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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$1,273 Mil (TTM As of Sep. 2014)

Wells Fargo & Co's credit losses provision for the three months ended in Sep. 2014 was $368 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $1,273 Mil.

Wells Fargo & Co's quarterly credit losses provision declined from Mar. 2014 ($325 Mil) to Jun. 2014 ($217 Mil) but then increased from Jun. 2014 ($217 Mil) to Sep. 2014 ($368 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).


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. 2014 was 363 (Dec. 2013 ) + 325 (Mar. 2014 ) + 217 (Jun. 2014 ) + 368 (Sep. 2014 ) = $1,273 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 1,7172,3832,2044,93915,97921,66815,7537,8997,2172,309

Wells Fargo & Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
IS_CreditLossesProvision 1,8001,5911,8311,21965275363325217368
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