Allowance for credit losses
Ellington Financial Inc. Allowance for credit losses increased by 1.9% to $43.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.5%, from $33.80M to $43.10M. Over 5 years (FY 2020 to FY 2025), Allowance for credit losses shows an upward trend with a 11.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher expected defaults or a more conservative risk assessment, while a decrease suggests improved borrower creditworthiness.
Detailed definition
A contra-asset account representing the estimated amount of uncollectible loans and receivables within the company's len...
Peer comparison
Standard for financial institutions; peers with higher-risk loan portfolios will typically maintain higher allowance ratios.
bank_allowance_for_credit_lossesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | $16.90M | $19.20M | $17.50M | $18.90M | $23.40M | $28.00M | $35.10M | $36.60M | $34.90M | $38.90M | $32.60M | $32.80M | $23.40M | $24.70M | $29.70M | $33.80M | $35.20M | $38.10M | $42.30M | $43.10M |
| QoQ Change | — | +13.6% | -8.9% | +8.0% | +23.8% | +19.7% | +25.4% | +4.3% | -4.6% | +11.5% | -16.2% | +0.6% | -28.7% | +5.6% | +20.2% | +13.8% | +4.1% | +8.2% | +11.0% | +1.9% |
| YoY Change | — | — | — | — | +38.5% | +45.8% | +100.6% | +93.7% | +49.1% | +38.9% | -7.1% | -10.4% | -33.0% | -36.5% | -8.9% | +3.0% | +50.4% | +54.3% | +42.4% | +27.5% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Ellington Financial Inc.'s allowance for credit losses?
- Ellington Financial Inc. (EFC) reported allowance for credit losses of $43.10M in Q1 2026.
- How has Ellington Financial Inc.'s allowance for credit losses changed year-over-year?
- Ellington Financial Inc.'s allowance for credit losses increased by 27.5% year-over-year, from $33.80M to $43.10M.
- What is the long-term trend for Ellington Financial Inc.'s allowance for credit losses?
- Over 5 years (2020 to 2025), Ellington Financial Inc.'s allowance for credit losses has grown at a 11.2% compound annual growth rate (CAGR), from $24.90M to $42.30M.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that may not be repaid.