Blackstone Mortgage Trust Reports Net Income of $102.5 Million for Q2 2023

Blackstone Mortgage Trust, Inc.(BXMT), a leading real estate finance company , has released its consolidated financial statements for the second quarter of 2023. The company reported strong financial performance, with a notable increase in net income and revenue.

Financial Statements Overview

Consolidated Balance Sheets

As of June 30, 2023, Blackstone Mortgage Trust's total assets amounted to $24.86 billion, a slight decrease from $25.35 billion recorded at the end of 2022. Notably, cash and cash equivalents witnessed a significant rise from $291.34 million to $482.86 million during the same period. Loans receivable, net, also saw a marginal decrease from $24.69 billion to $24.12 billion.