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GuruFocus has detected 5 Warning Signs with Bank of New York Mellon Corp $BK.
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Bank of New York Mellon Corp (NYSE:BK)
Credit Losses Provision
$-11 Mil (TTM As of Dec. 2016)

Bank of New York Mellon Corp's credit losses provision for the three months ended in Dec. 2016 was $7 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $-11 Mil.

Bank of New York Mellon Corp's quarterly credit losses provision declined from Jun. 2016 ($-9 Mil) to Sep. 2016 ($-19 Mil) but then increased from Sep. 2016 ($-19 Mil) to Dec. 2016 ($7 Mil).

Bank of New York Mellon Corp's annual credit losses provision increased from Dec. 2014 ($-48 Mil) to Dec. 2015 ($160 Mil) but then declined from Dec. 2015 ($160 Mil) to Dec. 2016 ($-11 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. 2016 was 10 (Mar. 2016 ) + -9 (Jun. 2016 ) + -19 (Sep. 2016 ) + 7 (Dec. 2016 ) = $-11 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bank of New York Mellon Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision -10104332111-80-35-48160-11

Bank of New York Mellon Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 12-6116310-9-197-5
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