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Bank of America Corporation's credit losses provision for the three months ended in Sep. 2015 was $806 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2015 was $2,570 Mil.
Bank of America Corporation's quarterly credit losses provision increased from Mar. 2015 ($765 Mil) to Jun. 2015 ($780 Mil) and increased from Jun. 2015 ($780 Mil) to Sep. 2015 ($806 Mil).
Bank of America Corporation's annual credit losses provision declined from Dec. 2012 ($8,169 Mil) to Dec. 2013 ($3,556 Mil) and declined from Dec. 2013 ($3,556 Mil) to Dec. 2014 ($2,275 Mil).
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
Bank of America Corporation Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2015 was 219 (Dec. 2014 ) + 765 (Mar. 2015 ) + 780 (Jun. 2015 ) + 806 (Sep. 2015 ) = $2,570 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Bank of America Corporation Annual Data
Bank of America Corporation Quarterly Data
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