(Benefit from) provision for credit losses
Granite Point Mortgage Trust (Benefit from) provision for credit losses decreased by 101.5% to -$216.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 105.7%, from $3.77M to -$216.00K. Over 4 years (FY 2021 to FY 2025), (Benefit from) provision for credit losses shows an upward trend with a 8.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase signals deteriorating credit quality in the portfolio or a more conservative economic outlook, while a decrease suggests improving credit conditions.
Detailed definition
The periodic charge to earnings representing the estimated credit losses on the company's loan portfolio. It reflects ma...
Peer comparison
Standard credit risk metric for all lenders; directly comparable to loan loss provisions at banks and REITs.
other_accountsand_financing_receivable_credit_loss_expen_02f4dfHistorical 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 | -$193.00K | -$5.76M | -$4.96M | $3.69M | $13.63M | $35.44M | $16.51M | $46.41M | $5.82M | $31.01M | $21.57M | $75.55M | $60.76M | $27.91M | $37.19M | $3.77M | $10.98M | -$1.64M | $14.43M | -$216.00K |
| QoQ Change | — | <-999% | +14.0% | +174.4% | +269.5% | +160.1% | -53.4% | +181.1% | -87.5% | +433.0% | -30.4% | +250.2% | -19.6% | -54.1% | +33.3% | -89.9% | +191.4% | -115.0% | +978.1% | -101.5% |
| YoY Change | — | — | — | — | >999% | +715.3% | +433.2% | >999% | -57.3% | -12.5% | +30.7% | +62.8% | +944.3% | -10.0% | +72.4% | -95.0% | -81.9% | -105.9% | -61.2% | -105.7% |
(Benefit from) provision for credit losses at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's (benefit from) provision for credit losses?
- Granite Point Mortgage Trust (GPMT) reported (benefit from) provision for credit losses of -$216.00K in Q1 2026.
- How has Granite Point Mortgage Trust's (benefit from) provision for credit losses changed year-over-year?
- Granite Point Mortgage Trust's (benefit from) provision for credit losses decreased by 105.7% year-over-year, from $3.77M to -$216.00K.
- What is the long-term trend for Granite Point Mortgage Trust's (benefit from) provision for credit losses?
- Over 4 years (2021 to 2025), Granite Point Mortgage Trust's (benefit from) provision for credit losses has grown at a 8.3% compound annual growth rate (CAGR), from -$20.03M to $27.54M.
- What does (benefit from) provision for credit losses mean?
- The expense recorded to account for expected losses on loans.