---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-25-000028"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:40:48.457375+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blackstone Mortgage Trust FY2024 net loss $204M; Distributable EPS prior charge-offs $2.15

## Summary
- Full-year GAAP net loss $204M; EPS $(1.17); Distributable EPS prior to charge-offs $2.15 vs dividend of $2.18.
- Q4 GAAP EPS $0.21; Distributable EPS $(1.25) from $294M realized losses; prior to charge-offs $0.44.
- Loan repayments $5.2B in 2024 including $2.0B office; $1.1B impaired loans resolved in Q4 (49%).
- Closed $1.1B corporate debt refinancing; debt-to-equity ratio lowered to 3.5x; liquidity $1.5B.
- $2.0B+ new originations closed or in closing in Q1 2025; $50M common stock repurchased at $17.73/share.

## SEC filing metadata
- accession: 0001061630-25-000028
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1061630/000106163025000028/0001061630-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163025000028/bxmt-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-25-000028
- JSON: https://secwatch.observer/filing/0001061630-25-000028.json
- Plain text: https://secwatch.observer/filing/0001061630-25-000028.txt

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