earnings
confidence high
sentiment negative
materiality 0.80
Claros Mortgage Q2 GAAP net loss $255.4M ($1.81/sh); CECL provision $208.8M
Claros Mortgage Trust, Inc.
2026-Q2 EPS reported
-$2.20
revenue$59,232,000
- GAAP net loss of $255.4M ($1.81 per share); distributable loss of $90.8M ($0.63 per share).
- Provision for CECL reserves of $208.8M ($1.45 per share), primarily for anticipated near-term resolutions.
- Book value per share fell to $8.58 from $10.33 at Q1 2026.
- Subsequent to quarter-end, resolved four loans totaling $409.5M UPB, including a discounted payoff and loan sale.
- Total liquidity increased to $168M at July 24, 2026 from $103M at June 30, 2026.