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PNC Financial Services Group Inc (NYSE:PNC)
Credit Losses Provision
$233 Mil (TTM As of Mar. 2015)

PNC Financial Services Group Inc's credit losses provision for the three months ended in Mar. 2015 was $54 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2015 was $233 Mil.

PNC Financial Services Group Inc's quarterly credit losses provision declined from Sep. 2014 ($55 Mil) to Dec. 2014 ($52 Mil) but then increased from Dec. 2014 ($52 Mil) to Mar. 2015 ($54 Mil).

PNC Financial Services Group Inc's annual credit losses provision declined from Dec. 2012 ($987 Mil) to Dec. 2013 ($643 Mil) and declined from Dec. 2013 ($643 Mil) to Dec. 2014 ($273 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.

PNC Financial Services Group Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2015 was 72 (Jun. 2014 ) + 55 (Sep. 2014 ) + 52 (Dec. 2014 ) + 54 (Mar. 2015 ) = $233 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PNC Financial Services Group Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
IS_CreditLossesProvision 211243151,5173,9302,5021,152987643273

PNC Financial Services Group Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
IS_CreditLossesProvision 3182361571371139472555254
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