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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$2,096 Mil (TTM As of Sep. 2015)

Wells Fargo & Co's credit losses provision for the three months ended in Sep. 2015 was $703 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2015 was $2,096 Mil.

Wells Fargo & Co's quarterly credit losses provision declined from Mar. 2015 ($608 Mil) to Jun. 2015 ($300 Mil) but then increased from Jun. 2015 ($300 Mil) to Sep. 2015 ($703 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. 2015 was 485 (Dec. 2014 ) + 608 (Mar. 2015 ) + 300 (Jun. 2015 ) + 703 (Sep. 2015 ) = $2,096 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

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
IS_CreditLossesProvision 75363325217368485608300703831
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