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Bank of Montreal  (NYSE:BMO) Credit Losses Provision: $561 Mil (As of Jul. 2017)

Bank of Montreal's credit losses provision for the three months ended in Jul. 2017 was $106 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jul. 2017 was $561 Mil.

Bank of Montreal's quarterly credit losses provision increased from Jan. 2017 ($131 Mil) to Apr. 2017 ($193 Mil) but then declined from Apr. 2017 ($193 Mil) to Jul. 2017 ($106 Mil).

Bank of Montreal's annual credit losses provision declined from Oct. 2014 ($500 Mil) to Oct. 2015 ($468 Mil) but then increased from Oct. 2015 ($468 Mil) to Oct. 2016 ($615 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 Montreal Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 773.91 566.44 500.36 468.18 615.05

Bank of Montreal Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 196.90 131.31 131.23 192.75 105.59

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 Jul. 2017 was 131.310844465 (Oct. 2016 ) + 131.229613897 (Jan. 2017 ) + 192.75135819 (Apr. 2017 ) + 105.594956659 (Jul. 2017 ) = $561 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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