Operating Expenses
Provision for Credit Losses
Wells Fargo & Company Provision for Credit Losses increased by 9.1% to $1.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $932.00M to $1.14B. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a -3.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase suggests deteriorating credit quality or portfolio growth, while a decrease may indicate improved borrower health or more conservative lending.
Detailed definition
This is an expense set aside to cover expected future losses on loans and credit card receivables. It reflects managemen...
Peer comparison
Standard for all lenders and credit card issuers.
Metric ID:
provision_for_credit_lossesHistorical Data
20 periods
| Q2 '21 | 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 | -$1.26B | -$1.40B | -$452.00M | -$787.00M | $580.00M | $784.00M | $957.00M | $1.21B | $1.71B | $1.20B | $1.28B | $938.00M | $1.24B | $1.07B | $1.10B | $932.00M | $1.01B | $681.00M | $1.04B | $1.14B |
| QoQ Change | — | -10.7% | +67.6% | -74.1% | +173.7% | +35.2% | +22.1% | +26.1% | +41.9% | -30.1% | +7.1% | -26.8% | +31.8% | -13.8% | +2.8% | -14.9% | +7.8% | -32.2% | +52.7% | +9.1% |
| YoY Change | — | — | — | — | +146.0% | +156.2% | +311.7% | +253.4% | +195.3% | +52.7% | +34.0% | -22.3% | -27.8% | -11.0% | -14.6% | -0.6% | -18.7% | -36.1% | -5.0% | +21.8% |
Range-$1.40B – $1.71B
CAGR-2.2%
Avg YoY Growth+64.7%
Median YoY Growth+10.6%
Current Streak2 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer Banking and Lending | $932.00M | $930.00M | $911.00M | $739.00M | $945.00M | $767.00M | $911.00M | $818.00M |
| Corporate and Investment Banking | $285.00M | $26.00M | $205.00M | $0.00 | $103.00M | -$107.00M | $78.00M | $175.00M |
| Commercial Banking | $29.00M | $85.00M | $33.00M | $187.00M | -$43.00M | $39.00M | $105.00M | $150.00M |
| Wealth And Investment Management | -$14.00M | $16.00M | -$27.00M | $11.00M | $12.00M | -$14.00M | -$9.00M | -$10.00M |
| Total | $1.24B | $1.07B | $1.10B | $932.00M | $1.01B | $681.00M | $1.04B | $1.14B |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Wells Fargo & Company's provision for credit losses?
- Wells Fargo & Company (WFC) reported provision for credit losses of $1.14B in Q1 2026.
- How has Wells Fargo & Company's provision for credit losses changed year-over-year?
- Wells Fargo & Company's provision for credit losses increased by 21.8% year-over-year, from $932.00M to $1.14B.
- What is the long-term trend for Wells Fargo & Company's provision for credit losses?
- Over 4 years (2021 to 2025), Wells Fargo & Company's provision for credit losses has grown at a -3.1% compound annual growth rate (CAGR), from -$4.16B to $3.66B.
- What does provision for credit losses mean?
- The amount of money set aside to cover potential losses from unpaid loans.