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Stock impact report

BXMT Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Blackstone Mortgage Trust, Inc. (BXMT) 
Last blackstone mortgage trust, inc. earnings: 4/29 04:01 pm Check Earnings Report
President — Austin Pena Chief Financial Officer — Marcin Urbaszek Takeaways GAAP net loss -- $0.04 per share, directly reported for the quarter. Distributable earnings -- $0.21 per share; prior to realized gains and losses, $0.49 per share, supporting dividend coverage for the third straight quarter. Dividend -- $0.47 per share paid for the quarter. Book value -- $20.20 per share at quarter end, down 2.7% from the prior period, driven primarily by a $0.33 per share increase in CECL reserves and $0.13 per share depreciation and amortization from owned real estate. CECL reserve -- $1.80 per share in total CECL reserves, including $1.30 per share attributable to the general reserve. Debt-to-equity ratio -- 3.7x at quarter end, improved from 3.9x in the previous quarter. Liquidity -- $1 billion at quarter end. Portfolio size -- Investment portfolio ended the quarter just under $20 billion; loan portfolio was $16.4 billion across 130 loans, with 98% of loans performing Show less Read more
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