Granite Point Mortgage Trust (GPMT) Q2 2026 Earnings Call Transcript
Granite Point Mortgage Trust (GPMT) reported Q2 2026 results on an earnings call. GAAP net loss was $62 million ($1.29/share) and distributable loss $37.7 million ($0.79/share). Book value fell to $5.70/share. CECL reserve rose to $165.8 million (11.4% of commitments). Management discussed legacy loan resolutions, JPMorgan CLO refinancing, and covenant cash levels.

