Switch to:
Bank of New York Mellon Corp (NYSE:BK)
Credit Losses Provision
$-48 Mil (TTM As of Dec. 2014)

Bank of New York Mellon Corp's credit losses provision for the three months ended in Dec. 2014 was $1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2014 was $-48 Mil.

Bank of New York Mellon Corp's quarterly credit losses provision declined from Jun. 2014 ($-12 Mil) to Sep. 2014 ($-19 Mil) but then increased from Sep. 2014 ($-19 Mil) to Dec. 2014 ($1 Mil).

Bank of New York Mellon Corp's annual credit losses provision increased from Dec. 2012 ($-80 Mil) to Dec. 2013 ($-35 Mil) but then declined from Dec. 2013 ($-35 Mil) to Dec. 2014 ($-48 Mil).


Definition

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 New York Mellon Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2014 was -18 (Mar. 2014 ) + -12 (Jun. 2014 ) + -19 (Sep. 2014 ) + 1 (Dec. 2014 ) = $-48 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of New York Mellon Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
IS_CreditLossesProvision -7-20-10104332111-80-35-48

Bank of New York Mellon Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
IS_CreditLossesProvision 5-61-24-1926-18-12-191
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK