/
Star Holdings was formed to succeed to the legacy non-ground lease real estate assets of iStar Inc. ( iStar ). On March 31, 2023, iStar completed its transition to a ground lease focused business through the merger of iStar and Safehold Inc., a ground lease company previously founded by iStar (the Merger ). iStar continued as the surviving corporation in the Merger and changed its name to Safeh…
The institution is unprofitable. This typically signals severe credit losses or a business in transition.
Revenue declined 1.8% YoY. For a bank, this often signals contracting loan book or reduced fee income.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$116M
▼ -1.8% YoY
Net Income (TTM)
-$67M
▲ +25.9% YoY
Net Margin
-57.45%
P/E
—
Balance Sheet
Total Assets
$480M
Equity
$239M
Total Debt
$208M
Cash & Equiv.
$62M
3Y CAGR: +11.9%
Continue Research