---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-24-000133"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:39:21.563659+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Granite Point posts Q3 GAAP net loss $34.6M, book value $9.25; resolves $280M+ nonaccrual loans

## Summary
- GAAP net loss $34.6M ($0.69/share) includes $27.9M provision for credit losses.
- Distributable loss $38.0M ($0.75/share) with $44.6M loan write-offs and $8.8M recoveries.
- Book value per share $9.25; CECL reserve $259M (10.5% of loan commitments).
- Resolved nonaccrual loans totalling $284.7M in Q3; post-quarter-end resolved $32.9M loan with expected write-off $16.6M.
- Expects to resolve >$250M additional nonaccrual loans in coming months; repurchased 0.7M shares at avg $2.73.

## SEC filing metadata
- accession: 0001703644-24-000133
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2024-11-06T23:59:59+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/1703644/000170364424000133/0001703644-24-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364424000133/gpmt-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-24-000133
- JSON: https://secwatch.observer/filing/0001703644-24-000133.json
- Plain text: https://secwatch.observer/filing/0001703644-24-000133.txt

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