Switch to:
PNC Financial Services Group Inc (NYSE:PNC)
Credit Losses Provision
$440 Mil (TTM As of Sep. 2016)

PNC Financial Services Group Inc's credit losses provision for the three months ended in Sep. 2016 was $87 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $440 Mil.

PNC Financial Services Group Inc's quarterly credit losses provision declined from Mar. 2016 ($152 Mil) to Jun. 2016 ($127 Mil) and declined from Jun. 2016 ($127 Mil) to Sep. 2016 ($87 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 Sep. 2016 was 74 (Dec. 2015 ) + 152 (Mar. 2016 ) + 127 (Jun. 2016 ) + 87 (Sep. 2016 ) = $440 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

PNC Financial Services Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 1243151,5173,9302,5021,152987643273255

PNC Financial Services Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 7255525446817415212787
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK