Bridge Investment Group Holdings, Inc. ( (BRDG) ) has released its Q4 earnings. Here is a breakdown of the information Bridge Investment Group Holdings, Inc. presented to its investors.
Bridge Investment Group Holdings, Inc. is a leading alternative investment manager with approximately $50 billion in assets under management, specializing in diverse asset classes such as real estate, credit, renewable energy, and secondaries strategies. The company recently released its financial results for the fourth quarter and full year of 2024, highlighting a net income of $15.4 million for the quarter and $16.7 million for the year. Despite a quarterly net loss of $(0.15) per share, the company reported a yearly net income of $0.13 per share. Fee Related Earnings were $34.4 million for the quarter and $136.6 million for the year, while Distributable Earnings were $32.6 million for the quarter and $128.4 million for the year. Bridge declared a quarterly dividend of $0.11 per share, reflecting its commitment to returning value to shareholders. Looking ahead, Bridge Investment Group remains focused on leveraging its diversified investment strategies and strong asset management capabilities to drive growth and deliver value to its investors.