---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-25-000103"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T22:47:18.489785+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BXMT Q2 net income $7M; distributable EPS $0.19; portfolio grows to $18.4B

## Summary
- GAAP EPS $0.04; Distributable EPS prior to charge-offs $0.45 excluding $45M realized loss from loan resolution.
- Portfolio $18.4B (144 loans); originated $2.6B, collected $1.6B repayments; resolved $0.2B impaired loans above carrying value.
- Book value per share $21.04; CECL reserves $755M (3.8% of principal); dividend $0.47/shr (9.7% annualized yield).
- Term Loan B repriced: reduced spread by 65bps, extended maturity to 2030; quarter-end liquidity $1.1B.
- Company canceled earnings call due to tragedy at 345 Park Avenue; CEO comments on loss of colleague.

## SEC filing metadata
- accession: 0001061630-25-000103
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061630/000106163025000103/0001061630-25-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163025000103/bxmt-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-25-000103
- JSON: https://secwatch.observer/filing/0001061630-25-000103.json
- Plain text: https://secwatch.observer/filing/0001061630-25-000103.txt

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