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Bank of Montreal (NYSE:BMO)
Credit Losses Provision
$537 Mil (TTM As of Jul. 2014)

Bank of Montreal's credit losses provision for the three months ended in Jul. 2014 was $119 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jul. 2014 was $537 Mil.

Bank of Montreal's quarterly credit losses provision increased from Jan. 2014 ($90 Mil) to Apr. 2014 ($149 Mil) but then declined from Apr. 2014 ($149 Mil) to Jul. 2014 ($119 Mil).

Bank of Montreal's annual credit losses provision declined from Oct. 2011 ($1,182 Mil) to Oct. 2012 ($767 Mil) and declined from Oct. 2012 ($767 Mil) to Oct. 2013 ($561 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. 2014 was 180.171591992 (Oct. 2013 ) + 89.592760181 (Jan. 2014 ) + 148.760330579 (Apr. 2014 ) + 118.938700823 (Jul. 2014 ) = $537 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

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
IS_CreditLossesProvision -861521553651,0931,5141,0361,182767561

Bank of Montreal Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
IS_CreditLossesProvision 1932391931761417318090149119
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