secwatch.observer — SEC 8-K summary
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Issuer:     BLACKSTONE MORTGAGE TRUST, INC. (BXMT)
CIK:        0001061630
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001061630-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackstone Mortgage Trust Q2 Distributable EPS $0.67, portfolio grows to $26.5B
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- Q2 net income $93.3M; GAAP EPS $0.55; Distributable EPS $0.67, up from $0.62 in Q1.
- Dividend declared $0.62/share, 108% coverage; 99.9% floating-rate portfolio.
- Portfolio grew $1.4B net to $26.5B; $3.0B originations at average 59% LTV.
- Each 100bp rate increase adds ~$0.15/share annual incremental EPS.
- Liquidity $1.5B; raised $500M 7-year Term Loan B; no credit downgrades, 100% interest collections.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061630/000106163022000038/0001061630-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061630/000106163022000038/bxmt-20220727.htm
  HTML page:      https://secwatch.observer/filing/0001061630-22-000038

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