Report|20 Apr 2026

Macro Pulse U.S.: Reserve Trends Suggest Large-Bank Credit Remains Stable

Loan loss reserve (LLR) ratios declined modestly year-over-year (YoY) across the largest U.S. banks, reinforcing the view that credit conditions remain stable even as investors stay vigilant for signs of broader underwriting stress.

In the latest 3 Things in Credit, KBRA’s Chief Markets Strategist Van Hesser discusses what reserve trends at the largest U.S. banks may be signaling about credit quality, and why the latest data still points to a relatively constructive backdrop. Listen to Van Hesser’s insights on: Apple Podcasts | YouTube Music | Spotify or

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