Blackstone Mortgage Trust Q3 2025 Earnings Release

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) reported its third-quarter 2025 financial results, with a net income attributable to the company of $63.4 million. The company achieved a GAAP EPS of $0.37 and a Distributable EPS of $0.24, with a Distributable EPS prior to charge-offs of $0.48. The quarterly dividend paid was $0.47 per share, representing a 10.4% annualized yield. The company highlighted strong performance across its business segments, including earnings power, investment activity, credit performance, and balance sheet optimization. Blackstone Mortgage Trust also reported $1.0 billion in total investments for the quarter, with $0.6 billion in loan originations and $0.3 billion in a bank loan portfolio acquisition. The company's loan portfolio performance improved to 96%, driven by $0.4 billion in impaired loan resolutions above aggregate carrying value.