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Dec 31, 2019

Blackstone Mortgage Trust Q4 2019 Earnings Report

Blackstone Mortgage Trust reported strong Q4 and full year 2019 results.

Key Takeaways

Blackstone Mortgage Trust reported strong fourth quarter results, driven by strong performance on both sides of the balance sheet. The company originated $3.0 billion in loans during the quarter, bringing the total portfolio to a record size of $17.9 billion.

Originated $3.0 billion in loans in Q4.

Total portfolio reached a record size of $17.9 billion.

Improved the efficiency and structure of financing.

Full year dividend coverage of 109% from Core Earnings.

Total Revenue
$110M
Previous year: $102M
+7.4%
EPS
$0.68
Previous year: $0.69
-1.4%
Cash and Equivalents
$150M
Total Assets
$16.6B

Blackstone Mortgage Trust

Blackstone Mortgage Trust

Forward Guidance

The earnings report does not include any forward guidance.