AI Earnings Predictions for Claros Mortgage Trust Inc. (CMTG)

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Claros Mortgage Trust, Inc.

Reports Second Quarter 2026 Results

New York, NY, July 29, 2026 – Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2026. The Company reported GAAP net loss of $255.4 million, or $1.81 per share, for the quarter ended June 30, 2026. Distributable Loss (a non-GAAP financial measure defined below) was $90.8 million, or $0.63 per share, and Distributable Loss prior to realized gains and losses was $10.5 million, or $0.07 per share, for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights

• Resolved one watchlist loan with $25.4 million of UPB through a mortgage foreclosure

• Provision for CECL reserves of $208.8 million, or $1.45 per share, primarily reflecting increased reserves to align with anticipated near-term resolution levels

• Sold one multifamily REO asset for a gross sales price of $48.0 million, slightly above carrying value

• Reclassified mixed-use REO asset and one multifamily REO asset to held-for-sale resulting in losses of $29.6 million, or $0.21 per share

• REO assets generated distributable earnings prior to realized gains and losses of $0.01 per share, net of financing costs; an increase of $0.05 per share from prior quarter’s distributable loss of $0.04 per share

At June 30, 2026

• $2.8 billion held-for-investment loan portfolio with a weighted average all-in yield of 5.8% (1)

o Downgraded four loans totaling $447 million of UPB to risk rated 5 with specific CECL reserves of $114 million, or $0.79 per share

o Increased specific CECL reserves by $74 million, or $0.51 per share, on three existing risk rated 5 loans

• Watchlist held-for-investment loans of $1.2 billion (12 loans), representing a $477 million decline from year-end

• CECL reserves of $567.4 million on UPB, or $3.93 per share; approximately 16.9% of UPB at quarter-end, comprised of (i) specific CECL reserves of 32.0% of UPB of risk rated 5 loans and (ii) general CECL reserves of 2.9% of UPB

• $723.7 million REO portfolio comprised of nine investments, including two classified as held-for-sale

• Total liquidity of $103 million, including $90 million of cash

• Unencumbered assets of $509 million, consisting of $362 million of loan UPB ($301 million of loan carrying value) and $147 million of REO carrying value

• Net financings outstanding decreased by $66 million from prior quarter-end, including $20 million of deleveraging payments

• Net debt / equity ratio of 2.0x; including Q3 loan resolutions and deleveraging to-date, ratio declined to 1.7x

• Total leverage ratio of 2.7x; including Q3 loan resolutions and deleveraging to-date, ratio declined to 2.4x

• Book value of $8.58 per share

Subsequent Events

• Resolved four loans totaling $409.5 million of UPB

o Two full repayments: $223.1 million of UPB

o One discounted payoff: $74.9 million of UPB, watchlist multifamily loan, recovery of 94% of UPB

o One loan sale: $111.5 million of UPB, watchlist office loan classified as held-for-sale at June 30, 2026, recovery of 63% of UPB

• Entered into a binding agreement to sell a multifamily REO asset; expected proceeds in-line with held-for-sale carrying value

• Net financings outstanding decreased by $299 million, including $93 million of deleveraging payments

• At July 24, 2026, total liquidity of $168 million, including $155 million of cash

“We continued to make significant progress resolving watchlist assets, turning over the portfolio and deleveraging the balance sheet, moving us closer to making accretive capital allocation decisions in the coming quarters,” said Richard Mack, Chief Executive Officer and Chairman of CMTG.

(1) Represents the weighted average annualized yield to initial maturity of each loan held-for-investment, inclusive of coupon and contractual fees, based on the applicable floating benchmark rate/floors (if applicable), in place as of June 30, 2026. For loans placed on non-accrual, the annualized yield to initial maturity used in calculating the weighted average annualized yield to initial maturity is 0%.

Teleconference Details

A conference call to discuss CMTG’s financial results will be held on Thursday, July 30, 2026, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-461-5787 and referencing the Claros Mortgage Trust, Inc. teleconference call; access code 150272471.

The conference call will also be broadcast live over the internet and may be accessed through the Investor Relations section of CMTG’s website at www.clarosmortgage.com. An earnings presentation accompanying the earnings release and containing supplemental information about the Company’s financial results may also be accessed through this website in advance of the call.

For those unable to listen to the live broadcast, a webcast replay will be available on CMTG’s website or by visiting https://events.q4inc.com/attendee/150272471, begi

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Claros Mortgage Trust, Inc.

Reports First Quarter 2026 Results

New York, NY, May 6, 2026 – Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2026. The Company reported GAAP net loss of $54.3 million, or $0.39 per share, for the quarter ended March 31, 2026. Distributable Loss (a non-GAAP financial measure defined below) was $75.2 million, or $0.52 per share, and Distributable Loss prior to realized losses was $7.5 million, or $0.05 per share, for the quarter ended March 31, 2026.

First Quarter 2026 Highlights

• Resolved five loans totaling $608.8 million of UPB.

o Two full repayments: $240.8 million of UPB – includes one watchlist loan.

o One loan sale: $220.0 million of UPB – watchlist loan, gross recovery of 90%.

o One mortgage foreclosure: $76.6 million of UPB – watchlist loan collateralized by a multifamily property in the Dallas MSA.

o One assignment to lender: $71.4 million of UPB – watchlist loan.

• Provision for CECL reserves of $31.4 million, or $0.22 per share, for the quarter; as of quarter-end, CECL reserves of $398.9 million on UPB, or $2.76 per share.

o Approximately 11.4% of UPB at quarter-end, comprised of (i) specific reserves of 26.8% of UPB of risk rated 5 loans and (ii) general reserves of 2.3% of UPB of remaining loans.

• REO assets generated Distributable Loss of $0.04 per share for the quarter, net of financing costs, primarily due to expected seasonality of REO hotel portfolio.

• Closed a new $500 million secured term loan maturing in 2030; proceeds used to fully retire prior secured term loan.

• At March 31, 2026:

o $3.2 billion loan portfolio with a weighted average all-in yield of 5.6%. (1)

o Total liquidity of $132 million, including $117 million of cash.

o Unencumbered assets of $538 million, consisting of $363 million of loan UPB and $175 million of REO carrying value.

o Net unfunded loan commitments decreased to $5 million.

o Net financings outstanding decreased by $489 million, including $142 million of deleveraging payments.

o Net debt / equity ratio of 1.7x.

o Book value of $10.33 per share.

Subsequent Events

• Resolved one watchlist loan through a mortgage foreclosure of a multifamily property in the Dallas MSA representing $25.4 million of UPB and received $8.0 million in partial loan repayments.

• Entered into a binding agreement to sell a multifamily REO asset for a gross sales price of $48.0 million; relative carrying value at quarter-end of $46.8 million.

• At May 5, 2026, total liquidity of $116 million, including $103 million of cash.

“We had a productive start to 2026, executing well on our strategic priorities, including making meaningful progress on watchlist loans,” said Richard Mack, Chief Executive Officer and Chairman of

CMTG. “While uncertainty continues to shape the broader market environment, we are encouraged by signs of resilience across real estate capital markets. Our actions during the quarter further reduced portfolio risk and advanced our deleveraging efforts. We believe this progress positions us to continue turning over the portfolio in order to redeploy capital into more accretive opportunities.”

(1) Represents the weighted average annualized yield to initial maturity of each loan held-for-investment, inclusive of coupon and contractual fees, based on the applicable floating benchmark rate/floors (if applicable), in place as of March 31, 2026. For loans placed on non-accrual, the annualized yield to initial maturity used in calculating the weighted average annualized yield to initial maturity is 0%.

Teleconference Details

A conference call to discuss CMTG’s financial results will be held on Thursday, May 7, 2026, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-461-5787 and referencing the Claros Mortgage Trust, Inc. teleconference call; access code 565280844.

The conference call will also be broadcast live over the internet and may be accessed through the Investor Relations section of CMTG’s website at www.clarosmortgage.com. An earnings presentation accompanying the earnings release and containing supplemental information about the Company’s financial results may also be accessed through this website in advance of the call.

For those unable to listen to the live broadcast, a webcast replay will be available on CMTG’s website or by visiting https://events.q4inc.com/attendee/565280844, beginning approximately two hours after the event.

About Claros Mortgage Trust, Inc.

CMTG is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S. CMTG is externally managed and advised by Claros REIT Management LP, an affiliate of Mack Real Estate Credit Strategies, L.P. Additional information can be found on the Company’s website at www.clarosmortgag

8-K

false000166629100016662912026-02-182026-02-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 18, 2026

Claros Mortgage Trust, Inc. (Exact name of Registrant as Specified in Its Charter)

Maryland

001-40993

47-4074900

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

c/o Mack Real Estate Credit Strategies, L.P. 60 Columbus Circle, 20th Floor

New York, New York

10023

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (212) 484-0050

(Former Name or Former Address, if Changed Since Last Report) N/A Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value per share

CMTG

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition. On February 18, 2026, Claros Mortgage Trust, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025 and distributed certain supplemental financial information. Copies of the press release and supplemental financial information are furnished herewith as Exhibits 99.1 and 99.2, respectively. The press release and supplemental financial information have also been posted in the investor relations/presentations section of the Company’s website at www.clarosmortgage.com.

The information in this Item 2.02 (including Exhibits 99.1 and 99.2 hereto) shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release and supplemental financial information attached to this report as Exhibits 99.1 and 99.2, respectively, shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Item 7.01. Regulation FD Disclosure. As discussed in Item 2.02 above, the Company issued a press release announcing its earnings for the quarter and year ended December 31, 2025 and distributed certain supplemental information. The press release and supplemental financial information have also been posted in the investor relations/presentations section of the Company’s website at www.clarosmortgage.com.

The information in this Item 7.01 (including Exhibits 99.1 and 99.2 hereto) shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release and supplemental financial information attached to this report as Exhibits 99.1 and 99.2, respectively, shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 and 99.2 hereto) will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD. Item 9.01 Financial Statements and Exhibits.

99.1

Press Release dated February 18, 2026

99.2

Fourth Quarter 2025 Supplemental Financial Report

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Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant h