secwatch.observer — SEC 8-K summary
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Issuer:     BLACKSTONE MORTGAGE TRUST, INC. (BXMT)
CIK:        0001061630
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001061630-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXMT Q3 GAAP EPS $0.60, Distributable EPS $0.71; dividend $0.62 covered at 115%
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- Net income $103.2M; GAAP EPS $0.60; Distributable EPS $0.71, up 13% YoY.
- Q3 dividend $0.62/share (10.3% annualized yield); 115% coverage by Distributable Earnings.
- Portfolio $26.1B (100% floating-rate), 99% performing; record liquidity $1.7B.
- Weighted avg origination LTV 64%; rate caps on 96% of portfolio; no capital markets mark-to-market.
- Q3 originations $438M (78% industrial) at avg 58% LTV and +5.41% yield.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061630/000106163022000050/0001061630-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061630/000106163022000050/bxmt-20221026.htm
  HTML page:      https://secwatch.observer/filing/0001061630-22-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer