Blackstone Mortgage Trust, Inc. (BXMT)

Blackstone Mortgage Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	1,615	1,769	2,038	1,339	854.69	779.65
Total Interest Expense	1,188	1,290	1,367	710.9	340.22	347.47
Net Interest Income	426.5	479.07	670.67	628.05	514.47	432.18
Other Revenue	50.07	13.04	-	-	-	-
Revenue Before Loan Losses	476.58	492.11	670.67	628.05	514.47	432.18
Provision for Loan Losses	353.44	538.8	249.79	211.51	-39.86	167.65
Revenue	123.14	-46.69	420.88	416.55	554.33	264.52
Revenue Growth (YoY)	-24.93%	-	1.04%	-24.86%	109.56%	-37.64%
Salaries & Employee Benefits	30.68	31.83	30.66	33.41	31.65	53.81
Cost of Services Provided	163.64	118.95	139.58	129.07	99.99	69.98
Total Operating Expenses	194.32	150.77	170.23	162.49	131.64	123.79
Operating Income	-71.18	-197.46	250.64	254.06	422.7	140.74
Earnings From Equity Investments	-3.62	-2.75	-	-	-	-
EBT Excluding Unusual Items	-79.31	-204.81	250.64	254.06	422.7	140.74
Other Unusual Items	2.39	5.35	4.62	-	-	-
Pretax Income	-76.92	-199.46	255.26	254.06	422.7	140.74
Income Tax Expense	2.09	2.37	5.36	3	0.42	0.32
Earnings From Continuing Ops.	-79.01	-201.83	249.9	251.06	422.27	140.41
Minority Interest in Earnings	-1.59	-2.26	-3.34	-2.42	-3.08	-2.74
Net Income	-80.61	-204.09	246.56	248.64	419.19	137.67
Net Income to Common	-80.61	-204.09	246.56	248.64	419.19	137.67
Net Income Growth	-	-	-0.84%	-40.69%	204.49%	-54.95%
Shares Outstanding (Basic)	173	174	173	171	152	142
Shares Outstanding (Diluted)	173	174	173	171	152	142
Shares Change (YoY)	0.14%	0.64%	1.20%	12.61%	6.86%	9.00%
EPS (Basic)	-0.47	-1.17	1.43	1.46	2.77	0.97
EPS (Diluted)	-0.47	-1.17	1.43	1.46	2.77	0.97
EPS Growth	-	-	-2.01%	-47.33%	184.95%	-58.67%
Dividend Per Share	2.030	2.180	2.480	2.480	2.480	2.480
Dividend Growth	-18.14%	-12.10%	-	-	-	-
Operating Margin	-57.81%	-	59.55%	60.99%	76.25%	53.20%
Profit Margin	-65.46%	-	58.58%	59.69%	75.62%	52.04%
Effective Tax Rate	-	-	2.10%	1.18%	0.10%	0.23%

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q