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Fifth Third Bancorp (NAS:FITB)
Credit Losses Provision
$381 Mil (TTM As of Sep. 2016)

Fifth Third Bancorp's credit losses provision for the three months ended in Sep. 2016 was $80 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $381 Mil.

Fifth Third Bancorp's quarterly credit losses provision declined from Mar. 2016 ($119 Mil) to Jun. 2016 ($91 Mil) and declined from Jun. 2016 ($91 Mil) to Sep. 2016 ($80 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).


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 Sep. 2016 was 91 (Dec. 2015 ) + 119 (Mar. 2016 ) + 91 (Jun. 2016 ) + 80 (Sep. 2016 ) = $381 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Fifth Third Bancorp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 3436284,5603,5431,538423303229315396

Fifth Third Bancorp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 7671996979156911199180
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