---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-23-000029"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:35:30.542983+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BXMT Q1 net income $118M; Distributable EPS $0.79, dividend coverage 127%

## Summary
- GAAP net income $117.8M; EPS $0.68; Distributable EPS $0.79, up 27% YoY.
- Paid $0.62 dividend per share; coverage 127%; annualized yield 14.7%.
- Book value $26.28 stable; CECL reserve $352M (3% QoQ increase).
- Portfolio $26.7B senior loans; 97% performing; no defaults; weighted avg risk rating 2.9.
- Liquidity $1.6B; no corporate debt maturities until 2026; no capital markets MTM financings.

## SEC filing metadata
- accession: 0001061630-23-000029
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061630/000106163023000029/0001061630-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163023000029/bxmt-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-23-000029
- JSON: https://secwatch.observer/filing/0001061630-23-000029.json
- Plain text: https://secwatch.observer/filing/0001061630-23-000029.txt

## Key facts
- Earnings Releases
  BLACKSTONE MORTGAGE TRUST, INC. reported first quarter ended March 31, 2023 results: net income $118 million, EPS $0.68.
  - Period: first quarter ended March 31, 2023
  - Net income: $118 million
  - EPS: $0.68
  - Result: reported results
  source text: Net income attributable to Blackstone Mortgage Trust for the first quarter was $118 million. First quarter EPS, Distributable EPS, and dividends paid per basic share were $0.68, $0.79, and $0.62 respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061630/000106163023000029/0001061630-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.