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AI brief of an SEC Form 8-K · Claros Mortgage Trust, Inc. (CMTG)

Claros Mortgage Trust reports Q2 GAAP net loss of $255.4 million, or $1.81 per share

Negative Impact 4 of 5 earnings Written later

Claros Mortgage Trust, Inc. (NYSE: CMTG) reported a GAAP net loss of $255.4 million, or $1.81 per share, for the quarter ended June 30, 2026, compared with a net loss of $54.3 million, or $0.39 per share, in the first quarter. The loss was driven mainly by a $208.8 million provision for CECL reserves, and book value per share fell to $8.58 from $10.33 at March 31, 2026.

Key points

  • GAAP net loss of $255.4 million, or $1.81 per share, for the quarter ended June 30, 2026; Q1 2026 net loss was $54.3 million, or $0.39 per share
  • CECL reserve provision of $208.8 million, or $1.45 per share, primarily to align reserves with anticipated near-term resolution levels
  • Book value of $8.58 per share at June 30, 2026, versus $10.33 at March 31, 2026; distributable loss of $90.8 million, or $0.63 per share
  • Subsequent to quarter-end, four loans totaling $409.5 million of UPB were resolved; total liquidity was $168 million at July 24, 2026

The filing

CompanyClaros Mortgage Trust, Inc. (CMTG)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:12 PM ET
Accession number0001193125-26-323745

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 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 29, 2026.

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.