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Block (ASX:XYZ) Allowance For Loans And Lease Losses


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What is Block Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Block Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (ASX:XYZ) » Definitions » Allowance For Loans And Lease Losses
Address
1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.