Switch to:
Fifth Third Bancorp (NAS:FITB)
Credit Losses Provision
$315 Mil (TTM As of Dec. 2014)

Fifth Third Bancorp's credit losses provision for the three months ended in Dec. 2014 was $99 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2014 was $315 Mil.

Fifth Third Bancorp's quarterly credit losses provision declined from Jun. 2014 ($76 Mil) to Sep. 2014 ($71 Mil) but then increased from Sep. 2014 ($71 Mil) to Dec. 2014 ($99 Mil).

Fifth Third Bancorp's annual credit losses provision declined from Dec. 2012 ($303 Mil) to Dec. 2013 ($229 Mil) but then increased from Dec. 2013 ($229 Mil) to Dec. 2014 ($315 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.

Fifth Third Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2014 was 69 (Mar. 2014 ) + 76 (Jun. 2014 ) + 71 (Sep. 2014 ) + 99 (Dec. 2014 ) = $315 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.

Fifth Third Bancorp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
IS_CreditLossesProvision 3303436284,5603,5431,538423303229315

Fifth Third Bancorp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
IS_CreditLossesProvision 65766264515369767199
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK