WEX WEX Provision (benefit) for other credit losses
Provision (benefit) for other credit losses at other companies
Other financials
Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is WEX's provision (benefit) for other credit losses?
- WEX (WEX) reported provision (benefit) for other credit losses of $29.3M in Q1 2026.
- How has WEX's provision (benefit) for other credit losses changed year-over-year?
- WEX's provision (benefit) for other credit losses increased by 84.3% year-over-year, from $15.9M to $29.3M.
- What is the long-term trend for WEX's provision (benefit) for other credit losses?
- Over 4 years (2021 to 2025), WEX's provision (benefit) for other credit losses has grown at a 14.8% compound annual growth rate (CAGR), from $45.1M to $78.3M.
- What does provision (benefit) for other credit losses mean?
- This metric reflects the estimated expense for potential defaults or uncollectible accounts within the company's credit-based payment portfolios. It serves as a critical indicator of credit risk management and the quality of the company's customer base. High levels of provision may signal deteriorating credit conditions or aggressive lending practices.