Bankwell Financial BWFG
NASDAQ BWFG
$64.28 -0.52 (-0.80%)
As of: Oct 1, 2026 · 10:10 AM EDT

Bankwell Financial (BWFG) Loans - Loss Allowance (2013 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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

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