Discontinued — last reported Q1 '25
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 increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical Data
| 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% |
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 a lender sets aside to cover expected losses from unpaid debts.