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Popular Inc's credit losses provision for the three months ended in Jun. 2015 was $76 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $245 Mil.
Popular Inc's quarterly credit losses provision declined from Dec. 2014 ($48 Mil) to Mar. 2015 ($40 Mil) but then increased from Mar. 2015 ($40 Mil) to Jun. 2015 ($76 Mil).
Popular Inc's annual credit losses provision increased from Dec. 2012 ($409 Mil) to Dec. 2013 ($603 Mil) but then declined from Dec. 2013 ($603 Mil) to Dec. 2014 ($270 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 Jun. 2015 was 80.629 (Sep. 2014 ) + 47.991 (Dec. 2014 ) + 40.035 (Mar. 2015 ) + 76.234 (Jun. 2015 ) = $245 Mil.
Popular Inc Annual Data
Popular Inc Quarterly Data