---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-22-000117"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:01:38.442008+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Granite Point reports Q3 GAAP net loss $29.1M, distributable earnings $0.17/share

## Summary
- GAAP net loss of $29.1M ($0.56 loss per share) includes $35.4M provision for credit losses.
- Distributable earnings (non-GAAP) of $8.7M, or $0.17 per basic share.
- Book value $15.24 per share; declared $0.25/common dividend.
- Post quarter-end: resolved $114.1M non-accrual loan; expects ~$16.5M loss (already reserved).
- Portfolio $3.9B commitments, 98% floating rate, weighted avg yield LIBOR/SOFR+4.07%.

## SEC filing metadata
- accession: 0001703644-22-000117
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1703644/000170364422000117/0001703644-22-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364422000117/gpmt-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-22-000117
- JSON: https://secwatch.observer/filing/0001703644-22-000117.json
- Plain text: https://secwatch.observer/filing/0001703644-22-000117.txt

## Key facts
- Earnings Releases
  Granite Point Mortgage Trust Inc. reported the quarter ended September 30, 2022 results: net income $(29.1) million, EPS $(0.56) per basic share.
  - Period: the quarter ended September 30, 2022
  - Net income: $(29.1) million
  - EPS: $(0.56) per basic share
  - Result: reported results
  source text: Granite Point Mortgage Trust Inc. Reports Third Quarter 2022 Financial Results and Post Quarter-End Update NEW YORK, November 8, 2022 – Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ended September 30, 2022, and provided an update on its activities subsequent to quarter-end.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000170364422000117/0001703644-22-000117-index.htm

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