Oct 29, 6:50 AM ET
Blackstone Mortgage Trust reported a third-quarter 2026 net loss attributable to the company of $327 million, or $(1.95) per share, and declared a fourth-quarter 2026 dividend of $0.30 per share. The Q3 dividend paid was $0.47 per share, so the declared Q4 payout is lower. The loss was driven by a $264.8 million increase in credit loss reserves and other charges, which matters to shareholders because it reduces book value and the dividend is their main return.
- Q3 2026 net loss attributable to the company was $327 million, or $(1.95) per share, compared with net income of $63 million, or $0.37 per share, in Q3 2025.
- Distributable EPS was $0.38 and Distributable EPS prior to realized gains and losses was $0.42, versus $0.48 in Q2 2026.
- The Board declared a Q4 2026 dividend of $0.30 per share, payable January 15, 2027, to holders of record as of December 31, 2026; the Q3 dividend paid was $0.47 per share.
- Book value per share was $17.06 at September 30, 2026, down from $19.31 at June 30, 2026, and CECL reserves were $606 million.
Read the filing on SEC.gov ↗
Jul 30, 6:51 AM ET
Blackstone Mortgage Trust reported a second-quarter 2026 net loss attributable to the company of $81.2 million, or $(0.48) per share, compared with net income of $7.0 million, or $0.04 per share, a year earlier. Total net revenue rose to $158.1 million from $133.6 million, but the quarter included a $134.4 million increase in credit loss reserves, and book value per share fell to $19.31 from $20.20 at March 31, 2026.
- Q2 2026 GAAP net loss attributable to the company was $81.2 million, or $(0.48) per share, versus net income of $7.0 million, or $0.04 per share, in Q2 2025.
- Total net revenue was $158.1 million, up from $133.6 million in Q2 2025.
- Distributable EPS was $0.31; before realized gains and losses it was $0.48, compared with $0.49 in Q1 2026.
- Book value per share was $19.31 at June 30, 2026, versus $20.20 at March 31, 2026; the company paid a Q2 dividend of $0.47 per share.
Read the filing on SEC.gov ↗
May 19, 5:27 PM ET
On May 19, 2026, Blackstone Mortgage Trust closed a $450 million private offering of 6.250% senior secured notes maturing June 1, 2031. The company said it plans to use the proceeds for general corporate purposes, including paying down existing secured debt, which adds new fixed-rate debt while the filing does not report any change to earnings or guidance.
- Principal amount: $450 million; interest of 6.250% per year, paid semi-annually starting December 1, 2026
- Notes are senior secured, sharing first-priority collateral with the term loan and existing 3.750% notes due 2027 and 7.750% notes due 2029
- Indenture covenants include a maximum Total Debt to Total Assets Ratio of 83.333% before a Collateral Fall-Away Event
- Change of control triggers an offer to repurchase at 101% of principal plus accrued interest
Read the filing on SEC.gov ↗
Apr 29, 6:50 AM ET
Blackstone Mortgage Trust reported a first-quarter 2026 net loss attributable to the company of $6.3 million, or $(0.04) per share, compared with a $(0.00) loss per share a year earlier. Distributable EPS was $0.21 and Distributable EPS prior to realized gains and losses was $0.49, which covered the $0.47 per share dividend paid in the quarter. Book value per share fell to $20.20 from $20.75 at December 31, 2025.
- Q1 2026 GAAP net loss attributable to the company was $6.3 million, or $(0.04) per share, versus $(0.00) per share in Q1 2025.
- Distributable EPS was $0.21, compared with $(2.07) in Q4 2025; prior to realized gains and losses it was $0.49, compared with $0.51 in Q4 2025.
- Total net revenue was $159.4 million, up from $126.9 million in Q1 2025.
- Book value per share was $20.20 at March 31, 2026, versus $20.75 at December 31, 2025.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.