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PNC Financial Services Group Inc's credit losses provision for the three months ended in Jun. 2016 was $127 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2016 was $434 Mil.
PNC Financial Services Group Inc's quarterly credit losses provision increased from Dec. 2015 ($74 Mil) to Mar. 2016 ($152 Mil) but then declined from Mar. 2016 ($152 Mil) to Jun. 2016 ($127 Mil).
PNC Financial Services Group Inc's annual credit losses provision declined from Dec. 2013 ($643 Mil) to Dec. 2014 ($273 Mil) and declined from Dec. 2014 ($273 Mil) to Dec. 2015 ($255 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.
PNC Financial Services Group Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2016 was 81 (Sep. 2015 ) + 74 (Dec. 2015 ) + 152 (Mar. 2016 ) + 127 (Jun. 2016 ) = $434 Mil.
PNC Financial Services Group Inc Annual Data
PNC Financial Services Group Inc Quarterly Data