AI brief of an SEC Form 8-K · Blackstone Mortgage Trust (BXMT)

Blackstone Mortgage Trust 2024 net loss $204 million; Q4 net income $37 million

Mixed Impact 4 of 5 earnings Written later

Blackstone Mortgage Trust reported a 2024 net loss attributable to the company of $204 million, or $(1.17) per share, compared with net income of $247 million, or $1.43 per share, in 2023. Fourth-quarter net income attributable to the company was $37 million, or $0.21 per share, but full-year Distributable EPS was $(0.03), below the $2.18 in dividends paid per share, and book value per share fell to $21.87 from $22.17 at September 30, 2024.

Key points

  • Full-year 2024 net loss attributable to the company: $204 million, or $(1.17) per share, versus 2023 net income of $1.43 per share
  • Q4 2024 net income attributable to the company: $37 million, or $0.21 per share, versus a Q3 2024 loss of $(0.32) per share
  • Full-year 2024 Distributable EPS: $(0.03); before charge-offs of CECL reserves: $2.15, versus $2.18 in dividends paid per share
  • Q4 2024 dividend of $0.47 per share; book value per share $21.87 at December 31, 2024, including $4.31 per share of CECL reserves

The filing

CompanyBlackstone Mortgage Trust (BXMT)
Form8-K, current report
Filed with the SECFeb 12, 2025, 6:45 AM ET
Accession number0001061630-25-000028

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.