Bank of America BAC Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by Bank of America in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.
The official record: Bank of America’s 8-K, filed July 14, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Bank of America's allowance for credit losses?
- Bank of America (BAC) reported allowance for credit losses of $13.11B in Q2 2026.
- How has Bank of America's allowance for credit losses changed year-over-year?
- Bank of America's allowance for credit losses decreased by 1.3% year-over-year, from $13.29B to $13.11B.
- What is the long-term trend for Bank of America's allowance for credit losses?
- Over 5 years (2020 to 2025), Bank of America's allowance for credit losses has grown at a -6.8% compound annual growth rate (CAGR), from $18.8B to $13.2B.
- What does allowance for credit losses mean?
- Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.