Blackstone Mortgage Trust (BXMT) Misses Q1 EPS by 1c

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Go back to Blackstone Mortgage Trust (BXMT) Misses Q1 EPS by 1c

Blackstone Mortgage Trust Reports First Quarter 2022 Results

April 27, 2022 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2022 results. Net income attributable to Blackstone Mortgage Trust for the first quarter was $99.7 million. First quarter EPS, Distributable EPS, and dividends paid per basic share were $0.59, $0.62, and $0.62 respectively.

Katie Keenan, Chief Executive Officer, said, BXMT achieved another quarter of strong results, driven by continued portfolio growth and stable credit performance. Looking ahead, we believe our low-leverage, floating-rate transitional loan portfolio is especially well positioned for the current environment, with our earnings set to benefit as interest rates move... More