Bank of America reported a $1.3 billion provision for credit losses in Q1 2026, down from $1.5 billion a year earlier, with net charge-offs of $1.4 billion and improving credit-card delinquency trends that supported a modest reserve release. This outcome reflected contained consumer and commercial credit deterioration amid steady loan growth and a 0.48% net charge-off ratio. For Q2, market focus centers on potential seasonal charge-off patterns, ongoing deposit and lending trends, and broader economic data such as unemployment and consumer spending that could drive reserve adjustments ahead of the mid-July earnings release. Stable Fed policy expectations and Treasury yields remain key variables influencing implied credit costs.