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Wells Fargo & Co's credit losses provision for the three months ended in Jun. 2014 was $217 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2014 was $980 Mil.
Wells Fargo & Co's quarterly credit losses provision declined from Dec. 2013 ($363 Mil) to Mar. 2014 ($325 Mil) and declined from Mar. 2014 ($325 Mil) to Jun. 2014 ($217 Mil).
Wells Fargo & Co's annual credit losses provision declined from Dec. 2011 ($7,899 Mil) to Dec. 2012 ($7,217 Mil) and declined from Dec. 2012 ($7,217 Mil) to Dec. 2013 ($2,309 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.
Wells Fargo & Co Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2014 was 75 (Sep. 2013 ) + 363 (Dec. 2013 ) + 325 (Mar. 2014 ) + 217 (Jun. 2014 ) = $980 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Wells Fargo & Co Annual Data
Wells Fargo & Co Quarterly Data