Blackstone Mortgage Trust, Inc. income statement
In fiscal 2023, Blackstone Mortgage Trust, Inc. reported revenue of $1.35bn, up 7.2% on the year before and net income of $247m, or $1.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2022Dec 2022 | 2023Dec 2023 | LTMJun 2024 |
|---|---|---|---|---|---|---|
| Revenue | 56 | 50 | 35 | 1,256 | 1,346 | 1,184 |
| General and administrative | 22 | 6 | 9 | 52 | 51 | 53 |
| Interest expense | 80 | 124 | 97 | 711 | 1,367 | — |
| Net interest income | 42 | 35 | 20 | 628 | 671 | 588 |
| Non-interest income | 13 | 15 | 15 | 628 | 675 | 596 |
| Non-interest expense | 22 | 6 | 9 | 162 | 170 | 146 |
| Provision for credit losses | 482 | 146 | −19 | 212 | 250 | 599 |
| Income before tax | −577 | −185 | 255 | 254 | 255 | −150 |
| Income tax | −1 | 0 | 1 | 3 | 5 | 4 |
| Net income | −576 | −185 | 258 | 249 | 247 | −158 |
| Diluted EPS | −$257.60 | −$82.80 | $107.78 | $1.46 | $1.43 | −$0.93 |
| Diluted shares (average) | 2m | 2m | 2m | 171m | 173m | 169m |
| Quarter | 2014 Q1Mar 2014 | 2014 Q2Jun 2014 | 2014 Q3Sept 2014 | 2014 Q4Dec 2014 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 42 | 50 | 58 | 335 | 308 | 288 | 254 |
| General and administrative | 3 | 15 | 3 | 6 | 12 | 13 | 14 | 14 |
| Interest expense | 12 | 16 | 20 | 21 | 354 | 351 | 344 | — |
| Net interest income | 22 | 27 | 30 | 37 | 165 | 154 | 142 | 127 |
| Non-interest income | — | — | — | — | 170 | 154 | 145 | 127 |
| Non-interest expense | 7 | 20 | 9 | 12 | 41 | 40 | 33 | 33 |
| Provision for credit losses | 0 | 0 | 0 | 0 | 97 | 115 | 235 | 152 |
| Income before tax | 14 | 38 | 23 | 25 | 32 | −1 | −122 | −59 |
| Income tax | 1 | −0 | −0 | 0 | 2 | 1 | 1 | 1 |
| Net income | 13 | 33 | 22 | 21 | 30 | −2 | −124 | −61 |
| Diluted EPS | $0.11 | $0.23 | $0.15 | $0.12 | $0.17 | −$0.01 | −$0.71 | −$0.35 |
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