Highest-materiality recent filing
Granite Point Q1 net loss $6.0M, resolves Chicago retail loan, CECL reserve drops to 7.9%
GAAP net loss attributable to common stockholders of $(6.0)M ($(0.13)/share); distributable earnings loss $(3.0)M.
Granite Point reports Q4 GAAP net loss $27.4M; post-quarter-end loan repayments $174M
Q4 2025 GAAP net loss to common $(27.4M) ($0.58/share) includes $14.4M credit loss provision.
Exhibit 99.1 titled 'January 2026 Investor Presentation' is furnished, but its content is not included in the filed text.
Granite Point Q3 GAAP net loss $0.6M; distributable earnings loss $18.9M
GAAP net loss $(0.6)M ($0.01/sh); benefit from credit losses $1.6M ($0.03/sh).
GPMT extends JPMorgan repurchase facility termination date to April 2026
Amendment No. 13 to Master Repurchase Agreement extends Additional Advance Termination Date to April 12, 2026.
Granite Point Q2 GAAP net loss $17M; resolves nonperforming loans, buys back shares
GAAP net loss attributable to common stockholders $17.0M ($0.35 per share); distributable loss $45.3M ($0.94 per share).
Shareholders approve 10M-share incentive plan at GPMT annual meeting
Amended 2022 Omnibus Incentive Plan approved; 10,000,000 shares authorized, expires June 2035.
Granite Point Mortgage Trust adopts 10b5-1 plan to repurchase up to 1.25M shares
Plan allows repurchase of up to 1,250,000 shares of common stock commencing May 13, 2025.
GPMT reports Q1 GAAP net loss $10.6M; resolves $230M in risk-rated 5 loans
GAAP net loss $(10.6)M ($(0.22)/share); Distributable Loss $(27.7)M ($(0.57)/share).
Granite Point reports prelim Q1 net loss of $10.6M; book value $8.24; extends repo facilities
Q1 2025 GAAP net loss attributable to common stockholders estimated $(10.6)M ($0.22/share), including $(3.8)M credit loss provision.
GPMT reports Q4 GAAP net loss $42.4M ($0.86/sh); credit provision $37.2M; BV $8.47
GAAP net loss Q4 $42.4M ($0.86 per share); full-year loss $221.5M ($4.39 per share).
Granite Point appoints Patrick Halter and Lazar Nikolic to Board of Directors
Patrick Halter and Lazar Nikolic appointed to Board effective Jan 15, 2025; Halter on Compensation Committee, Nikolic on Nominating and Governance.
Steven Plust resigns as COO no later than May 1, 2025; will continue as Senior Managing Director until Dec 31, 2027.
Investor presentation filed as Exhibit 99.1 on Jan 6, 2025, providing a business overview.
Granite Point posts Q3 GAAP net loss $34.6M, book value $9.25; resolves $280M+ nonaccrual loans
GAAP net loss $34.6M ($0.69/share) includes $27.9M provision for credit losses.
Granite Point Mortgage extends JPMorgan repurchase facility maturity to Oct 2025
Amendment No. 12 to Master Repurchase Agreement with JPMorgan Chase dated Oct 29, 2024.
GPMT renegotiates repurchase-facility covenants; lowers tangible net worth floor to $600M
Minimum Tangible Net Worth reduced to $600M plus 75% of net equity proceeds after Sep 30, 2024.
Granite Point Mortgage Trust CFO Urbaszek resigns effective Dec 1; Johnson to succeed
CFO Marcin Urbaszek resigns effective Dec 1, 2024, to join a global financial institution; no disagreement with company.
Granite Point Q2 GAAP net loss $66.7M ($1.31/sh); book value $9.84
GAAP net loss of $66.7M, or $1.31 per basic share, includes $60.8M provision for credit losses.
Thirteenth Amendment to Master Repurchase Agreement with Morgan Stanley Bank, N.A.
GPMT grants 1.3M RSUs to executives and key employees, vesting over 3 years
CEO John A. Taylor granted 256,410 RSUs; other NEOs: Alpart 160,256, Urbaszek 160,256, Morral 80,128, Plust 80,128.
Granite Point Mortgage Trust annual meeting elects all six director nominees
All six director nominees elected: Dehne, Kasnet, McGrath, Sanders, Taylor, Woodhouse.
Granite Point Mortgage Trust Q1 2024 GAAP net loss $77.7M, book value $11.14
GAAP net loss attributable to common of $77.7M ($1.53/share), including $75.6M provision for credit losses.
Effective January 15, 2025, the Board of Directors (the “Board”) of Granite Point Mortgage Trust Inc. (the “Company”) appointed Patrick Halter and Lazar Nikolic to serve as members of the Board until the Company’s 2025 Annual Meeting of Stockholders.
Effective January 15, 2025, the Board of Directors (the “Board”) of Granite Point Mortgage Trust Inc. (the “Company”) appointed Patrick Halter and Lazar Nikolic to serve as members of the Board until the Company’s 2025 Annual Meeting of Stockholders.
Mr. Lebowitz will immediately begin serving as Deputy Chief Operating Officer of the Company
will assume the role of Chief Operating Officer of the Company on May 1, 2025
Steven Plust will resign from his role as Vice President, Chief Operating Officer of the Company no later than May 1, 2025
On August 25, 2024, Marcin Urbaszek notified the Board of Directors (the “ Board ”) of Granite Point Mortgage Trust Inc. (the “ Company ”) that he intends to voluntarily resign as Chief Financial Officer of the Company effective December 1, 2024
The employment agreement provides that Mr. Johnson will initially serve as the Deputy Chief Financial Officer of the Company beginning no later than October 28, 2024, and will assume the role of Chief Financial Officer of the Company on December 1, 2024
Max materiality 0.85 · Median 0.55 · Most common event earnings