Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
|
Granite Point Mortgage Trust Inc. (GPMT)
|
|
| Balance Sheet |
|
|
|
| Standardized | As Reported |
Annual | Quarterly |
|
| In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
| ASSETS | | | | | | | | |
| Loans held-for-investment | | | | | | | | |
| Allowance for credit losses | | | | | | | | |
| Carrying value | | | | | | | | |
| Cash and cash equivalents | 235.8 | 223.4 | 133.1 | 168.4 | 150.2 | 148.2 | 191.9 | 154.9 |
| Restricted cash | 41.0 | 3.3 | 7.0 | 45.2 | 69.5 | 106.0 | 12.4 | 20.6 |
| Real estate owned, net | 18.2 | | | | | | | |
| Accrued interest receivable | 13.2 | 13.9 | 13.4 | 11.1 | 11.5 | 11.1 | 10.7 | 9.9 |
| Other assets | 36.6 | 52.3 | 32.7 | 37.5 | 35.9 | 31.1 | 32.2 | 99.6 |
| Total Assets | 3,310.9 | 3,475.3 | 3,454.1 | 3,782.7 | 4,097.0 | 4,046.8 | 3,988.5 | 3,899.2 |
| |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | | |
| Liabilities | | | | | | | | |
| Repurchase facilities | 1,072.1 | 1,191.6 | 1,015.6 | 1,196.0 | 1,271.7 | 748.6 | 677.3 | 916.8 |
| Securitized debt obligations | 999.8 | 1,039.4 | 1,138.7 | 1,224.0 | 1,425.6 | 1,632.0 | 1,677.6 | 1,356.4 |
| Asset-specific financings | 45.8 | 45.8 | 44.9 | 44.9 | 43.6 | 43.6 | 43.6 | 44.8 |
| Secured credit facility | 100.0 | 100.0 | 100.0 | | | | | |
| Convertible senior notes | 131.4 | 131.1 | 130.9 | 274.3 | 273.8 | 273.4 | 272.9 | 272.5 |
| Dividends payable | 14.3 | 14.3 | 14.3 | 17.0 | 17.0 | 17.4 | 14.4 | 13.7 |
| Other liabilities | 23.0 | 20.6 | 25.0 | 21.8 | 20.5 | 21.5 | 21.4 | 25.1 |
| Total Liabilities | 2,386.4 | 2,542.9 | 2,469.4 | 2,778.0 | 3,052.2 | 2,957.3 | 2,974.3 | 2,966.0 |
| |
| Commitments and Contingencies | | | | | | | | |
| 10.00% cumulative redeemable preferred stock, par value $0.01 per share; 50,000,000 shares authorized | | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | |
| |
| Stockholders’ Equity | | | | | | | | |
| 7.00% Series A cumulative redeemable preferred stock, par value $0.01 per share; 11,500,000 shares authorized, and 8,229,500 and 8,229,500 shares issued and outstanding, respectively; liquidation preference $25.00 per share | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | |
| Common stock | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Additional paid-in capital | 1,200.6 | 1,198.3 | 1,202.3 | 1,201.7 | 1,199.4 | 1,213.3 | 1,125.2 | 1,037.4 |
| Cumulative earnings | 101.9 | 96.9 | 130.7 | 136.9 | 162.4 | 176.2 | 171.5 | 164.1 |
| Cumulative distributions to stockholders | -378.8 | -364.4 | -350.1 | -335.7 | -318.7 | -301.7 | -284.3 | -269.9 |
| Total Granite Point Mortgage Trust Inc. Stockholders’ Equity | 924.3 | 931.3 | 983.5 | 1,003.5 | 1,043.7 | 1,088.4 | 1,013.1 | 932.1 |
| Non-controlling interests | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total Equity | 924.4 | 931.5 | 983.7 | 1,003.6 | 1,043.8 | 1,088.5 | 1,013.2 | 932.2 |
| Total Liabilities and Stockholders’ Equity | 3,310.9 | 3,475.3 | 3,454.1 | 3,782.7 | 4,097.0 | 4,046.8 | 3,988.5 | 3,899.2 |
|