Granite Point Mortgage Trust Interest expense, VIE beneficial interests decreased by 15.1% to $9.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.1%, from $12.68M to $9.11M. Over 4 years (FY 2021 to FY 2025), Interest expense, VIE beneficial interests shows an upward trend with a 12.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects higher funding costs for securitized assets or increased securitization volume, while a decrease may indicate lower debt levels within these structures.
This metric represents the interest expense paid on beneficial interests issued by consolidated variable interest entiti...
Common for firms that utilize securitization as a primary funding mechanism for mortgage assets.
jpm_interest_expense_vie_beneficial_interests| 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 | $7.13M | $8.78M | $9.40M | $9.73M | $10.84M | $14.42M | $16.64M | $18.05M | $17.89M | $18.41M | $18.62M | $18.12M | $18.30M | $16.52M | $14.07M | $12.68M | $12.60M | $12.18M | $10.73M | $9.11M |
| QoQ Change | — | +23.1% | +7.1% | +3.5% | +11.4% | +32.9% | +15.4% | +8.5% | -0.9% | +2.9% | +1.1% | -2.7% | +1.0% | -9.7% | -14.9% | -9.8% | -0.6% | -3.4% | -11.9% | -15.1% |
| YoY Change | — | — | — | — | +52.1% | +64.2% | +77.0% | +85.5% | +65.0% | +27.7% | +11.9% | +0.4% | +2.3% | -10.3% | -24.5% | -30.0% | -31.1% | -26.3% | -23.7% | -28.1% |