New York, NY: Apollo Commercial Real Estate Finance, Inc. announced Operating Earnings per diluted share of common stock of $0.45 for the quarter ended December 31, 2014, an increase of 15.4% as compared to Operating Earnings per diluted share of common stock of $0.39 for the quarter ended December 31, 2013.
The firm generated $27.0 million net interest income from the Company’s $1.6 billion commercial real estate debt portfolio, which had a weighted average underwritten internal rate of return of approximately 13.3% at December 31, 2014.
Operating Earnings per diluted share of common stock were $1.69 for the twelve months ended December 31, 2014, an increase of 17.4% as compared to Operating Earnings per diluted share of common stock of $1.44 for the twelve months ended December 31, 2013.
