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Fifth Third Bancorp's credit losses provision for the three months ended in Mar. 2016 was $119 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $445 Mil.
Fifth Third Bancorp's quarterly credit losses provision declined from Sep. 2015 ($156 Mil) to Dec. 2015 ($91 Mil) but then increased from Dec. 2015 ($91 Mil) to Mar. 2016 ($119 Mil).
Fifth Third Bancorp's annual credit losses provision increased from Dec. 2013 ($229 Mil) to Dec. 2014 ($315 Mil) and increased from Dec. 2014 ($315 Mil) to Dec. 2015 ($396 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.
Fifth Third Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2016 was 79 (Jun. 2015 ) + 156 (Sep. 2015 ) + 91 (Dec. 2015 ) + 119 (Mar. 2016 ) = $445 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Fifth Third Bancorp Annual Data
Fifth Third Bancorp Quarterly Data