secwatch.observer — SEC 8-K summary
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Issuer:     BLACKSTONE MORTGAGE TRUST, INC. (BXMT)
CIK:        0001061630
Form:       8-K
Filed at:   2026-07-30T10:51:57+00:00
Accession:  0001061630-26-000071
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXMT reports Q2 net loss of $81.2M; CECL reserves rise to $410M
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- GAAP EPS $(0.48); Distributable EPS $0.31; Distributable EPS prior to realized gains/losses $0.48.
- CECL reserves increased $106M QoQ to $410M; loan portfolio 97% performing.
- Q2 investments $1.4B (78% residential/industrial/net lease); loan repayments $1.2B.
- Book value per share $19.31; paid $0.47 dividend.
- Issued $0.5B Senior Secured Notes due 2031; debt-to-equity 3.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061630/000106163026000071/0001061630-26-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061630/000106163026000071/bxmt-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001061630-26-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer