Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2023 Results

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2023 results. Net income attributable to Blackstone Mortgage Trust for the full year was $247 million. Full year EPS, Distributable EPS, and dividends paid per basic share were $1.43, $3.05, and $2.48 respectively.

Katie Keenan, Chief Executive Officer, said, “BXMT's 4Q and full-year results demonstrated the resilience of our business amidst a challenging 2023, with strong earnings, continued repayments and near-record liquidity maintained throughout the year. Entering 2024, we are well-positioned to strategically manage our portfolio while capitalizing on emerging opportunities.”

Blackstone Mortgage Trust issued a full presentation of its fourth quarter and full year 2023 results, which can be viewed at www.bxmt.com. An updated investor presentation may also be viewed on the website.

Quarterly Investor Call Details

Blackstone Mortgage Trust will host a conference call today at 9:00 a.m. ET to discuss results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1649876&tp_key=c2bbcd5 .... For those unable to listen to the live broadcast, a recorded replay will be available on the company's website at www.bxmt.com beginning approximately two hours after the event.

About Blackstone Mortgage Trust

Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. Our portfolio is composed primarily of loans secured by high-quality, institutional assets in major markets, sponsored by experienced, well-capitalized real estate investment owners and operators. These senior loans are capitalized by accessing a variety of financing options, depending on our view of the most prudent strategy available for each of our investments. We are externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone. Further information is available at www.bxmt.com.