CECL standard and it’s continued positive impacts

Before we begin, please note that this is a high-level overview of a complex topic. It warrants further discussion as it impacts the earnings report of a stock in the Fly High Investing Portfolio, which subsequently affects dividends. Therefore, we believe it is important to address this somewhat specialized subject. The 2008 financial crisis led…

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Not all bad news at Blackstone Mortgage Trust Inc. (BXMT) latest earnings call

Blackstone Mortgage Trust Inc. (BXMT) reported a GAAP net loss of $0.38 per share, but distributable earnings were $0.49 per share, indicating strong operational performance despite challenges. The company declared a third-quarter dividend of $0.47 per share and authorized a $150 million common stock repurchase, reflecting confidence in long-term value creation. BXMT has a 90% performing…

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