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Comerica Inc's credit losses provision for the three months ended in Dec. 2016 was $35 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $248 Mil.
Comerica Inc's quarterly credit losses provision declined from Jun. 2016 ($49 Mil) to Sep. 2016 ($16 Mil) but then increased from Sep. 2016 ($16 Mil) to Dec. 2016 ($35 Mil).
Comerica Inc's annual credit losses provision increased from Dec. 2014 ($27 Mil) to Dec. 2015 ($147 Mil) and increased from Dec. 2015 ($147 Mil) to Dec. 2016 ($248 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.
Comerica Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2016 was 148 (Mar. 2016 ) + 49 (Jun. 2016 ) + 16 (Sep. 2016 ) + 35 (Dec. 2016 ) = $248 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Comerica Inc Annual Data
Comerica Inc Quarterly Data
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