---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-23-000105"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:18:47.742502+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Granite Point Q2 GAAP net income $1.4M ($0.03/sh); Pre-loss DE $0.20 covers dividend

## Summary
- Pre-loss Distributable Earnings $10.2M ($0.20/sh) covers $0.20/common dividend; GAAP net income $1.4M ($0.03/sh).
- Book value $13.93 per share; total CECL reserve $134.6M (4.1% of portfolio), including $62.3M specific reserves.
- Portfolio $3.3B commitments, >99% senior loans, 98% floating rate, weighted average stabilized LTV 62.9%, yield 8.2%.
- Ended Q2 with >$235M cash; leverage 2.3x; extended Morgan Stanley/Goldman facilities to June/July 2024.
- Post quarter-end: funded $9.7M, received $22.6M payoffs; extended J.P. Morgan facility to July 2025; >$225M cash.

## SEC filing metadata
- accession: 0001703644-23-000105
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000105/0001703644-23-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000105/gpmt-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-23-000105
- JSON: https://secwatch.observer/filing/0001703644-23-000105.json
- Plain text: https://secwatch.observer/filing/0001703644-23-000105.txt

## Key facts
- Earnings Releases
  Granite Point Mortgage Trust Inc. reported fiscal quarter ended June 30, 2023 results: net income GAAP net income of $1.4 million, or $0.03 per basic share, inclusive of a $(5.8) million, or $(0.11) per basic share, pr, EPS $0.03 per basic share.
  - Period: fiscal quarter ended June 30, 2023
  - Net income: GAAP net income of $1.4 million, or $0.03 per basic share, inclusive of a $(5.8) million, or $(0.11) per basic share, pr
  - EPS: $0.03 per basic share
  - Result: reported results
  source text: Granite Point Mortgage Trust Inc. Reports Second Quarter 2023 Financial Results and Post Quarter-End Update NEW YORK, August 8, 2023 – Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ending June 30, 2023, and provided an update on its activities subsequent to quarter-end.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000105/0001703644-23-000105-index.htm

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