v3.26.3
ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)
 9 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Schedule of Allowance for Loan and Lease Losses
The ALLL activity for loans and leases is summarized in the following tables:

Allowance for Loan and Lease Losses
dollars in millionsThree Months Ended September 30, 2026Three Months Ended September 30, 2025
CommercialConsumerTotalCommercialConsumerTotal
Balance at beginning of period$1,353 $131 $1,484 $1,512 $160 $1,672 
BMO PSL ALLL5 — 5 — — — 
Provision (benefit) for loan and lease losses
34 16 50 238 (24)214 
Charge-offs(127)(8)(135)(244)(12)(256)
Recoveries29 3 32 18 4 22 
Balance at end of period$1,294 $142 $1,436 $1,524 $128 $1,652 

Nine Months Ended September 30, 2026Nine Months Ended September 30, 2025
CommercialConsumerTotalCommercialConsumerTotal
Balance at beginning of period$1,436 $130 $1,566 $1,518 $158 $1,676 
BMO PSL ALLL5 — 5 — — — 
Provision (benefit) for loan and lease losses
159 28 187 487 (14)473 
Charge-offs
(372)(25)(397)(540)(27)(567)
Recoveries66 9 75 59 11 70 
Balance at end of period$1,294 $142 $1,436 $1,524 $128 $1,652 
The following table presents the components of the provision for credit losses:

Provision for Credit Losses
dollars in millionsThree Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Provision for loan and lease losses
$50 $214 $187 $473 
Provision (benefit) for off-balance sheet credit exposure6 (23)(70)(13)
Benefit for other receivables(1)— — — 
Provision for credit losses$55 $191 $117 $460