Granite Point Mortgage Trust(US:GPMT)2025-11-06 16:00Financial Performance - The company reported a GAAP Net Loss attributable to common stockholders of $0.6 million, or $(0.01) per basic weighted average common share[8, 13] - Distributable Earnings (Loss) was $(18.9) million, or $(0.40) per basic weighted average common share[7, 8] - Distributable Earnings (Loss) Before Realized Gains and Losses was $0.9 million, or $0.02 per basic weighted average common share[8] Portfolio Overview - The total loan portfolio commitments reached $1.8 billion across 44 loan investments[7, 8] - The unpaid principal balance (UPB) of the loan portfolio was $1.7 billion[7, 25] - The weighted average stabilized Loan-to-Value (LTV) at origination was 65.0%[7, 24, 25] - The company held two Real Estate Owned (REO) assets with an aggregate carrying value of $105.5 million[7, 8] - The total CECL reserve was $133.6 million, representing 7.4% of total loan portfolio commitments[7, 8] Capitalization and Liquidity - The company had $62.7 million in unrestricted cash[7, 8, 10] - The Total Leverage Ratio was 1.9x[7, 8]