Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(27.4) million for Q4 2025, or $(0.58) per basic weighted average common share. The company saw a net loan portfolio activity of $(30.2) million in unpaid principal balance and ended the quarter with $66.0 million in unrestricted cash.

Granite Point Mortgage Trust Inc. reported a net loss attributable to common stockholders of $(10.6) million, or $(0.22) per basic common share, for the first quarter of 2025. The company also reported distributable earnings (loss) of $(27.7) million, or $(0.57) per basic share. Despite the loss, the company made significant progress in resolving risk-rated loans and repurchased approximately 0.9 million common shares.

Granite Point Mortgage Trust Inc. reported a GAAP net loss attributable to common stockholders of $42.4 million, or $0.86 per basic common share, for Q4 2024. The company made substantial progress in resolving nonperforming loans and repurchased 1.2 million common shares.

Granite Point Mortgage Trust Inc. reported a GAAP Net Loss of $(34.6) million, or $(0.69) per basic share, and a Distributable Loss of $(38.0) million, or $(0.75) per basic share for the quarter ending September 30, 2024. The company resolved multiple nonaccrual loans and continued share buybacks.

Granite Point Mortgage Trust Inc. reported a GAAP Net Loss of $(66.7) million, or $(1.31) per basic share, and a Distributable Loss of $(9.1) million, or $(0.18) per basic share, for the second quarter of 2024. The company made progress in addressing nonearning assets, resolving loans, and repurchasing shares.

Granite Point Mortgage Trust Inc. reported a GAAP Net Loss of $(77.7) million, or $(1.53) per basic share, inclusive of a $(75.6) million provision for credit losses. Distributable Earnings were $1.3 million, or $0.03 per basic share. The company's book value per common share was $11.14 as of March 31, 2024, inclusive of $(4.17) per common share of total CECL reserve.

Granite Point Mortgage Trust Inc. reported its Q4 2023 financial results, which included a GAAP Net Loss of $(17.1) million, or $(0.33) per basic share, and a Distributable Loss of $(26.4) million, or $(0.52) per basic share. The company realized $255.2 million of total UPB in loan repayments, principal paydowns, amortization and loan resolutions and ended the quarter with over $188 million in cash on hand.

Granite Point Mortgage Trust Inc. reported a GAAP Net Loss of $(24.5) million, or $(0.48) per basic share, for the third quarter of 2023. The company recognized progress on business priorities, resolved a nonaccrual loan, and repaid corporate debt maturities. They ended the quarter with over $257 million in cash on hand and a total leverage ratio of 2.2x.

Granite Point Mortgage Trust Inc. announced its financial results for the second quarter of 2023. The company reported GAAP net income of $1.4 million, or $0.03 per basic share, and Distributable Earnings of $6.0 million, or $0.12 per basic share. Pre-loss Distributable Earnings were $10.2 million, or $0.20 per basic share. The company's book value was $13.93 per common share, inclusive of a $2.61 per common share total CECL reserve. They ended the quarter with over $235 million in cash on hand and a total leverage ratio of 2.3x.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(37.5) million, or $(0.72) per basic share, but achieved distributable earnings of $10.7 million, or $0.20 per basic share, covering the common dividend. The company maintained a conservative approach, focusing on liquidity and managing its diversified senior loan portfolio amidst a difficult economic environment.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(9.9) million, or $(0.19) per basic share, and a Distributable Loss of $(8.2) million, or $(0.16) per basic share, for the fourth quarter of 2022. The company proactively managed its balance sheet by diversifying financing sources, building liquidity, and reducing leverage.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(29.1) million, or $(0.56) per basic share, which included a $(35.4) million provision for credit losses. Distributable Earnings were $8.7 million, or $0.17 per basic share. The company closed one new multifamily loan with a total commitment of $45.0 million.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(17.4) million, or $(0.32) per basic share, and Distributable Earnings of $11.7 million, or $0.22 per basic share for the second quarter of 2022. The company's portfolio totaled $4.2 billion in total commitments with over 99% in senior loans. They ended the quarter with over $150 million in cash on hand.

Granite Point Mortgage Trust Inc. reported a GAAP net income of $1.0 million, or $0.02 per basic share, for the first quarter of 2022. The company closed on $153.7 million of total commitments and funded $172.9 million in total UPB. They realized $172.4 million in total UPB in loan repayments, principal amortization, and a loan sale.

Granite Point Mortgage Trust Inc. reported a GAAP net income of $6.7 million, or $0.13 per basic share, and Distributable Earnings of $12.7 million, or $0.24 per basic share for Q4 2021. The company closed on $248.6 million of total commitments and funded $268.7 million in total UPB. They also expanded their permanent capital base through an inaugural offering of approximately $115 million of attractively priced preferred stock.

Granite Point Mortgage Trust Inc. reported GAAP net income of $18.6 million, or $0.34 per basic share, which included a release of prior CECL reserves of $5.8 million. The company closed eight loans with $311.7 million of total commitments. They also priced a $621 million managed CRE CLO with an initial advance rate of 80.875%.

Granite Point Mortgage Trust Inc. announced its financial results for the second quarter of 2021, reporting a GAAP net income of $14.2 million, or $0.26 per basic share, and Distributable Earnings of $15.7 million, or $0.29 per basic share. The company's book value per share grew to $17.27. They closed an $824 million CRE CLO and extended the maturity of several repurchase facilities.

Granite Point reported a strong start to 2021 with solid financial results, successful execution of liabilities management strategy, and restarting new loan originations. The company generated earnings well in excess of its dividend and drove growth in book value per share.

Granite Point Mortgage Trust Inc. reported a GAAP net income of $23.1 million, or $0.42 per basic share, and Distributable Earnings of $18.4 million, or $0.33 per basic share for Q4 2020. The company's net interest income was $27.4 million, and it declared a cash dividend of $0.20 per common share and a non-recurring special dividend of $0.25 per common share.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(24.7) million, or $(0.45) per basic share, inclusive of $(43.7) million of one-time restructuring charges. Core Earnings were $15.0 million, or $0.27 per basic share, excluding the one-time restructuring charges. The company declared a dividend of $0.20 per common share and ended the quarter with over $353 million in cash on hand.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(1.7) million, or $(0.03) per basic share, and Core Earnings of $13.8 million, or $0.25 per basic share, inclusive of $(6.9) million realized loss on a loan sale. The book value was $17.47 per common share.

Granite Point Mortgage Trust Inc. reported a GAAP net loss of $(37.2) million, or $(0.68) per basic share, and Core Earnings of $17.5 million, or $0.32 per basic share for the quarter ended March 31, 2020. The company closed on $200.4 million of new loan commitments and funded an additional $62.2 million on existing loan commitments.

Granite Point Mortgage Trust Inc. reported a GAAP net income of $17.7 million, or $0.32 per basic share, and Core Earnings of $18.7 million, or $0.34 per basic share for Q4 2019. They also announced an agreement to internalize the Company’s management function.