WEX WEX Benefits — Provision for Credit Losses

Other segment segments

Similar metrics at other companies

EBCProvision for Credit Losses

$5.76M-12.8%

AXProvision for Credit Losses

$41M+183%

ABCBProvision (benefit) for other credit losses

-$6K—

CFGProvision (benefit) for credit losses

$140M-8.5%

CFGConsumer Banking — Provision (benefit) for credit losses

$71M-17.4%

CFGProvision (benefit) for credit losses

$140M-8.5%

Questions, answered.

What is WEX's benefits — provision for credit losses?

WEX (WEX) reported benefits — provision for credit losses of -$600K in Q1 2026.

How has WEX's benefits — provision for credit losses changed year-over-year?

WEX's benefits — provision for credit losses increased by 40.0% year-over-year, from -$1M to -$600K.

What does benefits — provision for credit losses mean?

This is the periodic expense charged to the income statement to maintain the allowance for credit losses at an appropriate level based on expected credit risks. It reflects the company's assessment of potential defaults or non-payment within the benefits segment's portfolio. Significant fluctuations in this provision can directly impact the segment's operating margins.