Company Analysis

Granite Point Mortgage Trust Inc. (GPMT)

NYSE: GPMT · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2017
Grade4.2
◀ Past 6.2● Present 3.5▶ Future 3.7

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 2, 2026Feb 27, 2025Mar 1, 2024Mar 2, 2023Feb 25, 2022Mar 5, 2021Mar 2, 2020Feb 27, 2019Mar 16, 2018·
For lenders
Interest and dividend income131,730185,551263,735210,854198,288237,713246,257183,880117,83760,828
Net interest income··82,00084,72592,708124,778109,27592,35775,37449,799
Provision for credit losses····-16,02949,9740000
Total costs and expenses61,16750,07343,29036,69735,27195,11840,27530,73022,07314,656
Interest expense97,882149,668181,735126,129105,580112,935136,98291,52342,46311,029
Total non-operating income (expense)-13,684-192,871-101,813-88,83611,108-69,5061,2101,4460203
Income before income taxes-41,003-207,061-63,103-40,80868,545-39,84670,21063,07353,30135,346
Income tax expense149-109517192593-4-2-4-11
Net income-41,152-207,051-63,198-40,82568,353-40,43970,21463,07553,30535,357
Preferred dividends14,40114,40114,45114,502793100100100500
Net income to common shareholders-55,553-221,452-77,649-55,32767,560-40,53970,11462,97525,773r0r
Earnings per share, basic-1.16-4.39-1.50-1.041.24-0.731.321.450.600.00
Earnings per share, diluted-1.16-4.39-1.50-1.041.23-0.731.321.420.600.00
Earnings per share, basic and diluted········0.600.00
Weighted average shares, basic47,870,23550,423,24351,641,61953,011,80654,593,49955,156,48253,087,39543,445,38443,234,671r0
Weighted average shares, diluted47,870,23550,423,24351,641,61953,011,80654,929,07055,156,48253,087,39552,039,99743,234,6710
Weighted average shares, basic and diluted········43,234,6710
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton GPMT · research, not advice