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Bankwell Financial Group (FRA:33W) Allowance For Loans And Lease Losses : €-25.75 Mil (As of Mar. 2024)


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What is Bankwell Financial Group Allowance For Loans And Lease Losses?

Bankwell Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-25.75 Mil.

Bankwell Financial Group's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-27.44 Mil) to Dec. 2023 (€-25.63 Mil) but then declined from Dec. 2023 (€-25.63 Mil) to Mar. 2024 (€-25.75 Mil).

Bankwell Financial Group's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-14.96 Mil) to Dec. 2022 (€-21.18 Mil) and declined from Dec. 2022 (€-21.18 Mil) to Dec. 2023 (€-25.63 Mil).


Bankwell Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bankwell Financial Group's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bankwell Financial Group Allowance For Loans And Lease Losses Chart

Bankwell Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.16 -17.27 -14.96 -21.18 -25.63

Bankwell Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.15 -28.33 -27.44 -25.63 -25.75

Bankwell Financial Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Bankwell Financial Group Allowance For Loans And Lease Losses Related Terms

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Bankwell Financial Group (FRA:33W) Business Description

Industry
Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

Bankwell Financial Group (FRA:33W) Headlines

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