Blackstone Mortgage Trust (BXMT) Tops Q2 EPS by 2c

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Go back to Blackstone Mortgage Trust (BXMT) Tops Q2 EPS by 2c

Blackstone Mortgage Trust Reports Second Quarter 2015 Results

July 28, 2015 4:01 PM EDT

NEW YORK, July 28, 2015 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its second quarter 2015 results. Net income for the second quarter was $29 million, or $0.36 per share.

Stephen D. Plavin, Chief Executive Officer, said, "This was a landmark quarter for BXMT. We closed $6.5 billion of loans, including the entire $4.9 billion GE portfolio, and added $1.73 to our book value primarily from the equity we issued to fund new investments. We enter the second half of the year with all of the drivers for significant growth in Core Earnings and... More