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Banco Bmg BMG (BSP:BMGB11) Credit Losses Provision : R$0.00 Mil (As of Jun. 2023)


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What is Banco Bmg BMG Credit Losses Provision?

Banco Bmg BMG's credit losses provision for the three months ended in Jun. 2023 was R$0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was R$0.00 Mil.

Banco Bmg BMG Credit Losses Provision Historical Data

The historical data trend for Banco Bmg BMG'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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Banco Bmg BMG Credit Losses Provision Chart

Banco Bmg BMG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Credit Losses Provision
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Banco Bmg BMG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Banco Bmg BMG 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0.00 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.

Banco Bmg BMG (BSP:BMGB11) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bmg SA BMG (BSP:BMGB11) » Definitions » Credit Losses Provision
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BSP:BMEB3 BSP:BRIV3 BSP:PINE3 BSP:BGIP3 BSP:BMIN3 BSP:BEES3 BSP:ABCB4 BSP:BAZA3 BSP:BRSR3 BSP:BSLI3 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
BMGB4:Brazil
Address
Avenida Presidente Juscelino Kubitscheck, 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, CEP 04543-900
Website
https://www.bancobmg.com.br
Banco Bmg SA BMG is a Brazilian company that operates as a multiple service bank with commercial and credit, financing and investment portfolios. The company operates in three segments: Retail Banking, Wholesale Banking and Insurance. The majority of the revenue is generated from the retail banking segment.

Banco Bmg BMG (BSP:BMGB11) Headlines

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