---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-25-000069"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:55:36.002318+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Granite Point reports prelim Q1 net loss of $10.6M; book value $8.24; extends repo facilities

## Summary
- Q1 2025 GAAP net loss attributable to common stockholders estimated $(10.6)M ($0.22/share), including $(3.8)M credit loss provision.
- Book value per common share estimated $8.24 as of March 31, 2025; unrestricted cash $74M as of April 28.
- Extended maturities of all repurchase facilities by ~1 year: JPMorgan to July 2026, Morgan Stanley to June 2026, Citibank to April 2026.
- Year-to-date realized over $70M in principal repayments; expects up to ~$90M more, primarily office loans.
- Resolved two risk-rated "5" loans YTD; no new risk-rated "4" or "5" loans in Q1.

## SEC filing metadata
- accession: 0001703644-25-000069
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703644/000170364425000069/0001703644-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364425000069/gpmt-20250425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-25-000069
- JSON: https://secwatch.observer/filing/0001703644-25-000069.json
- Plain text: https://secwatch.observer/filing/0001703644-25-000069.txt

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