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Wells Fargo Credit Losses Provision

: $14,793 Mil (As of Sep. 2020)
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Wells Fargo's credit losses provision for the three months ended in Sep. 2020 was $751 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2020 was $14,793 Mil.

Wells Fargo's quarterly credit losses provision increased from Mar. 2020 ($3,833 Mil) to Jun. 2020 ($9,565 Mil) but then declined from Jun. 2020 ($9,565 Mil) to Sep. 2020 ($751 Mil).

Wells Fargo's annual credit losses provision declined from Dec. 2017 ($2,528 Mil) to Dec. 2018 ($1,744 Mil) but then increased from Dec. 2018 ($1,744 Mil) to Dec. 2019 ($2,687 Mil).

Wells Fargo Credit Losses Provision 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.

Wells Fargo Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,770.00 2,528.00 1,744.00 2,687.00 14,129.00

Wells Fargo Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 644.00 3,833.00 9,565.00 751.00 -179.00

Wells Fargo 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. 2020 was 644 (Dec. 2019 ) + 3833 (Mar. 2020 ) + 9565 (Jun. 2020 ) + 751 (Sep. 2020 ) = $14,793 Mil.

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

Wells Fargo Credit Losses Provision Headlines

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