Blackstone Mortgage Trust Reports Q1 2026 Earnings and Portfolio Activity
Blackstone Mortgage Trust (BXMT) reported a GAAP loss of $0.04 per share in Q1 2026 but maintained distributable earnings of $0.21 per share and $0.49 prior to realized gains and losses. The company paid a $0.47 dividend, marking its third consecutive quarter of dividend coverage. BXMT closed $540 million in new investments and reported a 2.7% decline in book value to $20.20.
Tickers: $BXMT
Topics: Dividend Coverage Earnings Mortgage REITs Portfolio Performance Real Estate