Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has reported its first-quarter 2025 results, revealing a net loss of $0.4 million for the quarter. The first quarter EPS stood at $(0.00), while the distributable EPS was $0.17 and the distributable EPS prior to charge-offs was $0.42. Additionally, dividends paid per basic share were reported at $0.47.
Katie Keenan, the Chief Executive Officer, highlighted that BXMT experienced a quarter of momentum with $1.6 billion of new originations and $2.2 billion of repayments and resolutions, driving portfolio turnover, capital deployment, and future earnings power. The company's scaled platform and cycle-tested balance sheet, supported by $1.6 billion of liquidity, position BXMT well in the current dynamic environment.
In terms of investor information, Blackstone Mortgage Trust will host a conference call to discuss the results. The company's portfolio primarily consists of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators.
These results and the company's position come in the larger context of Blackstone, the world’s largest alternative asset manager, with nearly $1.2 trillion in assets under management.
For more detailed information, the full presentation of the first-quarter 2025 results and an updated investor presentation can be viewed on the company's website. Today the company's shares have moved -2.5% to a price of $18.48. For the full picture, make sure to review Blackstone Mortgage Trust's 8-K report.
