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PNC Financial Services Group Inc (NYSE:PNC)
Credit Losses Provision
$643 Mil (TTM As of Dec. 2013)

PNC Financial Services Group Inc's credit losses provision for the three months ended in Dec. 2013 was $113 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was $643 Mil.

PNC Financial Services Group Inc's quarterly credit losses provision declined from Jun. 2013 ($157 Mil) to Sep. 2013 ($137 Mil) and declined from Sep. 2013 ($137 Mil) to Dec. 2013 ($113 Mil).

PNC Financial Services Group Inc's annual credit losses provision declined from Dec. 2011 ($1,152 Mil) to Dec. 2012 ($987 Mil) and declined from Dec. 2012 ($987 Mil) to Dec. 2013 ($643 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 Dec. 2013 was 236 (Mar. 2013 ) + 157 (Jun. 2013 ) + 137 (Sep. 2013 ) + 113 (Dec. 2013 ) = $643 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 52211243151,5173,9302,5021,152987643

PNC Financial Services Group Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
IS_CreditLossesProvision 261190185256228318236157137113
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