---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-24-000124"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:09:24.135555+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Granite Point Q2 GAAP net loss $66.7M ($1.31/sh); book value $9.84

## Summary
- GAAP net loss of $66.7M, or $1.31 per basic share, includes $60.8M provision for credit losses.
- Distributable loss of $9.1M ($0.18/sh); excluding write-offs, loss was $2.5M ($0.05/sh).
- Book value per common share fell to $9.84 from prior quarter; total CECL reserve $266.9M (9.7% of commitments).
- Resolved $35.7M loan by taking title to office property; modified $37.5M loan, wrote off $4.2M mezzanine note.
- Post quarter-end: resolved $37.1M loan in LA expecting ~$22.2M write-off; July loan repayments ~$143M.

## SEC filing metadata
- accession: 0001703644-24-000124
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2024-08-05T23:59:59+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/1703644/000170364424000124/0001703644-24-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364424000124/gpmt-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-24-000124
- JSON: https://secwatch.observer/filing/0001703644-24-000124.json
- Plain text: https://secwatch.observer/filing/0001703644-24-000124.txt

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