KKR Real Estate Finance Trust (KREF) Provision for Credit Losses (2020 - 2026)
KKR Real Estate Finance Trust (KREF) posted Provision for Credit Losses of $1.38 million for Q3 2026, up 41.6% from $975,000 a year earlier but down 98.2% from the prior quarter.
KKR Real Estate Finance Trust (KREF) Provision for Credit Losses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Provision for Credit Losses at KKR Real Estate Finance Trust was $194.26 million, up 141.9% year-over-year; for FY2025, it came in at $119.65 million, up 48.4% from FY2024.
- Annual Provision for Credit Losses shows a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- In prior years, KKR Real Estate Finance Trust's Provision for Credit Losses was $80.61 million in FY2024 (-54.0%), $175.12 million in FY2023 (+55.8%), $112.37 million in FY2022 and -$4.06 million in FY2021.
- Quarterly Provision for Credit Losses has run from a low of -$3.06 million in Q4 2021 to a high of $80.6 million in Q3 2022 over five years.
- On a year-over-year basis, Provision for Credit Losses has increased in each of the last four quarters, with growth averaging 240.6% over the last eight quarters.
- The strongest year-over-year quarter for Provision for Credit Losses in the past five years was Q2 2025, with growth of 996.8%; the weakest was Q3 2025, with a decline of 97.4%.
- According to Business Quant data, Provision for Credit Losses for the three prior quarters was $75.09 million (Q2 2026), $74.09 million (Q1 2026) and $43.7 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | -88.32 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 14.87 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 1.14 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 1.27 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 259.36 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 1.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.38 Mn |
| Jun 30, 2026 | 75.09 Mn |
| Mar 31, 2026 | 74.09 Mn |
| Dec 31, 2025 | 43.70 Mn |
| Sep 30, 2025 | 975,000.00 |
| Jun 30, 2025 | 49.85 Mn |
| Mar 31, 2025 | 24.90 Mn |
| Dec 31, 2024 | 4.59 Mn |
| Sep 30, 2024 | 38.20 Mn |
| Jun 30, 2024 | 4.55 Mn |
| Mar 31, 2024 | 33.30 Mn |
| Dec 31, 2023 | 49.50 Mn |
| Sep 30, 2023 | 8.81 Mn |
| Jun 30, 2023 | 56.34 Mn |
| Mar 31, 2023 | 60.50 Mn |
| Dec 31, 2022 | 21.17 Mn |
| Sep 30, 2022 | 80.60 Mn |
| Jun 30, 2022 | 11.80 Mn |
| Mar 31, 2022 | -1.57 Mn |
| Dec 31, 2021 | -3.06 Mn |
KKR Real Estate Finance Trust Provision for Credit Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=KREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();