Switch to:
US Bancorp  (NYSE:USB) Credit Losses Provision: $1,397 Mil (As of Sep. 2017)

US Bancorp's credit losses provision for the three months ended in Sep. 2017 was $360 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2017 was $1,397 Mil.

US Bancorp's quarterly credit losses provision increased from Mar. 2017 ($345 Mil) to Jun. 2017 ($350 Mil) and increased from Jun. 2017 ($350 Mil) to Sep. 2017 ($360 Mil).

US Bancorp's annual credit losses provision declined from Dec. 2014 ($1,229 Mil) to Dec. 2015 ($1,132 Mil) but then increased from Dec. 2015 ($1,132 Mil) to Dec. 2016 ($1,324 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.

US Bancorp 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 1,882.00 1,340.00 1,229.00 1,132.00 1,324.00

US Bancorp Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 325.00 342.00 345.00 350.00 360.00

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. 2017 was 342 (Dec. 2016 ) + 345 (Mar. 2017 ) + 350 (Jun. 2017 ) + 360 (Sep. 2017 ) = $1,397 Mil.

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


Headlines

From the Internet

USB
Banks 2018 Winners Growing Economy

- Seekingalpha 2017-11-17 11:12:54

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