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Bank of Montreal (NYSE:BMO)
Credit Losses Provision
$482 Mil (TTM As of Jan. 2016)

Bank of Montreal's credit losses provision for the three months ended in Jan. 2016 was $129 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jan. 2016 was $482 Mil.

Bank of Montreal's quarterly credit losses provision declined from Jul. 2015 ($124 Mil) to Oct. 2015 ($98 Mil) but then increased from Oct. 2015 ($98 Mil) to Jan. 2016 ($129 Mil).

Bank of Montreal's annual credit losses provision declined from Oct. 2013 ($569 Mil) to Oct. 2014 ($500 Mil) and declined from Oct. 2014 ($500 Mil) to Oct. 2015 ($468 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 Jan. 2016 was 130.501742725 (Apr. 2015 ) + 124.387778901 (Jul. 2015 ) + 97.9192166463 (Oct. 2015 ) + 128.800675676 (Jan. 2016 ) = $482 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

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
IS_CreditLossesProvision 1563621,1221,5191,030840775569500468

Bank of Montreal Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
IS_CreditLossesProvision 1829014712115213413112498129
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