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Clarkson (LSE:CKN) Allowance For Loans And Lease Losses


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What is Clarkson Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Clarkson (LSE:CKN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Clarkson PLC (LSE:CKN) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
Commodity Quay, St Katharine Docks, London, GBR, E1W 1BF
Clarkson PLC is a shipbroking company that services the transportation industry. The company organizes itself into four segments: broking, financial, support, and research. Broking, which generates the vast majority of revenue, provides shipbroking services for ocean transporters. Financial, the next most significant segment, provides investment banking and asset finance services in the shipping, offshore, and real estate sectors. Geographically, it derives a majority of revenue from Europe, the Middle East, and Africa.