Provision for Credit Losses
RBC Bearings Provision for Credit Losses remained flat by 0.0% to $100.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 500.0%, from -$25.00K to $100.00K. Over 4 years (FY 2022 to FY 2026), Provision for Credit Losses shows a downward trend with a -5.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $500.00K | $400.00K | $500.00K | -$100.00K | $400.00K |
| YoY Change | — | -20.0% | +25.0% | -120.0% | +500.0% |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is RBC Bearings's provision for credit losses?
- RBC Bearings (RBC) reported provision for credit losses of $100.00K in Q1 2026.
- How has RBC Bearings's provision for credit losses changed year-over-year?
- RBC Bearings's provision for credit losses increased by 500.0% year-over-year, from -$25.00K to $100.00K.
- What is the long-term trend for RBC Bearings's provision for credit losses?
- Over 4 years (2022 to 2026), RBC Bearings's provision for credit losses has grown at a -5.4% compound annual growth rate (CAGR), from $500.00K to $400.00K.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.