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GuruFocus has detected 3 Warning Signs with JPMorgan Chase & Co $JPM.
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JPMorgan Chase & Co (NYSE:JPM)
Credit Losses Provision
$4,852 Mil (TTM As of Mar. 2017)

JPMorgan Chase & Co's credit losses provision for the three months ended in Mar. 2017 was $1,315 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2017 was $4,852 Mil.

JPMorgan Chase & Co's quarterly credit losses provision declined from Sep. 2016 ($1,271 Mil) to Dec. 2016 ($864 Mil) but then increased from Dec. 2016 ($864 Mil) to Mar. 2017 ($1,315 Mil).

JPMorgan Chase & Co's annual credit losses provision increased from Dec. 2014 ($3,139 Mil) to Dec. 2015 ($3,827 Mil) and increased from Dec. 2015 ($3,827 Mil) to Dec. 2016 ($5,361 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.

JPMorgan Chase & Co Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2017 was 1402 (Jun. 2016 ) + 1271 (Sep. 2016 ) + 864 (Dec. 2016 ) + 1315 (Mar. 2017 ) = $4,852 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.

JPMorgan Chase & Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 6,86420,97932,01516,6397,5743,3852253,1393,8275,361

JPMorgan Chase & Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 8409599356821,2511,8241,4021,2718641,315
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