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Wells Fargo & Co (NYSE:WFC)
Credit Losses Provision
$2,920 Mil (TTM As of Mar. 2016)

Wells Fargo & Co's credit losses provision for the three months ended in Mar. 2016 was $1,086 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $2,920 Mil.

Wells Fargo & Co's quarterly credit losses provision increased from Sep. 2015 ($703 Mil) to Dec. 2015 ($831 Mil) and increased from Dec. 2015 ($831 Mil) to Mar. 2016 ($1,086 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 Mar. 2016 was 300 (Jun. 2015 ) + 703 (Sep. 2015 ) + 831 (Dec. 2015 ) + 1086 (Mar. 2016 ) = $2,920 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

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
IS_CreditLossesProvision 3252173684856083007038311,0861,074
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