Granite Point Mortgage Trust

Q2 FY2026 EarningsQ2 FY26 results significantly missed consensus expectations across bottom-line metrics, primarily driven by a heavy $47.0 million provision for credit losses and $29.7 million in realized write-offs. Revenue reached $7.85B, in-line with expectations, but GAAP EPS of -$1.29 was substantially lower than the -$0.16 consensus. Book Value Per Share (BVPS) declined to $5.70 vs. the $6.92 consensus, reflecting ongoing portfolio de-risking and credit adjustments in the commercial real estate sector.