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M&T Bank Corp's credit losses provision for the three months ended in Sep. 2014 was $29 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $133 Mil.
M&T Bank Corp's quarterly credit losses provision declined from Mar. 2014 ($32 Mil) to Jun. 2014 ($30 Mil) and declined from Jun. 2014 ($30 Mil) to Sep. 2014 ($29 Mil).
M&T Bank Corp's annual credit losses provision declined from Dec. 2011 ($270 Mil) to Dec. 2012 ($204 Mil) and declined from Dec. 2012 ($204 Mil) to Dec. 2013 ($185 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.
M&T Bank Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2014 was 42 (Dec. 2013 ) + 32 (Mar. 2014 ) + 30 (Jun. 2014 ) + 29 (Sep. 2014 ) = $133 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
M&T Bank Corp Annual Data
M&T Bank Corp Quarterly Data