Mercantile Bank (DHA:MERCANBANK) Credit Losses Provision : BDT0 Mil (As of Sep. 2023)

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What is Mercantile Bank Credit Losses Provision?

Mercantile Bank's credit losses provision for the three months ended in Sep. 2023 was BDT0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was BDT0 Mil.

Mercantile Bank Credit Losses Provision Historical Data

The historical data trend for Mercantile Bank's Credit Losses Provision 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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Mercantile Bank Credit Losses Provision Chart

Mercantile Bank Annual Data

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Credit Losses Provision

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Mercantile Bank Quarterly Data
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Mercantile Bank Credit Losses Provision 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT0 Mil.

Mercantile Bank (DHA:MERCANBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank PLC (DHA:MERCANBANK) » Definitions » Credit Losses Provision

Traded in Other Exchanges

N/A

Address

61, Dilkusha Commercial Area, Dhaka, BGD, 1000

Website

https://www.mblbd.com

Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Managements Limited, and Mercantile Exchange House (UK) Ltd.

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