Granite Point Mortgage Trust
Logotype for Granite Point Mortgage Trust Inc

Granite Point Mortgage Trust (GPMT) investor relations material

Granite Point Mortgage Trust Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Granite Point Mortgage Trust Inc
Q4 2025 earnings summary12 Feb, 2026

Executive summary

  • Reported a Q4 2025 GAAP net loss attributable to common stockholders of $27.4 million, or $(0.58) per share, driven by a $14.4 million provision for credit losses and a $6.8 million REO impairment.

  • Achieved five loan resolutions, seven full loan repayments, one REO sale, and reduced cost of debt, with positive momentum into early 2026.

  • Distributable earnings (non-GAAP) for Q4 were $(2.7) million, or $(0.06) per share.

  • Book value per common share at year-end was $7.29, reflecting credit loss reserves.

  • Portfolio expected to shrink through mid-2026, with regrowth and new originations targeted for the latter half of 2026.

Financial highlights

  • Q4 provision for credit losses was $14.4 million; full year 2025 GAAP net loss was $(55.6) million, or $(1.16) per share.

  • Book value at year-end was $7.29 per share, down $0.65 from Q3, mainly due to credit loss provision and REO impairment.

  • Aggregate CECL reserve at year-end was $148.4 million, or 8.4% of portfolio commitments.

  • Q4 realized loan portfolio yield was 6.7%; annualized dividend yield was 8.3% with a $0.05 dividend per share declared.

  • Held $98.0 million in REO assets at year-end, including a $6.8 million impairment.

Outlook and guidance

  • Market momentum from 2025 has continued into early 2026, with expectations for increased transaction activity and liquidity.

  • Plans to reallocate capital to new loan originations later in 2026, leveraging improved cost structure and lower leverage.

  • Focus remains on reducing higher cost debt and progressing asset resolutions to improve net interest spread.

  • Unrestricted cash as of February 9, 2026, was approximately $55.1 million.

  • Management remains focused on portfolio repositioning and risk management.

Capital allocation strategy for new originations
Key risks to future book value stability?
Path to resolve 5-rated loans and REO assets
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Granite Point Mortgage Trust earnings date

Logotype for Granite Point Mortgage Trust Inc
Q1 20266 May, 2026
Granite Point Mortgage Trust
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Granite Point Mortgage Trust earnings date

Logotype for Granite Point Mortgage Trust Inc
Q1 20266 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Granite Point Mortgage Trust Inc. is a real estate investment trust (REIT) that focuses on originating, investing in, and managing commercial real estate loans. The company primarily provides senior floating-rate loans for properties such as office buildings, multifamily residences, industrial properties, and hotels. Granite Point aims to generate income through its investment portfolio by providing financing solutions for real estate developers and investors. The company is headquartered in New York, New York, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage