Bridgewater Bancshares (BWB) Loans - Loss Allowance (2017 - 2023)
Bridgewater Bancshares' Loans - Loss Allowance came in at $50.15 million for Q1 2023, up 20.3% from $41.69 million a year earlier and up 4.5% from the prior quarter.
Bridgewater Bancshares (BWB) Loans - Loss Allowance (2017 - 2023) Analysis & Trends
At the end of FY2022, Bridgewater Bancshares' Loans - Loss Allowance was $48 million, up 19.9% from FY2021.
- Loans - Loss Allowance has increased in each of the last six years, with a five-year compound annual growth rate of 23.8% (FY2017 to FY2022).
- Going back by year, Loans - Loss Allowance was $40.02 million in FY2021 (+14.9%), $34.84 million in FY2020 (+54.7%), $22.53 million in FY2019 (+12.5%) and $20.03 million in FY2018 (+21.4%).
- The Q1 2023 figure represents the highest quarterly Loans - Loss Allowance in data going back to Q4 2017.
- Year-over-year, Loans - Loss Allowance has increased for 18 consecutive quarters, with growth averaging 21.2% over the last eight quarters.
- The year-over-year growth in Loans - Loss Allowance has ranged between 12.5% (Q4 2019) and 54.7% (Q4 2020) over the last five years.
- Business Quant data shows BWB's Loans - Loss Allowance at $48 million (Q4 2022), $46.49 million (Q3 2022) and $44.71 million (Q2 2022) in the three quarters before Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 26.15 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 347,603.00 |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 13.11 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | -5.33 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | -331.64 Mn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.91 Bn |
| 10 | Bridgewater Bancshares | 562.36 Mn | -84.93 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 50.15 Mn |
| Dec 31, 2022 | 48.00 Mn |
| Sep 30, 2022 | 46.49 Mn |
| Jun 30, 2022 | 44.71 Mn |
| Mar 31, 2022 | 41.69 Mn |
| Dec 31, 2021 | 40.02 Mn |
| Sep 30, 2021 | 38.90 Mn |
| Jun 30, 2021 | 37.59 Mn |
| Mar 31, 2021 | 35.99 Mn |
| Dec 31, 2020 | 34.84 Mn |
| Sep 30, 2020 | 31.38 Mn |
| Jun 30, 2020 | 27.63 Mn |
| Mar 31, 2020 | 24.59 Mn |
| Dec 31, 2019 | 22.53 Mn |
| Sep 30, 2019 | 22.12 Mn |
| Jun 30, 2019 | 21.36 Mn |
| Mar 31, 2019 | 20.61 Mn |
| Dec 31, 2018 | 20.03 Mn |
| Sep 30, 2018 | 18.95 Mn |
| Jun 30, 2018 | 17.67 Mn |
Bridgewater Bancshares Loans - Loss Allowance 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=loans-loss-allowance&ticker=BWB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "BWB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=BWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();