Granite Point Q2 FY26 net loss widens to $62.01 million; net interest income drops to $4.78 million

• Granite Point Mortgage Trust posted a GAAP net loss attributable to common stockholders of USD 62 million, or USD 1.29 a share.
• Distributable loss (non-GAAP) was USD 37.72 million, or USD 0.79 a share; distributable loss before realized gains and losses was USD 4.92 million, or USD 0.1 a share.
• Book value per common share was USD 5.7, inclusive of USD 3.44 per share of total CECL reserve; total CECL reserve was USD 165.8 million.
• Unrestricted cash totaled USD 58.48 million at quarter-end; total leverage ratio was 1.9x.
• Refinanced two legacy CLOs with JPMorgan, cutting weighted average cost by 38 basis points to S+2.00% from S+2.38%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Point Mortgage Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051615BIZWIRE_USPR_____20260805_BW304694) on August 05, 2026, and is solely responsible for the information contained therein.