from an early payoff of a $45.0 million Dallas multifamily loan.
Total assets reached $330.0 million, driven mainly by $296.8 million of loans held at carrying value and a new $24.6 million equity investment in an unconsolidated hotel joint venture following foreclosure on the San Antonio hospitality loan. The loan book remains almost entirely floating-rate and concentrated in Southern U.S. commercial real estate.
Leverage increased as Sunrise used its credit lines to fund growth, with $88.1 million drawn on its bank revolving credit facility and $51.4 million on its affiliate credit facility. The current expected credit loss reserve declined to $0.6 million, or 0.19% of loans, after writing off reserves tied to the foreclosed San Antonio loan. The company declared a quarterly dividend of $0.30 per share, with book value per share at about $13.50.
Sunrise Realty Trust (SUNS) reported stronger Q3 results. Net income was $4.05 million, up from $1.74 million a year ago, with basic EPS of $0.30 versus $0.26. Interest income rose to $7.49 million from $3.22 million, lifting net interest income to $6.06 million from $3.18 million as the company expanded its loan book.
Total loans held for investment reached $250.4 million at carrying value as of September 30, 2025, compared with $130.7 million at year‑end. Cash and cash equivalents were $5.55 million, and shareholders’ equity increased to $184.6 million from $114.1 million. The CECL reserve was $0.43 million, or 0.17% of loans held at carrying value. SUNS declared $0.30 per share in quarterly dividends during Q3 (total $0.90 per share year‑to‑date). The revolving credit facility showed $67.2 million outstanding with $72.8 million available; commitments were increased to $140.0 million and mature on November 8, 2027. In January 2025, SUNS completed a public offering of 6,400,000 shares for net proceeds of approximately $71.3 million. Subsequent to quarter‑end, SUNS and an affiliate committed to new senior loans in Florida and Texas with stated rates tied to SOFR.