Goldman’s Loss Provisions Look Benign as Tricolor Hits JPMorgan

Goldman Sachs Group Inc. presented a fairly benign outlook for its credit provisions compared to those of its rival JPMorgan Chase & Co., which was hit by an exposure to the collapsed Tricolor Holdings.

With both the Wall Street giants reporting their earnings on Tuesday, Goldman reported a smaller credit-loss provision from a year earlier at $339 million — less than expectations, while JPMorgan’s $3.4 billion exceeded analyst estimates.

While the blowup at Tricolor didn’t impact Goldman, it contributed to a charge-off of $170 million at JPMorgan, adding to the total provisions.

Dallas-based Tricolor, a used car seller ...