Other
Provision for Credit Losses
Bank of America Provision for Credit Losses increased by 2.2% to $1.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.7%, from $1.48B to $1.34B. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 5.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improved borrower health.
Detailed definition
The provision for credit losses is an expense set aside to cover expected future losses on loans and other credit extens...
Peer comparison
Standard metric for all lending institutions under current accounting standards (e.g., CECL).
Metric ID:
other_financing_receivable_excluding_accrued_interest_an_394a0bHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.15B | -$1.15B | -$1.15B | $30.00M | $523.00M | $898.00M | $1.09B | $931.00M | $1.13B | $1.23B | $1.10B | $1.32B | $1.51B | $1.54B | $1.45B | $1.48B | $1.59B | $1.30B | $1.31B | $1.34B |
| QoQ Change | — | +0.0% | +0.0% | +102.6% | >999% | +71.7% | +21.6% | -14.7% | +20.8% | +9.7% | -10.5% | +19.5% | +14.3% | +2.3% | -5.8% | +1.9% | +7.6% | -18.7% | +1.0% | +2.2% |
| YoY Change | — | — | — | — | +145.5% | +178.2% | +195.1% | >999% | +115.1% | +37.4% | +1.1% | +41.7% | +34.0% | +25.0% | +31.5% | +12.2% | +5.6% | -16.0% | -9.9% | -9.7% |
Range-$1.15B – $1.59B
CAGR+3.3%
Avg YoY Growth+236.9%
Median YoY Growth+32.8%
Current Streak2 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Global Banking | $235.00M | $229.00M | $190.00M | $154.00M | $277.00M | $269.00M | $243.00M | $185.00M |
| Global Wealth & Investment Management | $7.00M | $7.00M | $3.00M | $14.00M | $20.00M | $4.00M | $0.00 | $2.00M |
| Total | $1.51B | $1.54B | $1.45B | $1.48B | $1.59B | $1.30B | $1.31B | $1.34B |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Bank of America's provision for credit losses?
- Bank of America (BAC) reported provision for credit losses of $1.34B in Q1 2026.
- How has Bank of America's provision for credit losses changed year-over-year?
- Bank of America's provision for credit losses decreased by 9.7% year-over-year, from $1.48B to $1.34B.
- What is the long-term trend for Bank of America's provision for credit losses?
- Over 4 years (2021 to 2025), Bank of America's provision for credit losses has grown at a 5.4% compound annual growth rate (CAGR), from -$4.59B to $5.68B.
- What does provision for credit losses mean?
- The amount of money a bank sets aside to cover potential losses from bad loans.