Big Five Bank Tracker
Figures through Q2 2026 Figures last changed 14 Oct 2026 Sources checked 14 Oct 2026, 17:45 UTC Source: SEC EDGAR XBRL

Credit quality

Allowance coverage and provisioning across the six banks, with the consumer credit series that lead them. Each panel is one bank on its own axis; the dashed line behind the allowance panels is the median of the six.

Allowance for credit losses, as a share of loans

JPM

1.70% of loans

JPMorgan Chase allowance for credit losses as a share of loans, 12 quarters, against the peer median 1.50%Q3’23Q3’24Q3’25Q3’231.68%Q4’231.69%Q1’241.71%Q2’241.74%Q3’241.79%Q4’241.81%Q1’251.86%Q2’251.77%Q3’251.79%Q4’251.73%Q1’261.72%Q2’261.70%

BAC

1.08% of loans

Bank of America allowance for credit losses as a share of loans, 12 quarters, against the peer median 1.50%Q3’23Q3’24Q3’25Q3’231.27%Q4’231.27%Q1’241.26%Q2’241.25%Q3’241.23%Q4’241.21%Q1’251.19%Q2’251.16%Q3’251.14%Q4’251.11%Q1’261.09%Q2’261.08%

WFC

1.35% of loans

Wells Fargo allowance for credit losses as a share of loans, 12 quarters, against the peer median 1.25% 1.50%Q3’23Q3’24Q3’25Q3’231.54%Q4’231.56%Q1’241.56%Q2’241.56%Q3’241.58%Q4’241.55%Q1’251.54%Q2’251.51%Q3’251.46%Q4’251.40%Q1’261.36%Q2’261.35%

C

2.52% of loans

Citigroup allowance for credit losses as a share of loans, 12 quarters, against the peer median 2.00%Q3’23Q3’24Q3’25Q3’232.65%Q4’232.63%Q1’242.71%Q2’242.65%Q3’242.66%Q4’242.67%Q1’252.67%Q2’252.64%Q3’252.62%Q4’252.56%Q1’262.58%Q2’262.52%

GS

0.83% of loans

Goldman Sachs allowance for credit losses as a share of loans, 12 quarters, against the peer median 1.00% 2.00%Q3’23Q3’24Q3’25Q3’232.67%Q4’232.68%Q1’242.60%Q2’242.54%Q3’242.42%Q4’242.32%Q1’252.10%Q2’252.05%Q3’251.99%Q4’250.90%Q1’260.92%Q2’260.83%

MS also tracked

0.43% of loans

Morgan Stanley allowance for credit losses as a share of loans, 12 quarters, against the peer median 1.00%Q3’23Q3’24Q3’25Q3’230.57%Q4’230.57%Q1’240.56%Q2’240.55%Q3’240.50%Q4’240.47%Q1’250.48%Q2’250.51%Q3’250.47%Q4’250.42%Q1’260.42%Q2’260.43%
  • Bank
  • Median of the six

Each panel has its own y-axis: coverage ranges from well under 1% to over 2.5% across these banks, and a shared axis would flatten five of the six into straight lines. Compare shape and direction here, and read levels from the figure above each panel or the scorecard.

Provision for credit losses, by quarter

JPM

$2,515m this quarter

JPMorgan Chase provision for credit losses by quarter 0 2.5bQ3’23: 1.4bQ4’23: 2.8bQ1’24: 1.9bQ2’24: 3.1bQ3’24: 3.1bQ4’24: 2.6bQ1’25: 3.3bQ2’25: 2.8bQ3’25: 3.4bQ4’25: 4.7bQ1’26: 2.5bQ2’26: 2.5bQ3’23Q3’24Q3’25Q3’23$1,384mQ4’23$2,762mQ1’24$1,884mQ2’24$3,052mQ3’24$3,111mQ4’24$2,631mQ1’25$3,305mQ2’25$2,849mQ3’25$3,403mQ4’25$4,655mQ1’26$2,507mQ2’26$2,515m

BAC

$1,377m this quarter

Bank of America provision for credit losses by quarter 0 1.0bQ3’23: 1.3bQ4’23: 1.2bQ1’24: 1.4bQ2’24: 1.6bQ3’24: 1.5bQ4’24: 1.5bQ1’25: 1.5bQ2’25: 1.6bQ3’25: 1.3bQ4’25: 1.2bQ1’26: 1.4bQ2’26: 1.4bQ3’23Q3’24Q3’25Q3’23$1,268mQ4’23$1,248mQ1’24$1,370mQ2’24$1,562mQ3’24$1,547mQ4’24$1,456mQ1’25$1,466mQ2’25$1,560mQ3’25$1,328mQ4’25$1,241mQ1’26$1,353mQ2’26$1,377m

WFC

$914m this quarter

Wells Fargo provision for credit losses by quarter 0 1.0bQ3’23: 1.2bQ4’23: 1.3bQ1’24: 938Q2’24: 1.2bQ3’24: 1.1bQ4’24: 1.1bQ1’25: 932Q2’25: 1.0bQ3’25: 681Q4’25: 1.0bQ1’26: 1.1bQ2’26: 914Q3’23Q3’24Q3’25Q3’23$1,197mQ4’23$1,282mQ1’24$938mQ2’24$1,236mQ3’24$1,065mQ4’24$1,095mQ1’25$932mQ2’25$1,005mQ3’25$681mQ4’25$1,040mQ1’26$1,135mQ2’26$914m

C

$2,603m this quarter

Citigroup provision for credit losses by quarter 0 2.0bQ3’23: 1.8bQ4’23: 2.5bQ1’24: 2.4bQ2’24: 2.4bQ3’24: 2.4bQ4’24: 2.6bQ1’25: 2.6bQ2’25: 2.5bQ3’25: 2.3bQ4’25: 2.2bQ1’26: 2.6bQ2’26: 2.6bQ3’23Q3’24Q3’25Q3’23$1,816mQ4’23$2,472mQ1’24$2,422mQ2’24$2,359mQ3’24$2,382mQ4’24$2,563mQ1’25$2,561mQ2’25$2,477mQ3’25$2,259mQ4’25$2,200mQ1’26$2,605mQ2’26$2,603m

GS

$102m this quarter

Goldman Sachs provision for credit losses by quarter -2.0b 0Q3’23: 7Q4’23: 577Q1’24: 318Q2’24: 282Q3’24: 397Q4’24: 351Q1’25: 287Q2’25: 384Q3’25: 339Q4’25: -2.1bQ1’26: 315Q2’26: 102Q3’23Q3’24Q3’25Q3’23$7mQ4’23$577mQ1’24$318mQ2’24$282mQ3’24$397mQ4’24$351mQ1’25$287mQ2’25$384mQ3’25$339mQ4’25−$2,123mQ1’26$315mQ2’26$102m

MS also tracked

$110m this quarter

Morgan Stanley provision for credit losses by quarter 0 100Q3’23: 123Q4’23: 26Q1’24: -22Q2’24: 85Q3’24: 18Q4’24: 65Q1’25: 81Q2’25: 138Q3’25: 6Q4’25: 5Q1’26: 82Q2’26: 110Q3’23Q3’24Q3’25Q3’23$123mQ4’23$26mQ1’24−$22mQ2’24$85mQ3’24$18mQ4’24$65mQ1’25$81mQ2’25$138mQ3’25$6mQ4’25$5mQ1’26$82mQ2’26$110m

Bars below the zero line are net releases. Goldman Sachs released $2,123m in Q4 2025 — that figure is recovered arithmetically from the full year and is corroborated by its allowance moving from $4,508m to $2,148m over the same quarter. How Q4 is recovered.

What leads them

Consumer credit and unemployment

Credit card delinquency rate and the unemployment rate, both in percent.

Credit card delinquency rate and unemployment rate 2.0% 3.0% 4.0%Card delinquencyCardUnemploymentUnemp.Nov 21Jan 23Mar 24May 25Aug 261 Jan 2022Card1.69%Unemp.4.0%1 Apr 2022Card1.83%Unemp.3.7%1 Jul 2022Card2.05%Unemp.3.5%1 Oct 2022Card2.26%Unemp.3.6%1 Jan 2023Card2.47%Unemp.3.5%1 Apr 2023Card2.75%Unemp.3.4%1 Jul 2023Card2.95%Unemp.3.5%1 Oct 2023Card3.1%Unemp.3.9%1 Jan 2024Card3.17%Unemp.3.7%1 Apr 2024Card3.22%Unemp.3.9%1 Jul 2024Card3.2%Unemp.4.2%1 Oct 2024Card3.08%Unemp.4.1%1 Jan 2025Card3.05%Unemp.4.0%1 Apr 2025Card3.04%Unemp.4.2%1 Jul 2025Card2.99%Unemp.4.3%Card 1 Oct 20252.95%Unemp. 1 Sep 20254.4%1 Jan 2026Card2.91%Unemp.4.3%1 Apr 2026Card2.85%Unemp.4.3%
  • Card delinquency rate (DRCCLACBS)
  • Unemployment rate (UNRATE)

Latest reading Card 2.85% 1 Apr 2026 · Unemp. 4.2% 1 Sep 2026 Hover anywhere on the chart to read both series at that date.

Card delinquencies have historically led net charge-offs by roughly two quarters. That lag is an observation about the series, not a forecast of any bank's results.

Net charge-off rate, Y-9C basis

JPM

0.59% annualized

JPMorgan Chase net charge-off rate on the Y-9C basis, against the peer median 0.40% 0.60%Q3’23Q3’24Q3’25Q3’230.44%Q4’230.64%Q1’240.58%Q2’240.65%Q3’240.61%Q4’240.68%Q1’250.67%Q2’250.68%Q3’250.70%Q4’250.66%Q1’260.60%Q2’260.59%

BAC

0.44% annualized

Bank of America net charge-off rate on the Y-9C basis, against the peer median 0.40%Q3’23Q3’24Q3’25Q3’230.34%Q4’230.44%Q1’240.55%Q2’240.56%Q3’240.55%Q4’240.51%Q1’250.51%Q2’250.52%Q3’250.45%Q4’250.41%Q1’260.45%Q2’260.44%

WFC

0.34% annualized

Wells Fargo net charge-off rate on the Y-9C basis, against the peer median 0.40%Q3’23Q3’24Q3’25Q3’230.36%Q4’230.53%Q1’240.49%Q2’240.56%Q3’240.49%Q4’240.53%Q1’250.44%Q2’250.43%Q3’250.40%Q4’250.44%Q1’260.44%Q2’260.34%

C

1.17% annualized

Citigroup net charge-off rate on the Y-9C basis, against the peer median 0.50% 1.00%Q3’23Q3’24Q3’25Q3’230.96%Q4’231.16%Q1’241.33%Q2’241.32%Q3’241.24%Q4’241.27%Q1’251.39%Q2’251.22%Q3’251.19%Q4’251.15%Q1’261.12%Q2’261.17%

GS

0.30% annualized

Goldman Sachs net charge-off rate on the Y-9C basis, against the peer median 0.50%Q3’23Q3’24Q3’25Q3’230.72%Q4’230.77%Q1’240.62%Q2’240.55%Q3’240.63%Q4’240.65%Q1’250.61%Q2’250.44%Q3’250.43%Q4’250.37%Q1’260.07%Q2’260.30%

MS also tracked

0.03% annualized

Morgan Stanley net charge-off rate on the Y-9C basis, against the peer median 0.00% 0.50%Q3’23Q3’24Q3’25Q3’230.06%Q4’230.04%Q1’240.00%Q2’240.07%Q3’240.13%Q4’240.12%Q1’250.03%Q2’250.02%Q3’250.07%Q4’250.10%Q1’260.04%Q2’260.03%

Annualized net charge-offs over quarterly-average loans, computed from each holding company's FR Y-9C regulatory filing — one consistent definition across all six banks. This is not the headline rate each bank quotes, which is computed on its own loan-book slices. Formula and basis.

Charge-off rates broken out by loan book (card, commercial, mortgage) are not on this page: they are not reliably tagged in XBRL and live only in each bank's financial supplement, and nothing here is parsed from those documents. The aggregate net charge-off rate above comes from the FR Y-9C regulatory filing instead. See methodology.

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.