Zuger Kantonalbank AG (XSWX:ZUGER) Credit Losses Provision : CHF0.0 Mil (As of Dec. 2023)

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What is Zuger Kantonalbank AG Credit Losses Provision?

Zuger Kantonalbank AG's credit losses provision for the six months ended in Dec. 2023 was CHF0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was CHF0.0 Mil.

Zuger Kantonalbank AG Credit Losses Provision Historical Data

The historical data trend for Zuger Kantonalbank AG'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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Zuger Kantonalbank AG Credit Losses Provision Chart

Zuger Kantonalbank AG Annual Data

Trend

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Credit Losses Provision

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Zuger Kantonalbank AG Semi-Annual Data
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Zuger Kantonalbank AG 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF0.0 Mil.

Zuger Kantonalbank AG (XSWX:ZUGER) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zuger Kantonalbank AG (XSWX:ZUGER) » Definitions » Credit Losses Provision

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ZUGERz:UK

Address

Zuger Kantonalbank, Baarerstrasse 37, Zug, CHE, CH-6301

Website

http://www.zugerkb.ch

Zuger Kantonalbank AG is a cantonal, universal Swiss bank. The canton of Zug is the majority shareholder with just over half of the outstanding shares. The cantonal government also guarantees state protection of funds deposited with the bank. The bank's operations include retail banking, private banking, and corporate banking. Most of its products and services cater to residents in the canton of Zug. Products and offerings include traditional banking services, home financing, financial planning, asset management, corporate and real estate financing, pension planning, and succession planning. Most of the bank's net revenue consists of net interest income derived from mortgages.

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