Blackstone Mortgage Trust Q2 net income of $7.0 million, up from a loss; EPS $0.04
Blackstone Mortgage Trust reported second-quarter 2025 net income attributable to the company of $7.0 million, or $0.04 per share, compared with a net loss of $61.1 million in the same quarter of 2024. Distributable EPS was $0.19, up from $0.17 in the first quarter, and the company paid a $0.47 per share dividend, while book value per share fell to $21.04 from $21.42 at March 31, 2025. The company cancelled its earnings conference call after a shooting at 345 Park Avenue, and posted prepared remarks on its website instead.
Key points
- Q2 2025 net income attributable to the company was $7.0 million, or $0.04 per share, versus a net loss of $61.1 million in Q2 2024
- Distributable EPS was $0.19 for Q2 2025 and $0.45 before charge-offs of CECL reserves
- Dividend paid was $0.47 per share; book value per share was $21.04 at June 30, 2025, down from $21.42 at March 31, 2025
- CEO Katie Keenan said the company was devastated by events at 345 Park Avenue, including the loss of colleague Wesley LePatner; the earnings call was cancelled
The filing
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 July 30, 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.