Discontinued — last reported Q3 '24
Business Segments · Provision for loan losses, net
Triple-net — Provision for loan losses, net
Welltower Triple-net — Provision for loan losses, net decreased by 39.8% to -$1.35M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 136.6%, from $3.68M to -$1.35M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ3 2024Oct 29, 2024
Rolls up toProvision for Credit Losses
How to read this metric
An increase signals deteriorating credit quality in the loan portfolio, while a decrease suggests improving borrower health.
Detailed definition
The expense recognized to account for expected credit losses on the segment's loan portfolio. This reflects management's...
Peer comparison
Standard for REITs with lending components; peers report this as 'Provision for Loan Losses'.
Metric ID:
well_segment_triple_net_provision_for_loan_losses_netHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.02M | -$323.00K | -$1.07M | -$176.00K | $290.00K | $10.24M | $850.00K | $591.00K | $3.68M | $1.23M | -$567.00K | -$962.00K | -$1.35M |
| QoQ Change | — | -103.2% | -229.7% | +83.5% | +264.8% | >999% | -91.7% | -30.5% | +521.8% | -66.5% | -146.0% | -69.7% | -39.8% |
| YoY Change | — | — | — | -101.8% | +189.8% | — | +179.8% | +435.8% | >999% | -88.0% | -166.7% | -262.8% | -136.6% |
Range-$1.35M – $10.24M
CAGR-48.8%
Avg YoY Growth+135.2%
Median YoY Growth-88.0%
Current Streak4 quarters decline
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Frequently Asked Questions
- What is Welltower's triple-net — provision for loan losses, net?
- Welltower (WELL) reported triple-net — provision for loan losses, net of -$1.35M in Q3 2024.
- How has Welltower's triple-net — provision for loan losses, net changed year-over-year?
- Welltower's triple-net — provision for loan losses, net decreased by 136.6% year-over-year, from $3.68M to -$1.35M.
- What does triple-net — provision for loan losses, net mean?
- The estimated cost of potential defaults on loans held by the segment.