STARWOOD PROPERTY TRUST, INC. (STWD) Form 10-Q — Nov 6, 2026
Starwood Property Trust reported a Q3 2026 net loss of $389.7 million, or -$1.08 per share, versus net income of $72.6 million ($0.19 EPS) in Q3 2025, driven by a $336.6 million net credit loss provision and a $121.6 million negative fair value swing on mortgage loans. Total revenues actually rose to $545.9 million from $488.9 million a year ago, but credit deterioration on the $20.0 billion held-for-investment loan book (allowance up to $704.2 million from $440.8 million at year-end 2025) overwhelmed the top-line growth.
Key figures
- Revenue
- 545853000
- Total Assets
- 57955110000
- Cash Position
- 391935000
- Shares Outstanding
- 364004978
- Eps Prior Year Quarter
- 0.19
- Credit Loss Provision Q3
- 336612000
- Loans HFI
- 19969078000
- Allowance Loans HFI
- 704189000
- Dividend Per Share Q3
- 0.48
- Q3 Revenue Prior Year
- 488878000
- Stock Price At Quarter End
- 13.5
- Treasury Spend Nine Months
- 137708000
- Nine Month Revenue Prior Year
- 1351341000
- Convertible Notes2027 Principal
- 380750000
- Unsecured Senior Notes Principal
- 4530750000
- Treasury Shares Repurchased Nine Months
- 8388073
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.