---
schema_version: "secwatch.filing_event.v1"
accession: "0001061630-25-000130"
form_type: "8-K"
ticker: "BXMT"
cik: "0001061630"
company_name: "BLACKSTONE MORTGAGE TRUST, INC."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:34:10.255994+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BXMT Q3 net income $63.4M; distributable EPS prior to charge-offs $0.48 covers $0.47 dividend

## Summary
- Net income $63.4M, GAAP EPS $0.37; distributable EPS prior to charge-offs $0.48 vs $0.47 dividend, covering payout.
- Loan portfolio 96% performing (up from 94%); no new impaired loans; impaired down 71% YoY.
- $1.0B new Q3 investments including $0.6B loan originations; $1.7B originated/in closing post-quarter.
- $77M stock repurchased at avg $18.44; $1.3B liquidity; Term Loan B repriced, spread cut 100bps.
- Office exposure reduced to 29% of portfolio, down $3.7B since Q3'22.

## SEC filing metadata
- accession: 0001061630-25-000130
- form_type: 8-K
- ticker: BXMT
- cik: 0001061630
- company_name: BLACKSTONE MORTGAGE TRUST, INC.
- filed_at: 2025-10-29T23:59:59+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/1061630/000106163025000130/0001061630-25-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061630/000106163025000130/bxmt-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061630-25-000130
- JSON: https://secwatch.observer/filing/0001061630-25-000130.json
- Plain text: https://secwatch.observer/filing/0001061630-25-000130.txt

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