For the quarter ending 2025-09-30, GPMT made $71,583K in revenue. -$565K in net income. Net profit margin of -0.79%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans held-for-investment | 33,006 | 33,024 | ||
| Cash and cash equivalents | 714 | 779 | ||
| Total interest income | 33,720 | 33,803 | ||
| Repurchase facilities | 8,852 | 10,590 | ||
| Securitized debt obligations | 12,178 | 12,604 | ||
| Secured credit facility | 2,394 | 2,564 | ||
| Total interest expense | 23,424 | 25,758 | ||
| Net interest income | 10,296 | 8,045 | ||
| Revenue from real estate owned operations | 3,620 | 3,753 | ||
| Benefit from (provision for) credit losses | -1,643 | 10,984 | ||
| Gain (loss) on sale of real estate owned | 0 | 301 | ||
| (loss) gain on extinguishment of debt | 0 | - | ||
| Total other (loss) income | 5,263 | -6,930 | ||
| Compensation and benefits | 4,067 | 5,718 | ||
| Servicing expenses | 862 | 817 | ||
| Expenses from real estate owned operations | 5,776 | 5,227 | ||
| Other operating expenses | 1,757 | 2,717 | ||
| Total expenses | 12,462 | 14,479 | ||
| Income (loss) before income taxes | 3,097 | -13,364 | ||
| Provision for (benefit from) income taxes | 62 | -1 | ||
| Net income (loss) | 3,035 | -13,363 | ||
| Dividends on preferred stock | 3,600 | 3,601 | ||
| Net (loss) income attributable to common stockholders - diluted | -565 | -16,964 | ||
| Basic (in shares) | 47,394,519 | 48,030,130 | ||
| Basic (loss) earnings per weighted average common share (in usd per share) | -0.01 | -0.35 | ||
| Diluted (in shares) | 47,394,519 | 48,030,130 | ||
| Diluted (loss) earnings per weighted average common share (in usd per share) | -0.01 | -0.35 | ||
Granite Point Mortgage Trust Inc. (GPMT)
Granite Point Mortgage Trust Inc. (GPMT)