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Bank of Montreal (NYSE:BMO)
Credit Losses Provision
$541 Mil (TTM As of Jul. 2015)

Bank of Montreal's credit losses provision for the three months ended in Jul. 2015 was $124 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jul. 2015 was $541 Mil.

Bank of Montreal's quarterly credit losses provision declined from Jan. 2015 ($134 Mil) to Apr. 2015 ($131 Mil) and declined from Apr. 2015 ($131 Mil) to Jul. 2015 ($124 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. 2015 was 151.623260792 (Oct. 2014 ) + 134.466259693 (Jan. 2015 ) + 130.501742725 (Apr. 2015 ) + 124.387778901 (Jul. 2015 ) = $541 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 Montreal Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
IS_CreditLossesProvision 1521563621,1221,5191,030840775569500

Bank of Montreal Quarterly Data

Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15
IS_CreditLossesProvision 1427418290147121152134131124
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