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Fifth Third Bancorp's credit losses provision for the three months ended in Dec. 2013 was $53 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was $230 Mil.
Fifth Third Bancorp's quarterly credit losses provision declined from Jun. 2013 ($64 Mil) to Sep. 2013 ($51 Mil) but then increased from Sep. 2013 ($51 Mil) to Dec. 2013 ($53 Mil).
Fifth Third Bancorp's annual credit losses provision declined from Dec. 2011 ($423 Mil) to Dec. 2012 ($303 Mil) and declined from Dec. 2012 ($303 Mil) to Dec. 2013 ($229 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 Dec. 2013 was 62 (Mar. 2013 ) + 64 (Jun. 2013 ) + 51 (Sep. 2013 ) + 53 (Dec. 2013 ) = $230 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