Provision for Credit Losses
SS&C Technologies Provision for Credit Losses decreased by 13.6% to $5.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $5.30M to $5.70M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 22.7% 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
| 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 | $2.40M | $2.00M | $1.70M | $2.80M | $4.30M | $2.00M | $1.50M | $5.00M | $3.00M | $1.80M | $1.60M | $5.10M | $4.60M | $4.00M | $1.70M | $5.30M | $3.90M | $2.80M | $6.60M | $5.70M |
| QoQ Change | — | -16.7% | -15.0% | +64.7% | +53.6% | -53.5% | -25.0% | +233.3% | -40.0% | -40.0% | -11.1% | +218.8% | -9.8% | -13.0% | -57.5% | +211.8% | -26.4% | -28.2% | +135.7% | -13.6% |
| YoY Change | — | — | — | — | +79.2% | +0.0% | -11.8% | +78.6% | -30.2% | -10.0% | +6.7% | +2.0% | +53.3% | +122.2% | +6.3% | +3.9% | -15.2% | -30.0% | +288.2% | +7.5% |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is SS&C Technologies's provision for credit losses?
- SS&C Technologies (SSNC) reported provision for credit losses of $5.70M in Q1 2026.
- How has SS&C Technologies's provision for credit losses changed year-over-year?
- SS&C Technologies's provision for credit losses increased by 7.5% year-over-year, from $5.30M to $5.70M.
- What is the long-term trend for SS&C Technologies's provision for credit losses?
- Over 4 years (2021 to 2025), SS&C Technologies's provision for credit losses has grown at a 22.7% compound annual growth rate (CAGR), from $8.20M to $18.60M.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.