Granite Point (GPMT) Q1 2026 Earnings Report
Granite Point (GPMT) reported a net loss of $6 million for Q1 2026, with a realized portfolio yield of 6.5%. The company's loan portfolio commitments totaled $1.6 billion, and its book value per share declined to $7.05. The allowance for credit losses was reduced to $119 million following a Chicago retail loan resolution.
Tickers: $GPMT
Topics: book value credit losses financial performance loan portfolio