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Customers Bancorp (FRA:334) Allowance For Loans And Lease Losses : €-124.1 Mil (As of Dec. 2023)


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What is Customers Bancorp Allowance For Loans And Lease Losses?

Customers Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was €-124.1 Mil.

Customers Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (€-128.9 Mil) to Sep. 2023 (€-130.4 Mil) but then increased from Sep. 2023 (€-130.4 Mil) to Dec. 2023 (€-124.1 Mil).

Customers Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-122.0 Mil) to Dec. 2022 (€-123.6 Mil) and declined from Dec. 2022 (€-123.6 Mil) to Dec. 2023 (€-124.1 Mil).

Customers Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Customers Bancorp'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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Customers Bancorp Allowance For Loans And Lease Losses Chart

Customers Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.74 -118.51 -121.96 -123.59 -124.08

Customers Bancorp 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -123.59 -121.68 -128.90 -130.44 -124.08

Customers Bancorp 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.

Customers Bancorp Allowance For Loans And Lease Losses Related Terms

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Customers Bancorp (FRA:334) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Customers Bancorp Inc (FRA:334) » Definitions » Allowance For Loans And Lease Losses
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Address
701 Reading Avenue, West Reading, PA, USA, 19611
Website
https://www.customersbank.com
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.

Customers Bancorp (FRA:334) Headlines

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