GPMTPA.PFD (Granite Point Mortgage Trust) Credit Losses Provision : $129.63 Mil (As of Mar. 2025)

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What is Granite Point Mortgage Trust Credit Losses Provision?

Granite Point Mortgage Trust's credit losses provision for the three months ended in Mar. 2025 was $3.77 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $129.63 Mil.

Granite Point Mortgage Trust's quarterly credit losses provision increased from Sep. 2024 ($27.91 Mil) to Dec. 2024 ($37.19 Mil) but then declined from Dec. 2024 ($37.19 Mil) to Mar. 2025 ($3.77 Mil).

Granite Point Mortgage Trust's annual credit losses provision increased from Dec. 2022 ($69.27 Mil) to Dec. 2023 ($104.81 Mil) and increased from Dec. 2023 ($104.81 Mil) to Dec. 2024 ($201.41 Mil).

Granite Point Mortgage Trust Credit Losses Provision Historical Data

The historical data trend for Granite Point Mortgage Trust'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.

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Granite Point Mortgage Trust Credit Losses Provision Chart

Granite Point Mortgage Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Credit Losses Provision

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53.71

-20.03

69.27

104.81

201.41

Granite Point Mortgage Trust Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Credit Losses Provision	Get a 7-Day Free Trial															75.55	60.76	27.91	37.19	3.77

Granite Point Mortgage Trust 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $129.63 Mil.

Granite Point Mortgage Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Point Mortgage Trust Inc (NYSE:GPMTpA.PFD) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

GPMT:USA G18:Germany

Address

3 Bryant Park, Suite 2400A, New York, NY, USA, 10036

Website

https://www.gpmtreit.com

Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the property.