Allowance for credit losses
Granite Point Mortgage Trust Allowance for credit losses increased by 0.9% to $147.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.9%, from $177.28M to $147.30M. Over 5 years (FY 2020 to FY 2025), Allowance for credit losses shows an upward trend with a 17.0% 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 | $57.67M | $45.48M | $40.90M | $34.15M | $47.28M | $82.61M | $82.34M | $128.45M | $130.41M | $145.30M | $134.66M | $210.15M | $264.14M | $256.77M | $199.73M | $177.28M | $151.97M | $130.91M | $145.91M | $147.30M |
| QoQ Change | — | -21.1% | -10.1% | -16.5% | +38.4% | +74.7% | -0.3% | +56.0% | +1.5% | +11.4% | -7.3% | +56.1% | +25.7% | -2.8% | -22.2% | -11.2% | -14.3% | -13.9% | +11.5% | +0.9% |
| YoY Change | — | — | — | — | -18.0% | +81.6% | +101.3% | +276.1% | +175.8% | +75.9% | +63.6% | +63.6% | +102.5% | +76.7% | +48.3% | -15.6% | -42.5% | -49.0% | -26.9% | -16.9% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's allowance for credit losses?
- Granite Point Mortgage Trust (GPMT) reported allowance for credit losses of $147.30M in Q1 2026.
- How has Granite Point Mortgage Trust's allowance for credit losses changed year-over-year?
- Granite Point Mortgage Trust's allowance for credit losses decreased by 16.9% year-over-year, from $177.28M to $147.30M.
- What is the long-term trend for Granite Point Mortgage Trust's allowance for credit losses?
- Over 5 years (2020 to 2025), Granite Point Mortgage Trust's allowance for credit losses has grown at a 17.0% compound annual growth rate (CAGR), from $66.67M to $145.91M.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that may not be repaid.