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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$3,796 Mil (TTM As of Sep. 2016)

Wells Fargo & Co's credit losses provision for the three months ended in Sep. 2016 was $805 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $3,796 Mil.

Wells Fargo & Co's quarterly credit losses provision declined from Mar. 2016 ($1,086 Mil) to Jun. 2016 ($1,074 Mil) and declined from Jun. 2016 ($1,074 Mil) to Sep. 2016 ($805 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 Sep. 2016 was 831 (Dec. 2015 ) + 1086 (Mar. 2016 ) + 1074 (Jun. 2016 ) + 805 (Sep. 2016 ) = $3,796 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
IS_CreditLossesProvision 2173684856083007038311,0861,074805
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