GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (LTS:0L7A) » Definitions » Allowance For Loans And Lease Losses

A.O. Smith (LTS:0L7A) Allowance For Loans And Lease Losses


View and export this data going back to 2018. Start your Free Trial

What is A.O. Smith Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


A.O. Smith Business Description

Industry
Traded in Other Exchanges
Address
11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508
A.O. Smith Corporation manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments, North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for both residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for Most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.