JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt

JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5. 361 billion from customers who can no longer pay their debt. In their Q2 2025 earnings reports, the three major banks disclosed billions of dollars in losses from “net charge-offs” — loans written off as uncollectible after all efforts to recover payments proved unsuccessful source: https://dailyhodl.com/2025/07/19/jpmorgan-chase-citi-and-wells-fargo-lose-5361000000-to-bad-loans-in-one-quarter-as-customers-fail-to-pay-debt/