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Popular Inc's credit losses provision for the three months ended in Dec. 2015 was $59 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2015 was $241 Mil.
Popular Inc's quarterly credit losses provision declined from Jun. 2015 ($76 Mil) to Sep. 2015 ($67 Mil) and declined from Sep. 2015 ($67 Mil) to Dec. 2015 ($59 Mil).
Popular Inc's annual credit losses provision declined from Dec. 2013 ($606 Mil) to Dec. 2014 ($270 Mil) and declined from Dec. 2014 ($270 Mil) to Dec. 2015 ($241 Mil).
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.
Popular Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2015 was 40.035 (Mar. 2015 ) + 76.234 (Jun. 2015 ) + 66.678 (Sep. 2015 ) + 58.531 (Dec. 2015 ) = $241 Mil.
Popular Inc Annual Data
Popular Inc Quarterly Data