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.
A net increase suggests management is preparing for higher future credit risk, while a decrease suggests a more confident outlook on portfolio performance.
The net change in the total reserve set aside to cover potential future losses on the loan portfolio. This reflects the...
Commonly reported as 'Change in Allowance for Credit Losses'.
other_financing_receivable_excluding_accrued_interest_an_0744be| Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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% |