Non-Current Assets
Allowance for credit losses
U.S. Bancorp Allowance for credit losses increased by 0.5% to $7.65B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $7.58B to $7.65B. Over 3 years (FY 2022 to FY 2025), Allowance for credit losses shows relatively stable performance with a 3.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026May 4, 2026
Parent metricNet loans
How to read this metric
An increase relative to total loans may signal deteriorating credit quality or a more conservative economic outlook.
Detailed definition
A contra-asset account representing the management's estimate of potential losses within the loan portfolio. It is a cri...
Peer comparison
Standardized under CECL or similar accounting frameworks; essential for evaluating credit risk management.
Metric ID:
bank_allowance_for_credit_lossesHistorical Data
11 periods
| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.94B | $7.38B | $7.51B | $7.55B | $7.56B | $7.58B | $7.58B | $7.54B | $7.56B | $7.61B | $7.65B |
| QoQ Change | — | +6.4% | +1.8% | +0.5% | +0.1% | +0.3% | +0.0% | -0.6% | +0.3% | +0.6% | +0.5% |
| YoY Change | — | +6.4% | — | — | — | +2.8% | +0.9% | -0.2% | -0.0% | +0.3% | +0.8% |
Range$6.94B – $7.65B
CAGR+4.0%
Avg YoY Growth+1.6%
Median YoY Growth+0.8%
Current Streak3 quarters growth
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is U.S. Bancorp's allowance for credit losses?
- U.S. Bancorp (USB) reported allowance for credit losses of $7.65B in Q1 2026.
- How has U.S. Bancorp's allowance for credit losses changed year-over-year?
- U.S. Bancorp's allowance for credit losses increased by 0.8% year-over-year, from $7.58B to $7.65B.
- What is the long-term trend for U.S. Bancorp's allowance for credit losses?
- Over 3 years (2022 to 2025), U.S. Bancorp's allowance for credit losses has grown at a 3.1% compound annual growth rate (CAGR), from $6.94B to $7.61B.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that might not be repaid.