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Fifth Third Bancorp's credit losses provision for the three months ended in Jun. 2015 was $79 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $318 Mil.
Fifth Third Bancorp's quarterly credit losses provision declined from Dec. 2014 ($99 Mil) to Mar. 2015 ($69 Mil) but then increased from Mar. 2015 ($69 Mil) to Jun. 2015 ($79 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).
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 Jun. 2015 was 71 (Sep. 2014 ) + 99 (Dec. 2014 ) + 69 (Mar. 2015 ) + 79 (Jun. 2015 ) = $318 Mil.
Fifth Third Bancorp Annual Data
Fifth Third Bancorp Quarterly Data