Non-Current Assets
Allowance for credit losses
Truist Financial Allowance for credit losses decreased by 0.1% to $5.03B in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Allowance for credit losses shows relatively stable performance with a 2.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026
Parent metricNet loans
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.
Metric ID:
bank_allowance_for_credit_lossesHistorical Data
6 periods
| Q4 '23 | Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|
| Value | $4.80B | $4.86B | $4.90B | $4.99B | $5.03B | $5.03B |
| QoQ Change | — | +1.2% | +0.9% | +1.8% | +0.8% | -0.1% |
| YoY Change | — | +1.2% | — | — | +3.6% | — |
Range$4.80B – $5.03B
CAGR+3.8%
Avg YoY Growth+2.4%
Median YoY Growth+2.4%
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Truist Financial's allowance for credit losses?
- Truist Financial (TFC) reported allowance for credit losses of $5.03B in Q1 2026.
- What is the long-term trend for Truist Financial's allowance for credit losses?
- Over 2 years (2023 to 2025), Truist Financial's allowance for credit losses has grown at a 2.4% compound annual growth rate (CAGR), from $4.80B to $5.03B.
- 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.