Wells Fargo & Company Allowance for loan losses increased by 0.5% to $13.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.2%, from $14.03B to $13.86B. Over 4 years (FY 2021 to FY 2025), Allowance for loan losses shows an upward trend with a 2.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests management expects higher future defaults, while a decrease may signal improved credit quality or a more optimistic economic outlook.
This is a contra-asset account that represents the bank's estimate of the portion of its loan portfolio that will not be...
Banks with higher-risk loan portfolios typically maintain higher allowance ratios relative to total loans.
non_current_assets_financing_receivable_and_net_investme_ef2fe4| 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 | $13.52B | $12.49B | $11.50B | $11.79B | $12.57B | $12.99B | $13.12B | $14.26B | $14.55B | $14.61B | $14.42B | $14.36B | $14.33B | $14.18B | $14.03B | $13.96B | $13.74B | $13.80B | $13.86B |
| QoQ Change | — | -7.6% | -7.9% | +2.5% | +6.7% | +3.3% | +1.0% | +8.7% | +2.1% | +0.4% | -1.3% | -0.4% | -0.2% | -1.0% | -1.1% | -0.5% | -1.6% | +0.4% | +0.5% |
| YoY Change | — | — | — | — | -7.0% | +4.0% | +14.0% | +21.0% | +15.8% | +12.5% | +9.9% | +0.7% | -1.5% | -2.9% | -2.7% | -2.8% | -4.1% | -2.7% | -1.2% |