WFC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Wells Fargo & Co's credit losses provision for the three months ended in Dec. 2015 was $831 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2015 was $2,442 Mil.
Wells Fargo & Co's quarterly credit losses provision increased from Jun. 2015 ($300 Mil) to Sep. 2015 ($703 Mil) and increased from Sep. 2015 ($703 Mil) to Dec. 2015 ($831 Mil).
Wells Fargo & Co's annual credit losses provision declined from Dec. 2013 ($2,309 Mil) to Dec. 2014 ($1,395 Mil) but then increased from Dec. 2014 ($1,395 Mil) to Dec. 2015 ($2,442 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 Dec. 2015 was 608 (Mar. 2015 ) + 300 (Jun. 2015 ) + 703 (Sep. 2015 ) + 831 (Dec. 2015 ) = $2,442 Mil.
Wells Fargo & Co Annual Data
Wells Fargo & Co Quarterly Data