secwatch.observer — SEC 8-K summary
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Issuer:     Granite Point Mortgage Trust Inc. (GPMT)
CIK:        0001703644
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001703644-26-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Point reports Q4 GAAP net loss $27.4M; post-quarter-end loan repayments $174M
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- Q4 2025 GAAP net loss to common $(27.4M) ($0.58/share) includes $14.4M credit loss provision.
- Distributable Loss $(2.7M) ($0.06/share); book value per share $7.29 with $3.12 CECL reserve.
- Full year 2025 GAAP net loss $(55.6M) ($1.16/share); realized $468.7M in loan repayments/resolutions.
- Post-quarter-end: two loan repayments totaling $174.3M; repurchase facility cost cut 60bps to ~S+2.49%.
- Leverage ratio reduced from 2.0x to ~1.7x; unrestricted cash $55.1M as of Feb 9, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000006/0001703644-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000006/gpmt-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001703644-26-000006

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