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Bank of Montreal (NYSE:BMO)
Credit Losses Provision
$580 Mil (TTM As of Jul. 2016)

Bank of Montreal's credit losses provision for the three months ended in Jul. 2016 was $197 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jul. 2016 was $580 Mil.

Bank of Montreal's quarterly credit losses provision increased from Jan. 2016 ($129 Mil) to Apr. 2016 ($157 Mil) and increased from Apr. 2016 ($157 Mil) to Jul. 2016 ($197 Mil).

Bank of Montreal's annual credit losses provision declined from Oct. 2012 ($775 Mil) to Oct. 2013 ($569 Mil) and declined from Oct. 2013 ($569 Mil) to Oct. 2014 ($500 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 Montreal Credit Losses Provision for the trailing twelve months (TTM) ended in Jul. 2016 was 97.9192166463 (Oct. 2015 ) + 128.800675676 (Jan. 2016 ) + 156.810734904 (Apr. 2016 ) + 196.904688937 (Jul. 2016 ) = $580 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 Montreal Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
IS_CreditLossesProvision 1563621,1221,5191,030840775569500468

Bank of Montreal Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
IS_CreditLossesProvision 14712115213413112498129157197
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