Blackstone Mortgage Trust Reports Third-Quarter 2026 Results
Business Wire•29/10/2026•07:00 ET
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Key Highlights
- ➤Net loss $327 million in third-quarter 2026
- ➤Third-quarter EPS $(1.95), Distributable EPS $0.38
- ➤Distributable EPS before realized gains and losses $0.42
- ➤Fourth-quarter dividend declared at $0.30 per share
- ➤Watchlist reached its lowest level since 2019
Expert Statements
Tim Johnson, Chief Executive Officer of Blackstone Mortgage Trust
“BXMT continued to drive portfolio turnover this quarter, reducing legacy exposure. While higher rates and an elongated office recovery impacted our reserves and book value, our watchlist is now at the lowest level since 2019, and the remainder of our legacy portfolio is performing well and shrinking rapidly. After considering a variety of factors, our Board has declared a fourth quarter dividend of $0.30 per share, which we believe can be sustained through a range of rate and credit environments. With a stable, well-structured balance sheet, strong liquidity, and the breadth and scale of Blackstone’s global platform, we believe BXMT is well-positioned to dynamically allocate capital and deliver strong risk-adjusted returns for our shareholders.”
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its third-quarter 2026 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $327 million. Third-quarter EPS, Distributable EPS, Distributable EPS prior to realized gains and losses, and dividends paid per basic share were $(1.95), $0.38, $0.42, and $0.47, respectively.
In addition, BXMT declared a dividend of $0.30 per share of class A common stock with respect to the fourth quarter of 2026. This dividend is payable on January 15, 2027, to stockholders of record as of December 31, 2026.
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