Canadian Banc (TSX:BK) Credit Losses Provision : C$0.00 Mil (As of Nov. 2023)

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What is Canadian Banc Credit Losses Provision?

Canadian Banc's credit losses provision for the six months ended in Nov. 2023 was C$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Nov. 2023 was C$0.00 Mil.

Canadian Banc Credit Losses Provision Historical Data

The historical data trend for Canadian Banc'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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Canadian Banc Credit Losses Provision Chart

Canadian Banc Annual Data

Trend

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Credit Losses Provision

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Canadian Banc Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Canadian Banc 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Canadian Banc (TSX:BK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (TSX:BK) » Definitions » Credit Losses Provision

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CNDCF:USA BK.PR.A.PFD:Canada

Address

200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.