GRANITE POINT MORTGAGE TRUST INC. GPMT Income Statement

Granite point mortgage trust inc. (GPMT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Sep'16	Jun'16
Interest income:
Loans held-for-investment
246,616	240,022	228,302	212,930	197,156	179,284	163,413	146,644	129,205	113,050	92,146	74,729	0	0	0
Available-for-sale securities
1,193	1,221	1,236	1,222	1,196	1,160	1,119	1,090	1,061	1,035	1,009	992	0	0	0
Held-to-maturity securities
1,888	2,239	2,520	2,747	2,970	3,194	3,412	3,595	3,679	3,726	3,766	3,888	0	0	0
Cash and cash equivalents
2,590	2,775	2,329	1,604	726	242	157	76	51	26	13	11	0	0	0
Total interest income
252,287	246,257	234,387	218,503	202,048	183,880	168,101	151,405	133,996	117,837	96,934	79,620	0	0	0
Interest expense:
Repurchase agreements
70,318	67,632	65,469	61,822	63,227	62,432	61,091	58,847	49,406	37,968	0	0	0	-	-
Securitized debt obligations
46,390	46,815	42,972	37,198	27,519	17,660	10,568	3,875	0	-	0	0	-	-	-
Convertible senior notes
18,022	17,971	17,641	15,354	13,069	10,783	6,998	4,782	2,576	397	0	0	0	-	-
Asset-specific financings
4,013	2,891	1,717	598	0	-	0	0	-	-	-	-	-	-	-
Revolving credit facilities
1,220	1,673	1,458	1,288	1,343	648	372	220	0	-	0	0	-	-	-
Note payable to affiliate
-	-	-	-	-	-	-	-	-	4,098	0	0	0	-	-
Total interest expense
139,963	136,982	129,257	116,260	105,158	91,523	79,060	68,192	54,730	42,463	29,400	19,479	0	0	0
Net interest income
112,324	109,275	105,130	102,243	96,890	92,357	89,041	83,213	79,266	75,374	67,534	60,141	0	0	0
Other (loss) income:
Accounts and Financing Receivable, Credit Loss, Expense (Reversal)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Fee income
819	1,210	1,115	1,115	1,477	1,446	1,446	1,446	882	0	15	36	0	0	0
Total other (loss) income
-52,517	1,210	1,115	1,115	1,477	1,446	1,446	1,446	882	0	15	36	0	0	0
Expenses:
Management fees
15,312	14,854	14,158	13,458	12,758	12,509	12,420	12,450	11,275	9,737	8,406	6,916	0	0	0
Incentive fees
0	244	244	244	244	0	0	0	0	-	-	-	-	-	-
Servicing expenses
4,006	3,670	3,299	2,902	2,511	2,196	1,960	1,677	1,490	1,354	1,107	896	0	0	0
Other operating expenses
24,444	21,507	19,383	18,410	17,409	16,025	15,562	15,046	12,941	10,982	9,282	7,290	0	0	0
Total expenses
43,762	40,275	37,014	34,954	32,913	30,730	29,976	29,196	25,715	22,073	18,795	15,102	0	0	0
(Loss) income before income taxes
16,045	70,210	69,231	68,404	65,454	63,073	60,511	55,463	54,433	53,301	48,754	45,075	0	0	0
Benefit from income taxes
-9	-4	-4	-4	-4	-2	-3	-4	-4	-4	-5	-4	0	0	0
Net (loss) income
16,054	70,214	69,235	68,408	65,458	63,075	60,514	55,467	54,437	53,305	48,759	45,079	0	0	0
Dividends on preferred stock
100	100	100	100	100	100	100	100	75	50	25	0	0	0	-
Net (loss) income attributable to common stockholders
15,954	70,114	69,135	68,308	65,358	62,975	60,414	55,367	54,362	53,255	48,734	0	0	0	-
Basic earnings per weighted average common share (in usd per share)
-0.68	0.31	0.32	0.34	0.35	0.38	0.38	0.35	0.34	0.33	0.27	0.00	0.00	-	-
Diluted earnings per weighted average common share (in usd per share)
-0.68	0.33	0.32	0.33	0.34	0.38	0.37	0.34	0.33	0.33	0.27	0.00	0.00	-	-
Basic and diluted earnings per weighted average common share (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00
Dividends declared per common share (in usd per share)
0.00	-	0.42	0.42	0.42	-	0.42	0.40	0.38	-	-	-	-	0.00	0.00
Weighted average basic common shares outstanding (in shares)
55,056	54,941	54,853	53,953	48,601	43,504	43,456	43,446	43,374	86,470	43,234	43,234	0	-	-
Weighted average diluted common shares outstanding (in shares)
55,056	27,615	54,853	67,624	62,256	56,405	50,651	50,634	50,467	86,470	43,234	43,234	0	-	-
Basic and diluted weighted average number of shares of common stock outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Comprehensive (loss) income:
Net Income Available to Common Stockholders
15,954	70,114	69,135	68,308	65,358	62,975	60,414	55,367	54,362	53,255	48,734	0	0	0	-
Net income
16,054	70,214	69,235	68,408	65,458	63,075	60,514	55,467	54,437	53,305	48,759	45,079	0	0	0
Other comprehensive (loss) income, net of tax:
Unrealized (loss) gain on available-for-sale securities
-3,712	224	0	32	-16	-192	16	16	48	112	192	223	0	0	0
Other Comprehensive Income (Loss), Net of Tax
-3,712	224	0	32	-16	-192	16	16	48	112	192	223	0	0	0
Comprehensive (loss) income attributable to common stockholders
12,242	70,338	69,135	68,340	65,342	62,783	60,430	55,383	54,410	53,367	48,926	45,302	0	0	0