Other

Increase (decrease) in allowance for credit losses

Granite Point Mortgage Trust Increase (decrease) in allowance for credit losses increased by 100.5% to $100.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.5%, from -$20.90M to $100.00K.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2024
Last reportedQ1 2026May 5, 2026

How to read this metric

A net increase suggests management is preparing for higher future credit risk, while a decrease suggests a more confident outlook on portfolio performance.

Detailed definition

The net change in the total reserve set aside to cover potential future losses on the loan portfolio. This reflects the...

Peer comparison

Commonly reported as 'Change in Allowance for Credit Losses'.

Metric ID: other_financing_receivable_excluding_accrued_interest_an_0744be

Historical Data

5 periods
 Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value-$7.90M-$20.90M-$25.10M-$21.40M$100.00K
QoQ Change-164.6%-20.1%+14.7%+100.5%
YoY Change-170.9%+100.5%
Range-$25.10M$100.00K
CAGR-98.7%
Avg YoY Growth-35.2%
Median YoY Growth-35.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Granite Point Mortgage Trust's increase (decrease) in allowance for credit losses?
Granite Point Mortgage Trust (GPMT) reported increase (decrease) in allowance for credit losses of $100.00K in Q1 2026.
How has Granite Point Mortgage Trust's increase (decrease) in allowance for credit losses changed year-over-year?
Granite Point Mortgage Trust's increase (decrease) in allowance for credit losses increased by 100.5% year-over-year, from -$20.90M to $100.00K.
What does increase (decrease) in allowance for credit losses mean?
The net increase or decrease in the total pool of money set aside for potential loan losses.