DFS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Discover Financial Services's credit losses provision for the three months ended in Mar. 2016 was $424 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $1,546 Mil.
Discover Financial Services's quarterly credit losses provision increased from Sep. 2015 ($332 Mil) to Dec. 2015 ($484 Mil) but then declined from Dec. 2015 ($484 Mil) to Mar. 2016 ($424 Mil).
Discover Financial Services's annual credit losses provision increased from Dec. 2013 ($1,086 Mil) to Dec. 2014 ($1,443 Mil) and increased from Dec. 2014 ($1,443 Mil) to Dec. 2015 ($1,512 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.
Discover Financial Services Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2016 was 306 (Jun. 2015 ) + 332 (Sep. 2015 ) + 484 (Dec. 2015 ) + 424 (Mar. 2016 ) = $1,546 Mil.
Discover Financial Services Annual Data
Discover Financial Services Quarterly Data