Allowance for credit losses
Fifth Third Bank Allowance for credit losses increased by 29.7% to $2.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.6%, from $2.38B to $2.92B. Over 5 years (FY 2020 to FY 2025), Allowance for credit losses shows relatively stable performance with a -1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often signals management's expectation of deteriorating credit quality or economic headwinds, while a decrease may suggest improved borrower health.
Detailed definition
A contra-asset account representing the bank's estimate of uncollectible amounts within its loan portfolio. This reserve...
Peer comparison
Required by accounting standards (e.g., CECL or IFRS 9) for all banks; essential for comparing risk-adjusted performance.
bank_allowance_for_credit_lossesHistorical Data
| 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 | $2.03B | $1.95B | $1.89B | $1.91B | $2.01B | $2.10B | $2.19B | $2.22B | $2.33B | $2.34B | $2.32B | $2.32B | $2.29B | $2.31B | $2.35B | $2.38B | $2.41B | $2.27B | $2.25B | $2.92B |
| QoQ Change | — | -3.9% | -3.2% | +0.8% | +5.6% | +4.2% | +4.5% | +1.0% | +5.1% | +0.6% | -0.8% | -0.2% | -1.3% | +0.7% | +2.0% | +1.4% | +1.2% | -6.1% | -0.5% | +29.7% |
| YoY Change | — | — | — | — | -0.9% | +7.4% | +16.0% | +16.1% | +15.5% | +11.5% | +5.8% | +4.7% | -1.7% | -1.5% | +1.3% | +2.8% | +5.4% | -1.7% | -4.2% | +22.6% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Fifth Third Bank's allowance for credit losses?
- Fifth Third Bank (FITB) reported allowance for credit losses of $2.92B in Q1 2026.
- How has Fifth Third Bank's allowance for credit losses changed year-over-year?
- Fifth Third Bank's allowance for credit losses increased by 22.6% year-over-year, from $2.38B to $2.92B.
- What is the long-term trend for Fifth Third Bank's allowance for credit losses?
- Over 5 years (2020 to 2025), Fifth Third Bank's allowance for credit losses has grown at a -1.7% compound annual growth rate (CAGR), from $2.45B to $2.25B.
- What does allowance for credit losses mean?
- The amount of money the bank has set aside to cover potential losses from loans that may not be repaid.