ARMOUR Residential REIT (LTS:0HHU) Credit Losses Provision : $0.00 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is ARMOUR Residential REIT Credit Losses Provision?

ARMOUR Residential REIT's credit losses provision for the three months ended in Mar. 2024 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

ARMOUR Residential REIT's annual credit losses provision increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($4.18 Mil) but then declined from Dec. 2022 ($4.18 Mil) to Dec. 2023 ($0.00 Mil).

ARMOUR Residential REIT Credit Losses Provision Historical Data

The historical data trend for ARMOUR Residential REIT'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.

ARMOUR Residential REIT Credit Losses Provision Chart

ARMOUR Residential REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

24.40

190.57

4.18

ARMOUR Residential REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

ARMOUR Residential REIT 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

ARMOUR Residential REIT (LTS:0HHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ARMOUR Residential REIT Inc (LTS:0HHU) » Definitions » Credit Losses Provision

Comparable Companies

BRSP KREF RWT EFC FBRT NYMT CIM MFA DX PMT NLY STWD AGNC RITM BXMT ABR CMTG RC ARI LADR

Traded in Other Exchanges

ARRpC.PFD:USA ARR:USA 2AR:Germany

Address

3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963

Website

http://www.armourreit.com

ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.

ARMOUR Residential REIT (LTS:0HHU) Headlines

No Headlines