Discontinued — last reported Q3 '23
Allowance for credit losses
State Street Allowance for credit losses decreased by 13.0% to $168.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.5%, from $176.00M to $168.00M. Over 4 years (FY 2021 to FY 2025), Allowance for credit losses shows an upward trend with a 22.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
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.
bank_allowance_for_credit_lossesHistorical Data
| 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 | $87.00M | $86.00M | $95.00M | $97.00M | $97.00M | $115.00M | $120.00M | $119.00M | $135.00M | $135.00M | $136.00M | $162.00M | $174.00M | $176.00M | $179.00M | $190.00M | $193.00M | $168.00M |
| QoQ Change | — | -1.1% | +10.5% | +2.1% | +0.0% | +18.6% | +4.3% | -0.8% | +13.4% | +0.0% | +0.7% | +19.1% | +7.4% | +1.1% | +1.7% | +6.1% | +1.6% | -13.0% |
| YoY Change | — | — | — | — | +11.5% | +33.7% | +26.3% | +22.7% | +39.2% | +17.4% | +13.3% | +36.1% | +28.9% | +30.4% | +31.6% | +17.3% | +10.9% | -4.5% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is State Street's allowance for credit losses?
- State Street (STT) reported allowance for credit losses of $168.00M in Q1 2026.
- How has State Street's allowance for credit losses changed year-over-year?
- State Street's allowance for credit losses decreased by 4.5% year-over-year, from $176.00M to $168.00M.
- What is the long-term trend for State Street's allowance for credit losses?
- Over 4 years (2021 to 2025), State Street's allowance for credit losses has grown at a 22.0% compound annual growth rate (CAGR), from $87.00M to $193.00M.
- 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.