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Fifth Third Bancorp's credit losses provision for the three months ended in Dec. 2016 was $54 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $344 Mil.
Fifth Third Bancorp's quarterly credit losses provision declined from Jun. 2016 ($91 Mil) to Sep. 2016 ($80 Mil) and declined from Sep. 2016 ($80 Mil) to Dec. 2016 ($54 Mil).
Fifth Third Bancorp's annual credit losses provision increased from Dec. 2014 ($315 Mil) to Dec. 2015 ($396 Mil) but then declined from Dec. 2015 ($396 Mil) to Dec. 2016 ($343 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. 2016 was 119 (Mar. 2016 ) + 91 (Jun. 2016 ) + 80 (Sep. 2016 ) + 54 (Dec. 2016 ) = $344 Mil.
Fifth Third Bancorp Annual Data
Fifth Third Bancorp Quarterly Data