Truist Financial CSBB — Provision for Credit Losses decreased by 13.4% to $374.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.4%, from $327.00M to $374.00M. Over 3 years (FY 2022 to FY 2025), CSBB — Provision for Credit Losses shows an upward trend with a 21.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease indicates improving portfolio health or reduced risk.
This is the expense recorded to maintain the allowance for credit losses at a level sufficient to cover estimated losses...
Comparable to Provision for Loan Losses (PLL) for retail banking segments at peer financial institutions.
tfc_segment_csbb_provision_for_credit_losses| 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 | $216.00M | $216.00M | $216.00M | $216.00M | $270.00M | $227.00M | $259.00M | $360.00M | $303.00M | $309.00M | $353.00M | $343.00M | $327.00M | $384.00M | $400.00M | $432.00M | $374.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +25.0% | -15.9% | +14.1% | +39.0% | -15.8% | +2.0% | +14.2% | -2.8% | -4.7% | +17.4% | +4.2% | +8.0% | -13.4% |
| YoY Change | — | — | — | — | +25.0% | +5.1% | +19.9% | +66.7% | +12.2% | +36.1% | +36.3% | -4.7% | +7.9% | +24.3% | +13.3% | +25.9% | +14.4% |