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Starwood Property Trust STWD Provision for Credit Losses

Provision for Credit Losses at other companies

Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
$55.06M+11.2%
ACR
ACRES Commercial RealtyACR
-$967K+43.7%
Seven Hills Realty Trust logo
Seven Hills Realty TrustSEVN
$603K+494%
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
-$3.29M-182%
Ready Capital logo
Ready CapitalRC
$70.91M+165%
Arbor Realty Trust logo
Arbor Realty TrustABR

Other financials

Income statement

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Revenue$512.5M+22.5%
Net income$51.9M-53.8%
EPS (diluted)$0.13-60.6%

Balance sheet

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Cash & equivalents$666.1M-3.8%
Total debt$69.0M+94.1%
Total equity$6.7B+4.1%
Total assets$62.1B-0.1%

Cash flow

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Operating cash flow$93.6M-60.8%
CapEx$219.6M
Free cash flow$488.8M+65.4%

Valuation

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Market cap$6.18B-13.2%
P/E17.6×-1.7×
P/S3.2×-0.8×

Profitability

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Operating margin14.2%
Net margin18.1%+0.9pp
FCF margin25.8%

Returns & leverage

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Return on equity5.4%+0.4pp
Debt / equity0.0×

Questions, answered.

What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.