---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-24-000033"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T01:59:02.914710+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BXMT reports FY 2023 Distributable EPS of $3.05, dividend coverage 123%; Q4 GAAP loss $0.01 per share

## Summary
- Full year 2023 net income $247M, GAAP EPS $1.43; Distributable EPS $3.05 covers $2.48 dividend at 123%.
- Q4 2023 GAAP net loss $2.4M ($0.01/share); Distributable EPS $0.69 supports 111% dividend coverage.
- $3.8B in loan repayments collected in 2023 ($0.6B in Q4); 93% of portfolio performing at year-end.
- CECL reserves rose $250M to $592M; book value per share $25.16, down 3% YoY.
- No corporate debt maturities until 2026; year-end liquidity $1.7B, leverage reduced to 3.7x.

## SEC filing metadata
- accession: 0001061630-24-000033
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061630/000106163024000033/0001061630-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163024000033/bxmt-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-24-000033
- JSON: https://secwatch.observer/filing/0001061630-24-000033.json
- Plain text: https://secwatch.observer/filing/0001061630-24-000033.txt

## Key facts
- Earnings Releases
  BLACKSTONE MORTGAGE TRUST, INC. reported the fourth quarter and full year ended December 31, 2023 results: net income Net income attributable to Blackstone Mortgage Trust for the full year was $247 million, EPS Full year EPS, Distributable EPS, and dividends paid per basic share were $1.43, $3.05, and $2.48 respectively.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Net income: Net income attributable to Blackstone Mortgage Trust for the full year was $247 million
  - EPS: Full year EPS, Distributable EPS, and dividends paid per basic share were $1.43, $3.05, and $2.48 respectively
  - Result: reported results
  source text: Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2023 results. Net income attributable to Blackstone Mortgage Trust for the full year was $247 million. Full year EPS, Distributable EPS, and dividends paid per basic share were $1.43, $3.05, and $2.48 respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061630/000106163024000033/0001061630-24-000033-index.htm

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