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Blackstone Mortgage Trust (FRA:079A) Credit Losses Provision : €438.2 Mil (As of Mar. 2024)


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What is Blackstone Mortgage Trust Credit Losses Provision?

Blackstone Mortgage Trust's credit losses provision for the three months ended in Mar. 2024 was €216.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €438.2 Mil.

Blackstone Mortgage Trust's quarterly credit losses provision increased from Sep. 2023 (€90.8 Mil) to Dec. 2023 (€105.7 Mil) and increased from Dec. 2023 (€105.7 Mil) to Mar. 2024 (€216.1 Mil).

Blackstone Mortgage Trust's annual credit losses provision increased from Dec. 2021 (€-35.3 Mil) to Dec. 2022 (€199.7 Mil) and increased from Dec. 2022 (€199.7 Mil) to Dec. 2023 (€229.1 Mil).


Blackstone Mortgage Trust Credit Losses Provision Historical Data

The historical data trend for Blackstone Mortgage Trust's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Mortgage Trust Credit Losses Provision Chart

Blackstone Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 137.81 -35.28 199.66 229.06

Blackstone Mortgage Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.18 25.67 90.80 105.69 216.08

Blackstone Mortgage Trust Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €438.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackstone Mortgage Trust (FRA:079A) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.

Blackstone Mortgage Trust (FRA:079A) Headlines

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