Bankwell Financial (BWFG) Loans - Loss Allowance (2013 - 2026)
Bankwell Financial (BWFG) recorded Loans - Loss Allowance of $29.58 million in Q1 2026, up 0.3% from $29.49 million a year earlier.
Analysis
Bankwell Financial (BWFG) Loans - Loss Allowance (2013 - 2026) Analysis & Trends
At the end of FY2024, Bankwell Financial reported Loans - Loss Allowance of $29.01 million, up 3.8% from FY2023.
- Annual Loans - Loss Allowance has increased for three straight years, with a five-year compound annual growth rate of 16.5% (FY2019 to FY2024).
- Across earlier years, Loans - Loss Allowance came in at $27.95 million in FY2023 (+24.6%), $22.43 million in FY2022 (+32.7%), $16.9 million in FY2021 (-19.5%) and $21.01 million in FY2020 (+55.5%).
- The Q1 2026 figure is the highest quarterly Loans - Loss Allowance since Q2 2024.
- On a year-over-year basis, Loans - Loss Allowance rose in four of the last six quarters, with growth averaging 0.5%.
- Peak year-over-year performance for Loans - Loss Allowance in the last five years was growth of 94.6% in Q2 2023, against a decline of 19.5% in Q4 2021 at the low end.
Peer Set
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 | Bankwell Financial | 516.66 Mn | -196.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 29.58 Mn |
| Jun 30, 2025 | 29.26 Mn |
| Mar 31, 2025 | 29.49 Mn |
| Dec 31, 2024 | 29.01 Mn |
| Sep 30, 2024 | 27.75 Mn |
| Jun 30, 2024 | 36.08 Mn |
| Mar 31, 2024 | 27.99 Mn |
| Dec 31, 2023 | 27.95 Mn |
| Sep 30, 2023 | 29.28 Mn |
| Jun 30, 2023 | 30.69 Mn |
| Mar 31, 2023 | 28.00 Mn |
| Dec 31, 2022 | 22.43 Mn |
| Sep 30, 2022 | 18.17 Mn |
| Jun 30, 2022 | 15.77 Mn |
| Mar 31, 2022 | 17.14 Mn |
| Dec 31, 2021 | 16.90 Mn |
| Sep 30, 2021 | 16.80 Mn |
| Jun 30, 2021 | 16.67 Mn |
| Mar 31, 2021 | 20.55 Mn |
| Dec 31, 2020 | 21.01 Mn |
API Access
Bankwell Financial 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=BWFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "BWFG", "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=BWFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();