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PNC Financial Services Group Inc (NYSE:PNC)
Credit Losses Provision
$353 Mil (TTM As of Mar. 2016)

PNC Financial Services Group Inc's credit losses provision for the three months ended in Mar. 2016 was $152 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $353 Mil.

PNC Financial Services Group Inc's quarterly credit losses provision declined from Sep. 2015 ($81 Mil) to Dec. 2015 ($74 Mil) but then increased from Dec. 2015 ($74 Mil) to Mar. 2016 ($152 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).


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. 2016 was 46 (Jun. 2015 ) + 81 (Sep. 2015 ) + 74 (Dec. 2015 ) + 152 (Mar. 2016 ) = $353 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 1243151,5173,9302,5021,152987643273255

PNC Financial Services Group Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
IS_CreditLossesProvision 9472555254468174152127
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