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E*TRADE Financial Corp (NAS:ETFC)
Credit Losses Provision
$-40 Mil (TTM As of Dec. 2015)

E*TRADE Financial Corp's credit losses provision for the three months ended in Dec. 2015 was $-23 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2015 was $-40 Mil.

E*TRADE Financial Corp's quarterly credit losses provision declined from Jun. 2015 ($3 Mil) to Sep. 2015 ($-25 Mil) but then increased from Sep. 2015 ($-25 Mil) to Dec. 2015 ($-23 Mil).

E*TRADE Financial Corp's annual credit losses provision declined from Dec. 2013 ($143 Mil) to Dec. 2014 ($36 Mil) and declined from Dec. 2014 ($36 Mil) to Dec. 2015 ($-40 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 Dec. 2015 was 5 (Mar. 2015 ) + 3 (Jun. 2015 ) + -25 (Sep. 2015 ) + -23 (Dec. 2015 ) = $-40 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 456401,5841,49877944135514336-40

E*TRADE Financial Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
IS_CreditLossesProvision 17412101053-25-23-34
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