Banco Comercial Portugues (Banco Comercial Portugues) Allowance For Loans And Lease Losses : $-1,726 Mil (As of Dec. 2023)

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What is Banco Comercial Portugues Allowance For Loans And Lease Losses?

Banco Comercial Portugues's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-1,726 Mil.

Banco Comercial Portugues's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-1,694 Mil) to Sep. 2023 ($-1,643 Mil) but then declined from Sep. 2023 ($-1,643 Mil) to Dec. 2023 ($-1,726 Mil).

Banco Comercial Portugues's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-2,091 Mil) to Dec. 2022 ($-1,592 Mil) but then declined from Dec. 2022 ($-1,592 Mil) to Dec. 2023 ($-1,726 Mil).

Banco Comercial Portugues Allowance For Loans And Lease Losses Historical Data

The historical data trend for Banco Comercial Portugues's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Banco Comercial Portugues Allowance For Loans And Lease Losses Chart

Banco Comercial Portugues Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2,685.99

-2,477.89

-2,090.93

-1,592.41

-1,726.14

Banco Comercial Portugues Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-1,592.41	-1,641.53	-1,693.87	-1,642.99	-1,726.14

Banco Comercial Portugues Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Banco Comercial Portugues Allowance For Loans And Lease Losses Related Terms

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Banco Comercial Portugues (Banco Comercial Portugues) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Comercial Portugues SA (OTCPK:BPCGF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

BCP:Portugal BCPu:UK 0RJN:UK BCPN:Germany

Address

Praca D. Joao I, 28, Porto, PRT, 4000-295

Website

https://ind.millenniumbcp.pt

Banco Comercial Portugues SA or Millennium BCP, is a Portuguese bank operating primarily in Portugal, as well as Poland, Mozambique, and Angola. The bank offers a wide range of retail and corporate banking products and services. The bank's distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. In addition to its emphasis on financial technology, BCP's business model has shifted focus to high-net worth individuals, business lending with growth potential, as well as divestiture of noncore assets in its portfolio. The bank's net revenue is mostly net interest income, with notable net commission and net trading income. Most of BCP's earning assets are loans split nearly evenly between retail and corporate.