---
schema_version: "secwatch.filing_event.v1"
accession: "0001703644-25-000075"
form_type: "8-K"
ticker: "GPMT"
cik: "0001703644"
company_name: "Granite Point Mortgage Trust Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T12:49:06.226069+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GPMT reports Q1 GAAP net loss $10.6M; resolves $230M in risk-rated 5 loans

## Summary
- GAAP net loss $(10.6)M ($(0.22)/share); Distributable Loss $(27.7)M ($(0.57)/share).
- Book value $8.24/share; CECL reserve $180.2M (8.8% of loan commitments).
- Repurchased 0.9M shares at avg $2.84 for $2.5M, accreted BV $0.10/share.
- Post-Q1: extended all repurchase facilities ~1 year; resolved two risk-5 loans totaling ~$132M with pre-reserved write-offs ~$36.9M.
- Cash $86.3M at May 5; full payoffs on two office loans $32.1M in Q2.

## SEC filing metadata
- accession: 0001703644-25-000075
- form_type: 8-K
- ticker: GPMT
- cik: 0001703644
- company_name: Granite Point Mortgage Trust Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703644/000170364425000075/0001703644-25-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703644/000170364425000075/gpmt-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703644-25-000075
- JSON: https://secwatch.observer/filing/0001703644-25-000075.json
- Plain text: https://secwatch.observer/filing/0001703644-25-000075.txt

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