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Anworth Mortgage Asset (Anworth Mortgage Asset) Credit Losses Provision : $0.67 Mil (As of Dec. 2020)


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What is Anworth Mortgage Asset Credit Losses Provision?

Anworth Mortgage Asset's credit losses provision for the three months ended in Dec. 2020 was $0.05 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2020 was $0.67 Mil.

Anworth Mortgage Asset's quarterly credit losses provision declined from Jun. 2020 ($0.56 Mil) to Sep. 2020 ($0.00 Mil) but then increased from Sep. 2020 ($0.00 Mil) to Dec. 2020 ($0.05 Mil).

Anworth Mortgage Asset's annual credit losses provision increased from Dec. 2018 ($-0.00 Mil) to Dec. 2019 ($0.00 Mil) and increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.67 Mil).


Anworth Mortgage Asset Credit Losses Provision Historical Data

The historical data trend for Anworth Mortgage Asset's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Anworth Mortgage Asset Credit Losses Provision Chart

Anworth Mortgage Asset Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 2.40 - - 0.67

Anworth Mortgage Asset Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.75 0.06 0.56 - 0.05

Anworth Mortgage Asset Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Anworth Mortgage Asset (Anworth Mortgage Asset) Business Description

Traded in Other Exchanges
N/A
Address
1299 Ocean Avenue, Second Floor, Santa Monica, CA, USA, 90401
Anworth Mortgage Asset Corp is engaged in the business of investment, financing, & management of a leveraged portfolio of residential mortgage-backed securities & residential mortgage loans which includes different types of investments such as Agency mortgage-backed securities, Non-agency mortgage-backed securities, & Residential mortgage loans through consolidated securitization trusts. Agency MBS include residential mortgage pass-through certificates or CMOs in which the principal and interest payments are guaranteed by a government-sponsored enterprise. Non-Agency MBS are issued by companies that are not guaranteed by federally sponsored enterprises, and the company finances its residential mortgage loans through asset-backed securities issued by the consolidated securitization trusts.

Anworth Mortgage Asset (Anworth Mortgage Asset) Headlines

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