Granite Point Mortgage Trust (GPMT) Convertible Debt (2017 - 2023)

Granite Point Mortgage Trust (GPMT) has reported Convertible Debt for 7 consecutive years, with $131.6 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Convertible Debt fell 52.02% year-over-year to $131.6 million; the trailing twelve-month figure through Sep 2023 stood at $131.6 million (down 52.02% YoY), and the FY2022 full-year result was $130.9 million, down 52.03% from the prior year.
• Convertible Debt was little changed at $131.6 million in Q3 2023 per GPMT's latest filing, from $131.4 million in the prior quarter.
• Across five years, Convertible Debt topped out at $274.3 million in Q3 2022 and bottomed at $130.9 million in Q4 2022.
• Historically, Convertible Debt has averaged $241.8 million across 5 years, with a median of $270.4 million in 2020.
• The sharpest annual moves came in 2019 and 2022: Convertible Debt soared 92.17% in 2019, then plunged 52.03% in 2022.
• Over 5 years, Convertible Debt stood at $269.6 million in 2019, then advanced by 0.6% to $271.2 million in 2020, then advanced by 0.62% to $272.9 million in 2021, then slumped by 52.03% to $130.9 million in 2022, then rose by 0.52% to $131.6 million in 2023.
• According to Business Quant data, Convertible Debt over the past three periods registered $131.6 million, $131.4 million, and $131.1 million for Q3 2023, Q2 2023, and Q1 2023 respectively.