Research · Aug 25, 2026
Software Lending Raises Loan Loss Reserves on AI-Affected Loans
SPMC's FY2027 Q1 net investment income stayed below its common distributions partly because it raised model loss reserves on AI-affected software loans.
NYSE · Financial Services · Asset Management · US
Research · Aug 25, 2026
SPMC's FY2027 Q1 net investment income stayed below its common distributions partly because it raised model loss reserves on AI-affected software loans.