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.

Clover Health Investments CLOV Allowance for credit losses

Globe LifeGL

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Revenue$749.2M+62.0%

Operating income$27.3M+2,246%

Net income$27.3M+2,246%

EPS (diluted)$0.05—

Cash & equivalents$173.3M+11.5%

Total debt$3.3M-0.9%

Total equity$339.4M+1.0%

Total assets$697.7M+19.5%

Operating cash flow$107.9M+762%

CapEx$854.0K+362%

Free cash flow$107.0M+750%

Market cap$2.67B-49.7%

P/S1.2×-2.4×

Operating margin-2.6%+3.5pp

Net margin-2.6%+2.8pp

FCF margin-10.3%—

Return on equity-16.9%-170pp

Debt / equity0×0.0×

Current ratio1.3×-0.2×

Reported directly by Clover Health Investments in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss.

The official record: Clover Health Investments’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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What is Clover Health Investments's allowance for credit losses?: Clover Health Investments (CLOV) reported allowance for credit losses of $0 in Q1 2026.
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.