JPM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
JPMorgan Chase & Co's credit losses provision for the three months ended in Jun. 2016 was $1,402 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2016 was $5,159 Mil.
JPMorgan Chase & Co's quarterly credit losses provision increased from Dec. 2015 ($1,251 Mil) to Mar. 2016 ($1,824 Mil) but then declined from Mar. 2016 ($1,824 Mil) to Jun. 2016 ($1,402 Mil).
JPMorgan Chase & Co's annual credit losses provision increased from Dec. 2013 ($225 Mil) to Dec. 2014 ($3,139 Mil) and increased from Dec. 2014 ($3,139 Mil) to Dec. 2015 ($3,827 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.
JPMorgan Chase & Co Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2016 was 682 (Sep. 2015 ) + 1251 (Dec. 2015 ) + 1824 (Mar. 2016 ) + 1402 (Jun. 2016 ) = $5,159 Mil.
JPMorgan Chase & Co Annual Data
JPMorgan Chase & Co Quarterly Data