Granite Point Mortgage Trust Financing Receivable, Excluding Accrued Interest And Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal) 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. This is a positive signal — lower values indicate better performance for this metric.
An increase in expense signals a more pessimistic outlook on credit quality, while a reversal signals improved credit expectations.
The periodic expense or reversal recorded to adjust the allowance for credit losses based on the company's assessment of...
Commonly reported as 'Provision for Credit Losses' or 'Loan Loss Provision'.
other_financing_receivable_excluding_accrued_interest_an_548892| Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.01M | $21.57M | $75.55M | $60.76M | $27.91M | $37.19M | $3.77M | $10.98M | -$1.64M | $14.43M | -$216.00K |
| QoQ Change | — | -30.4% | +250.2% | -19.6% | -54.1% | +33.3% | -89.9% | +191.4% | -115.0% | +978.1% | -101.5% |
| YoY Change | — | — | — | — | -10.0% | +72.4% | -95.0% | -81.9% | -105.9% | -61.2% | -105.7% |