Claros Mortgage Trust (CMTG) Loans - Loss Allowance (2020 - 2022)
Claros Mortgage Trust's (CMTG) quarterly Loans - Loss Allowance came in at $128.6 million in Q4 2022, up 91.98% on a YoY basis from $67.0 million in Q4 2021, and up 117.35% quarter-over-quarter from $59.2 million in Q3 2022.
Analysis
Claros Mortgage Trust (CMTG) Loans - Loss Allowance (2020 - 2022) Analysis & Trends
Claros Mortgage Trust (CMTG) has reported Loans - Loss Allowance for 3 consecutive years, with $128.6 million the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Loans - Loss Allowance rose 91.98% year-over-year to $128.6 million; the trailing twelve-month figure through Dec 2022 stood at $128.6 million (up 91.98% YoY), and the FY2022 full-year result was $128.6 million, up 91.98% from the prior year.
- Loans - Loss Allowance climbed to $128.6 million in Q4 2022 per CMTG's latest filing, from $59.2 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $128.6 million in Q4 2022 and bottomed at $6.0 million in Q4 2020.
- Historically, Loans - Loss Allowance has averaged $67.3 million across 3 years, with a median of $65.6 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Loans - Loss Allowance soared 1016.83% in 2021, then declined 21.99% in 2022.
- Over 3 years, Loans - Loss Allowance stood at $6.0 million in 2020, then jumped by 1016.83% to $67.0 million in 2021, then soared by 91.98% to $128.6 million in 2022.
- According to Business Quant data, Loans - Loss Allowance over the past three periods registered $128.6 million, $59.2 million, and $59.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | Claros Mortgage Trust | 217.79 Mn | 127.46 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 128.65 Mn |
| Sep 30, 2022 | 59.19 Mn |
| Jun 30, 2022 | 59.40 Mn |
| Mar 31, 2022 | 65.61 Mn |
| Dec 31, 2021 | 67.01 Mn |
| Sep 30, 2021 | 59.21 Mn |
| Jun 30, 2021 | 76.14 Mn |
| Mar 31, 2021 | 84.07 Mn |
| Dec 31, 2020 | 6.00 Mn |