Switch to:
ING Groep NV  (NYSE:IGK) Credit Losses Provision: $1,027.43 Mil (As of Jun. 2017)

ING Groep NV's credit losses provision for the six months ended in Jun. 2017 was $406.74 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2017 was $1,027.43 Mil.

ING Groep NV's quarterly credit losses provision declined from Jun. 2016 ($641.57 Mil) to Dec. 2016 ($425.11 Mil) and declined from Dec. 2016 ($425.11 Mil) to Jun. 2017 ($406.74 Mil).

ING Groep NV's annual credit losses provision declined from Dec. 2014 ($1,965.47 Mil) to Dec. 2015 ($1,467.32 Mil) and declined from Dec. 2015 ($1,467.32 Mil) to Dec. 2016 ($1,027.43 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.

ING Groep NV 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 2,788.71 3,135.62 1,965.47 1,467.32 1,027.43

ING Groep NV Semi-Annual Data

Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 881.03 612.20 641.57 425.11 406.74

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.

For stock reported semi-annually, GuruFocus uses latest annual data as the TTM data. Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2017 was $1,027.43 Mil.

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


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK