Geographic · Net loan exposure
Subtotal — Net loan exposure
Blackstone Mortgage Trust Subtotal — Net loan exposure decreased by 1.9% to $8.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $7.27B to $8.04B. Over 2 years (FY 2023 to FY 2025), Subtotal — Net loan exposure shows relatively stable performance with a -1.1% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026Apr 29, 2026
Rolls up toNet loan exposure
How to read this metric
An increase reflects higher capital allocation to the segment, while a decrease indicates reduced exposure or risk mitigation efforts.
Detailed definition
The net amount of capital at risk for the company within a specific segment, calculated by excluding accrued interest an...
Peer comparison
Comparable to 'Net Carrying Value' or 'Net Loan Exposure' reported by peer commercial mortgage REITs.
Metric ID:
bxmt_segment_subtotal_net_loan_exposureHistorical Data
14 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.05B | $8.09B | $8.13B | $7.81B | $8.00B | $7.82B | $7.89B | $7.07B | $6.50B | $7.27B | $8.27B | $7.60B | $8.19B | $8.04B |
| QoQ Change | — | +0.5% | +0.5% | -3.9% | +2.4% | -2.2% | +0.8% | -10.3% | -8.1% | +11.9% | +13.7% | -8.0% | +7.7% | -1.9% |
| YoY Change | — | — | — | — | -0.7% | -3.3% | -3.0% | -9.5% | -18.8% | -7.0% | +4.8% | +7.5% | +26.1% | +10.5% |
Range$6.50B – $8.27B
CAGR-0.1%
Avg YoY Growth+0.7%
Median YoY Growth-1.8%
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Frequently Asked Questions
- What is Blackstone Mortgage Trust's subtotal — net loan exposure?
- Blackstone Mortgage Trust (BXMT) reported subtotal — net loan exposure of $8.04B in Q1 2026.
- How has Blackstone Mortgage Trust's subtotal — net loan exposure changed year-over-year?
- Blackstone Mortgage Trust's subtotal — net loan exposure increased by 10.5% year-over-year, from $7.27B to $8.04B.
- What is the long-term trend for Blackstone Mortgage Trust's subtotal — net loan exposure?
- Over 2 years (2023 to 2025), Blackstone Mortgage Trust's subtotal — net loan exposure has grown at a -1.1% compound annual growth rate (CAGR), from $32.03B to $31.33B.
- What does subtotal — net loan exposure mean?
- The net amount of capital the company has at risk in this specific segment.