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Bank of America Corporation  (NYSE:BAC) Credit Losses Provision: $3,185 Mil (As of Jun. 2017)

Bank of America Corporation's credit losses provision for the three months ended in Jun. 2017 was $726 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2017 was $3,185 Mil.

Bank of America Corporation's quarterly credit losses provision increased from Dec. 2016 ($774 Mil) to Mar. 2017 ($835 Mil) but then declined from Mar. 2017 ($835 Mil) to Jun. 2017 ($726 Mil).

Bank of America Corporation's annual credit losses provision increased from Dec. 2014 ($2,275 Mil) to Dec. 2015 ($3,161 Mil) and increased from Dec. 2015 ($3,161 Mil) to Dec. 2016 ($3,597 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Bank of America Corporation Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,169.00 3,556.00 2,275.00 3,161.00 3,597.00

Bank of America Corporation Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Credit Losses Provision 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 Premium Member Only Premium Member Only Premium Member Only 850.00 774.00 835.00 726.00 834.00

Calculation

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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2017 was 850 (Sep. 2016 ) + 774 (Dec. 2016 ) + 835 (Mar. 2017 ) + 726 (Jun. 2017 ) = $3,185 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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