---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-23-000116"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:13:56.004756+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Granite Point Q3 GAAP net loss $24.5M ($0.48/share); repays $132M convertible notes

## Summary
- GAAP net loss attributable to common stockholders of $24.5M, or $(0.48) per basic share, with $31.0M provision for credit losses.
- Pre-loss Distributable Earnings of $9.5M ($0.18/share); Distributable Loss of $7.3M after $16.8M loan write-off.
- Book value per common share $13.28; total CECL reserve $148.9M (4.9% of portfolio), up $14.3M from Q2.
- Redeemed $132M of Convertible Senior Notes due Oct. 1, 2023; no corporate debt outstanding post-redemption.
- Post-quarter JPMorgan financing facility upsized to $525M; unrestricted cash ~$178M as of Nov. 3.

## SEC filing metadata
- accession: 0001703644-23-000116
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000116/0001703644-23-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000116/gpmt-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-23-000116
- JSON: https://secwatch.observer/filing/0001703644-23-000116.json
- Plain text: https://secwatch.observer/filing/0001703644-23-000116.txt

## Key facts
- Earnings Releases
  Granite Point Mortgage Trust Inc. reported quarter ending September 30, 2023 results: net income GAAP Net (Loss) (1) of $(24.5) million, EPS $(0.48) per basic share.
  - Period: quarter ending September 30, 2023
  - Net income: GAAP Net (Loss) (1) of $(24.5) million
  - EPS: $(0.48) per basic share
  - Result: reported results
  source text: Third Quarter 2023 Activity • Recognized GAAP Net (Loss) (1) of $(24.5) million, or $(0.48) per basic share, inclusive of a $(31.0) million, or $(0.60) per basic share, provision for credit losses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703644/000170364423000116/0001703644-23-000116-index.htm

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