secwatch.observer — SEC 8-K summary
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Issuer:     STARWOOD PROPERTY TRUST, INC. (STWD)
CIK:        0001465128
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001628280-24-045444
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starwood Property Trust Q3 2024 GAAP EPS $0.23, DE $0.48; record liquidity $1.8B
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- GAAP net income $76.1M ($0.23 per diluted share), including $66.4M credit loss provision.
- Distributable Earnings $159.0M ($0.48 per share); dividend maintained at $0.48 per share.
- Originated or acquired $2.1B of assets in Q3, highest quarterly volume since Fed began raising rates.
- Raised $800M of capital, boosting liquidity to record $1.8B; leverage ratio 2.1x.
- Undepreciated book value per share $20.22; commercial lending book now 60% of total assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465128/000162828024045444/0001628280-24-045444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465128/000162828024045444/stwd-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-045444

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