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E*TRADE Financial Corp (NAS:ETFC)
Credit Losses Provision
$-154 Mil (TTM As of Sep. 2016)

E*TRADE Financial Corp's credit losses provision for the three months ended in Sep. 2016 was $-62 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $-154 Mil.

E*TRADE Financial Corp's quarterly credit losses provision declined from Mar. 2016 ($-34 Mil) to Jun. 2016 ($-35 Mil) and declined from Jun. 2016 ($-35 Mil) to Sep. 2016 ($-62 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 Sep. 2016 was -23 (Dec. 2015 ) + -34 (Mar. 2016 ) + -35 (Jun. 2016 ) + -62 (Sep. 2016 ) = $-154 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.

E*TRADE Financial Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 456401,5841,49877944135514336-40

E*TRADE Financial Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 12101053-25-23-34-35-62
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