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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$1,761 Mil (TTM As of Jun. 2015)

Wells Fargo & Co's credit losses provision for the three months ended in Jun. 2015 was $300 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $1,761 Mil.

Wells Fargo & Co's quarterly credit losses provision increased from Dec. 2014 ($485 Mil) to Mar. 2015 ($608 Mil) but then declined from Mar. 2015 ($608 Mil) to Jun. 2015 ($300 Mil).

Wells Fargo & Co's annual credit losses provision declined from Dec. 2012 ($7,217 Mil) to Dec. 2013 ($2,309 Mil) and declined from Dec. 2013 ($2,309 Mil) to Dec. 2014 ($1,395 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.

Wells Fargo & Co Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2015 was 368 (Sep. 2014 ) + 485 (Dec. 2014 ) + 608 (Mar. 2015 ) + 300 (Jun. 2015 ) = $1,761 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.

Wells Fargo & Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
IS_CreditLossesProvision 2,3832,2044,93915,97921,66815,7537,8997,2172,3091,395

Wells Fargo & Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
IS_CreditLossesProvision 1,21965275363325217368485608300
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