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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$2,442 Mil (TTM As of Dec. 2015)

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).


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 Dec. 2015 was 608 (Mar. 2015 ) + 300 (Jun. 2015 ) + 703 (Sep. 2015 ) + 831 (Dec. 2015 ) = $2,442 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 2,2044,93915,97921,66815,7537,8997,2172,3091,3952,442

Wells Fargo & Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
IS_CreditLossesProvision 3633252173684856083007038311,086
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