Blackstone Mortgage Trust (BXMT) Tops Q4 EPS by 4c

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Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2019 Results

February 11, 2020 4:16 PM EST

NEW YORK, Feb. 11, 2020 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2019 results. Full year EPS, Core EPS, and dividends paid per share were $2.35, $2.70, and $2.48 respectively.

Stephen D. Plavin, Chief Executive Officer, said, "Strong performance on both sides of the balance sheet drove outstanding 4Q and 2019 results. The $3.0 billion of fourth quarter originations took our total portfolio to a record size of $17.9 billion while we continued to improve the efficiency and structure of our financing. Dividend coverage of 109% from full year Core... More