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GuruFocus has detected 3 Warning Signs with Capital One Financial Corp $COF.
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Capital One Financial Corp (NYSE:COF)
Credit Losses Provision
$6,459 Mil (TTM As of Dec. 2016)

Capital One Financial Corp's credit losses provision for the three months ended in Dec. 2016 was $1,752 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $6,459 Mil.

Capital One Financial Corp's quarterly credit losses provision declined from Jun. 2016 ($1,592 Mil) to Sep. 2016 ($1,588 Mil) but then increased from Sep. 2016 ($1,588 Mil) to Dec. 2016 ($1,752 Mil).

Capital One Financial Corp's annual credit losses provision increased from Dec. 2014 ($3,541 Mil) to Dec. 2015 ($4,536 Mil) and increased from Dec. 2015 ($4,536 Mil) to Dec. 2016 ($6,459 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.

Capital One Financial Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2016 was 1527 (Mar. 2016 ) + 1592 (Jun. 2016 ) + 1588 (Sep. 2016 ) + 1752 (Dec. 2016 ) = $6,459 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Capital One Financial Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 2,6375,1014,2303,9072,3604,4153,4533,5414,5366,459

Capital One Financial Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
IS_CreditLossesProvision 9931,1099351,1291,0921,3801,5271,5921,5881,752
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