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PNC Financial Services Group Inc's credit losses provision for the three months ended in Jun. 2015 was $46 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $207 Mil.
PNC Financial Services Group Inc's quarterly credit losses provision increased from Dec. 2014 ($52 Mil) to Mar. 2015 ($54 Mil) but then declined from Mar. 2015 ($54 Mil) to Jun. 2015 ($46 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).
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. 2015 was 55 (Sep. 2014 ) + 52 (Dec. 2014 ) + 54 (Mar. 2015 ) + 46 (Jun. 2015 ) = $207 Mil.
PNC Financial Services Group Inc Annual Data
PNC Financial Services Group Inc Quarterly Data