Other
Provision for Credit Losses
Granite Point Mortgage Trust Provision for Credit Losses decreased by 92.6% to $1.09M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 50.5%, from $2.19M to $1.09M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase suggests management expects higher future defaults or a worsening economic environment for borrowers.
Detailed definition
The periodic expense recognized in the income statement to maintain an adequate allowance for expected credit losses on...
Peer comparison
Standard across financial services as 'Provision for Loan Losses'.
Metric ID:
other_financing_receivable_excluding_accrued_interest_cr_cd5946Historical Data
20 periods
| 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 | -$1.76M | -$2.45M | -$4.58M | $3.36M | $13.64M | $35.33M | $15.22M | $46.12M | $6.16M | $31.64M | $22.69M | $75.48M | $60.56M | $28.39M | $38.13M | $2.19M | $10.76M | -$1.27M | $14.65M | $1.09M |
| QoQ Change | — | -39.1% | -87.0% | +173.4% | +305.4% | +159.1% | -56.9% | +202.9% | -86.6% | +413.5% | -28.3% | +232.7% | -19.8% | -53.1% | +34.3% | -94.2% | +390.7% | -111.8% | >999% | -92.6% |
| YoY Change | — | — | — | — | +874.0% | >999% | +432.2% | >999% | -54.8% | -10.5% | +49.0% | +63.7% | +883.0% | -10.3% | +68.1% | -97.1% | -82.2% | -104.5% | -61.6% | -50.5% |
Range-$4.58M – $75.48M
CAGR-9.7%
Avg YoY Growth+294.4%
Median YoY Growth+19.4%
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's provision for credit losses?
- Granite Point Mortgage Trust (GPMT) reported provision for credit losses of $1.09M in Q1 2026.
- How has Granite Point Mortgage Trust's provision for credit losses changed year-over-year?
- Granite Point Mortgage Trust's provision for credit losses decreased by 50.5% year-over-year, from $2.19M to $1.09M.
- What is the long-term trend for Granite Point Mortgage Trust's provision for credit losses?
- Over 4 years (2021 to 2025), Granite Point Mortgage Trust's provision for credit losses has grown at a 13.2% compound annual growth rate (CAGR), from -$16.03M to $26.33M.
- What does provision for credit losses mean?
- The cost recognized for expected future loan losses.