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GuruFocus has detected 2 Warning Signs with Fifth Third Bancorp $FITB.
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Fifth Third Bancorp (NAS:FITB)
Credit Losses Provision
$299 Mil (TTM As of Mar. 2017)

Fifth Third Bancorp's credit losses provision for the three months ended in Mar. 2017 was $74 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2017 was $299 Mil.

Fifth Third Bancorp's quarterly credit losses provision declined from Sep. 2016 ($80 Mil) to Dec. 2016 ($54 Mil) but then increased from Dec. 2016 ($54 Mil) to Mar. 2017 ($74 Mil).

Fifth Third Bancorp's annual credit losses provision increased from Dec. 2014 ($315 Mil) to Dec. 2015 ($396 Mil) but then declined from Dec. 2015 ($396 Mil) to Dec. 2016 ($343 Mil).


Definition

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.

Fifth Third Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2017 was 91 (Jun. 2016 ) + 80 (Sep. 2016 ) + 54 (Dec. 2016 ) + 74 (Mar. 2017 ) = $299 Mil.

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


Historical Data

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

Fifth Third Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 6284,5603,5431,538423303229315396343

Fifth Third Bancorp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 9969791569111991805474
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