Discontinued — last reported Q2 '23

Geographic · Allowance for credit losses

Chicago — Allowance for credit losses

Starwood Property Trust Chicago — Allowance for credit losses increased by 65.7% to $11.10M in Q2 2023 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ2 2023Nov 8, 2023
Rolls up toNet loans

How to read this metric

An increase suggests management anticipates higher credit risk, while a decrease reflects improved credit outlook or reduced portfolio exposure.

Detailed definition

A contra-asset account representing the estimated amount of credit losses expected over the life of the loan portfolio i...

Peer comparison

Standard accounting metric (ACL/ALLL) required for all financial institutions under GAAP/IFRS.

Metric ID: stwd_segment_chicago_allowance_for_credit_losses

Historical Data

2 periods
 Q1 '23Q2 '23
Value$6.70M$11.10M
QoQ Change—+65.7%
Range$6.70M – $11.10M

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Frequently Asked Questions

What is Starwood Property Trust's chicago — allowance for credit losses?
Starwood Property Trust (STWD) reported chicago — allowance for credit losses of $11.10M in Q2 2023.
What does chicago — allowance for credit losses mean?
The estimated reserve set aside to cover potential future loan losses in the Chicago region.