---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026975"
form_type: "8-K"
ticker: "STWD"
cik: "0001465128"
company_name: "STARWOOD PROPERTY TRUST, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:50:09.524357+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Starwood Property Trust Q2 2023 GAAP EPS $0.54; Distributable Earnings $0.49 per share

## Summary
- GAAP net income of $168.8M ($0.54 diluted EPS); Distributable Earnings of $157.5M ($0.49 per share).
- Undepreciated book value per share rose to $21.46; liquidity near record $1.2B.
- Received $1.3B in loan repayments during Q2 and $0.5B subsequent to quarter end.
- Issued $381M of 2027 Sustainable Convertible Notes after quarter end; paid $0.48 dividend per share.
- Chairman cites declining transaction volumes but expects favorable lending opportunities as rates stabilize.

## SEC filing metadata
- accession: 0001628280-23-026975
- form_type: 8-K
- ticker: STWD
- cik: 0001465128
- company_name: STARWOOD PROPERTY TRUST, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465128/000162828023026975/0001628280-23-026975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465128/000162828023026975/stwd-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026975
- JSON: https://secwatch.observer/filing/0001628280-23-026975.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026975.txt

## Key facts
- Earnings Releases
  STARWOOD PROPERTY TRUST, INC. reported the quarter ended June 30, 2023 results: net income $168.8 million, EPS $0.54.
  - Period: the quarter ended June 30, 2023
  - Net income: $168.8 million
  - EPS: $0.54
  - Result: reported results
  source text: Starwood Property Trust Reports Results for Quarter Ended June 30, 2023 – Quarterly GAAP Earnings of $0.54
  evidence_url: https://www.sec.gov/Archives/edgar/data/1465128/000162828023026975/0001628280-23-026975-index.htm

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