---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-24-000068"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:17:07.692032+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blackstone Mortgage Trust Q1 GAAP EPS -$0.71, Distributable EPS $0.33

## Summary
- Net loss attributable to BXMT of $124M; GAAP basic EPS ($0.71) vs. $0.68 in Q1 2023.
- Distributable EPS $0.33; Distributable EPS prior to charge-offs $0.65, covering 105% of $0.62 dividend.
- Collected $1.0B in loan repayments (56% US office); loan fundings $353M.
- CECL reserves increased to $766M from $592M at year-end; non-performance concentrated in US office.
- Book value per share $23.83, includes $4.40/share CECL reserves; liquidity $1.7B.

## SEC filing metadata
- accession: 0001061630-24-000068
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1061630/000106163024000068/0001061630-24-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163024000068/bxmt-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-24-000068
- JSON: https://secwatch.observer/filing/0001061630-24-000068.json
- Plain text: https://secwatch.observer/filing/0001061630-24-000068.txt

## Key facts
- Earnings Releases
  BLACKSTONE MORTGAGE TRUST, INC. reported the first quarter ended March 31, 2024 results: net income $124 million, EPS ($0.71).
  - Period: the first quarter ended March 31, 2024
  - Net income: $124 million
  - EPS: ($0.71)
  - Result: reported results
  source text: The net loss attributable to Blackstone Mortgage Trust for the quarter was $124 million. First quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.71), $0.33, $0.65, and $0.62, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061630/000106163024000068/0001061630-24-000068-index.htm

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