Switch to:
GuruFocus has detected 4 Warning Signs with US Bancorp $USB.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
US Bancorp (NYSE:USB)
Credit Losses Provision
$1,339 Mil (TTM As of Mar. 2017)

US Bancorp's credit losses provision for the three months ended in Mar. 2017 was $345 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2017 was $1,339 Mil.

US Bancorp's quarterly credit losses provision increased from Sep. 2016 ($325 Mil) to Dec. 2016 ($342 Mil) and increased from Dec. 2016 ($342 Mil) to Mar. 2017 ($345 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).


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.

US Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2017 was 327 (Jun. 2016 ) + 325 (Sep. 2016 ) + 342 (Dec. 2016 ) + 345 (Mar. 2017 ) = $1,339 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.

US Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 7923,0965,5574,3562,3431,8821,3401,2291,1321,324

US Bancorp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 288264281282305330327325342345
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