Discontinued — last reported Q1 '25
Provision for Credit Losses
JPMorgan Chase Provision for Credit Losses decreased by 46.1% to $2.51B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.1%, from $3.31B to $2.51B. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 11.3% 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 | -$2.29B | -$1.53B | -$1.29B | $1.46B | $1.10B | $1.54B | $2.29B | $2.28B | $2.90B | $1.38B | $2.76B | $1.88B | $3.05B | $3.11B | $2.63B | $3.31B | $2.85B | $3.40B | $4.66B | $2.51B |
| QoQ Change | — | +33.2% | +15.7% | +213.6% | -24.7% | +39.6% | +48.9% | -0.6% | +27.4% | -52.3% | +99.6% | -31.8% | +62.0% | +1.9% | -15.4% | +25.6% | -13.8% | +19.4% | +36.8% | -46.1% |
| YoY Change | — | — | — | — | +148.2% | +200.7% | +277.6% | +55.5% | +163.3% | -10.0% | +20.7% | -17.2% | +5.3% | +124.8% | -4.7% | +75.4% | -6.7% | +9.4% | +76.9% | -24.1% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer & Community Banking | $2.64B | $2.80B | $2.62B | $2.63B | $2.08B | $2.54B | $4.24B | $2.05B |
| Commercial & Investment Bank | $384.00M | $316.00M | $61.00M | $705.00M | $696.00M | $809.00M | $405.00M | $482.00M |
| Asset & Wealth Management | $20.00M | $4.00M | -$35.00M | -$10.00M | $46.00M | $59.00M | $2.00M | -$24.00M |
| Total | $3.05B | $3.11B | $2.63B | $3.31B | $2.85B | $3.40B | $4.66B | $2.51B |
Commercial Banking was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is JPMorgan Chase's provision for credit losses?
- JPMorgan Chase (JPM) reported provision for credit losses of $2.51B in Q1 2026.
- How has JPMorgan Chase's provision for credit losses changed year-over-year?
- JPMorgan Chase's provision for credit losses decreased by 24.1% year-over-year, from $3.31B to $2.51B.
- What is the long-term trend for JPMorgan Chase's provision for credit losses?
- Over 4 years (2021 to 2025), JPMorgan Chase's provision for credit losses has grown at a 11.3% compound annual growth rate (CAGR), from -$9.26B to $14.21B.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.