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Bank Leumi Le-Israel BM (XTAE:LUMI) Credit Losses Provision : ₪0 Mil (As of Dec. 2023)


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What is Bank Leumi Le-Israel BM Credit Losses Provision?

Bank Leumi Le-Israel BM's credit losses provision for the three months ended in Dec. 2023 was ₪0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was ₪0 Mil.

Bank Leumi Le-Israel BM Credit Losses Provision Historical Data

The historical data trend for Bank Leumi Le-Israel BM'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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Bank Leumi Le-Israel BM Credit Losses Provision Chart

Bank Leumi Le-Israel BM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Bank Leumi Le-Israel BM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Bank Leumi Le-Israel BM 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 quarterly data reported by the company within the most recent 12 months, which was ₪0 Mil.

* 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.

Bank Leumi Le-Israel BM (XTAE:LUMI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Leumi Le-Israel BM (XTAE:LUMI) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
BLMIF:USA
Address
24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546
Website
https://www.bankleumi.co.il
Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.

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