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E*Trade Financial Corp (NAS:ETFC)
Credit Losses Provision
$43 Mil (TTM As of Sep. 2014)

E*Trade Financial Corp's credit losses provision for the three months ended in Sep. 2014 was $10 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $43 Mil.

E*Trade Financial Corp's quarterly credit losses provision increased from Mar. 2014 ($4 Mil) to Jun. 2014 ($12 Mil) but then declined from Jun. 2014 ($12 Mil) to Sep. 2014 ($10 Mil).

E*Trade Financial Corp's annual credit losses provision declined from Dec. 2011 ($441 Mil) to Dec. 2012 ($355 Mil) and declined from Dec. 2012 ($355 Mil) to Dec. 2013 ($143 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.

E*Trade Financial Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2014 was 17.471 (Dec. 2013 ) + 4 (Mar. 2014 ) + 12 (Jun. 2014 ) + 10 (Sep. 2014 ) = $43 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

E*Trade Financial Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 3854456401,5841,498779441355143

E*Trade Financial Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
IS_CreditLossesProvision 67141744346371741210
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